Securities

April 25, 2018 NuStar GP Holdings, LLC (NSH) and its board of directors are facing claims that they filed a misleading proxy statement in connection with a proposed merger.

April 18, 2018 8point3 Energy Partners LP and its board of directors are facing a proposed class action that claims the company misled stockholders concerning a potential merger with Capital Dynamics, Inc.

April 11, 2018 Longfin Corp. and its CEO have been named in a proposed class action alleging the defendants misled stockholders regarding the company’s business and operations and caused them to suffer losses when adverse facts came to light.

April 11, 2018 Sigma Designs, Inc. and four individual directors have been named in a proposed class action lawsuit alleging the parties filed a misleading proxy statement in connection with the potential sale of the company’s assets.

April 6, 2018 8point3 Energy Partners, LP is facing a proposed class action along with seven individual directors of managing company 8point3 General Partner, LLC.

March 23, 2018 Online game developer Shanda Games Limited and its board of directors are facing a proposed class action that takes issue with a merger between Shanda and Capitalhold Limited that was completed in 2015.

March 20, 2018 Acadia Healthcare Company, Inc., nine individual directors, and Citigroup Global Markets Inc. are facing a proposed class action alleging the defendants misled investors regarding Acadia’s business operations and financial prospects.

March 15, 2018 A proposed class action has been filed against Foot Locker, Inc. and its CEO and CFO on behalf of a proposed class of individuals who bought the shoe and apparel retailer’s common stock between August 19, 2016 and August 17, 2017 (the class period).

March 9, 2018 PharMerica Corporation, its board of directors, Kohlberg Kravis Roberts & Co. L.P., and Walgreens Boots Alliance, Inc. are facing a securities lawsuit that claims the defendants filed a misleading proxy statement in connection with a proposed merger.

March 6, 2018 A proposed class action has been filed against Atlas Financial Holdings, Inc. and two executives over claims that the defendants misled investors concerning the company’s accounting practices and financial reporting.

March 5, 2018 Capitala Finance Corp. and two top executives are facing a securities lawsuit originally filed in December 2017 that has recently been removed to federal court in North Carolina.

March 5, 2018 The plaintiff claims Almost Family submitted a 'materially incomplete and misleading' registration statement to to prop up support for the LHC merger.

March 2, 2018 A shareholder has filed suit against MiMedx Group, Inc. and two executives over claims that the parties hid from investors the company’s supposedly flawed business practices that would later affect its financial reporting and cause stock prices to fall.

March 1, 2018 Two SCANA Corporation shareholders have filed suit against the company’s board of directors, Dominion Energy, Inc., and Sedona Corp. over a proposed merger between SCANA and Dominion.

February 28, 2018 Wells Fargo & Company and two of its top executives are facing a proposed class action lawsuit that claims the defendants failed to reveal to investors the extent of the bank’s illicit practices between January 13, 2017 and July 27, 2017.

February 28, 2018 A proposed class action has been filed against Kraton Corporation alleging the company failed to disclose to investors that issues with its Cariflex product were negatively impacting earnings.

February 27, 2018 A proposed class action has been filed against SCANA Corporation, its board of directors, Dominion Energy, Inc. and Sedona Corp. over a proposed merger between SCANA and Dominion that the plaintiff claims is unfair to stockholders.

February 23, 2018 A proposed class action against MiMedx claims the company engaged in a “channel-stuffing” scheme to inflate revenue numbers not yet realized.

February 19, 2018 Kindred Healthcare, Inc. and its board of directors are on the receiving end of a proposed class action that alleges the defendants published a misleading proxy statement regarding a potential merger.

February 16, 2018 Kindred Healthcare, Inc. and its board of directors are facing a securities lawsuit filed by a stockholder who claims the parties failed to disclose material information in a proxy statement filed in connection with a proposed merger.

February 15, 2018 A class action lawsuit has been filed on behalf of anyone who acquired securities for Bristol-Myers Squibb Company between 1/27/15 and 10/9/16.

February 15, 2018 BitConnect faces another proposed class action claiming the cryptocurrency platform was no more than a Ponzi scheme through millions were stolen.

February 14, 2018 A whistleblower's revelations alleging improper revenue reporting are at the center of a proposed class action against medical device maker Obalon Therapeutics.

February 12, 2018 NQ Mobile Inc. and three executives are facing a securities lawsuit filed by a shareholder who claims the revelation of an allegedly shady business transaction caused the company’s stock prices to drop.

February 12, 2018 The case claims Equifax and its directors overstepped federal securities laws governing financial reporting and the company's concealment of the data breach.

February 9, 2018 Stanley Furniture Co. and its directors are the defendants in a case filed in connection with a proposed asset sale between Stanley and Churchill Downs.

February 9, 2018 Per a lawsuit, First Bank and its BoD violated securities laws by submitting an inaccurate registration statement for a proposed acquisition.

February 8, 2018 Advance Auto Parts, Inc., along with its CEO and CFO, is facing a proposed class action lawsuit filed by an investor who claims the defendants published misleading statements concerning the company’s financial outlook.

February 8, 2018 A proposed class action has been filed against Funko, Inc., its board of directors, and a group of eight underwriters over claims that the defendants published misleading statements in connection with Funko’s initial public offering.

February 8, 2018 The plaintiff claims Kindred Healthcare failed to disclose vital analyses and other details pertaining to a proposed merger.

February 7, 2018 Stone Energy Corporation, its board of directors, Sailfish Energy Holdings Corporation, and Talos Energy LLC are facing a proposed class action that accuses the defendants of misleading stockholders regarding a proposed merger.

February 5, 2018 A shareholder claims Snyder's-Lance submitted an incomplete, inaccurate proxy statement to the SEC for its proposed acquisition by Campbell's Soup Co.

January 31, 2018 Snyder’s-Lance, Inc. and its board of directors are facing another proposed class action lawsuit in North Carolina that accuses the parties of filing a misleading proxy statement concerning the company’s potential merger with Campbell Soup Company.

January 31, 2018 Snyder’s-Lance, Inc. and its board of directors, along with Campbell Soup Company and Twist Merger Sub, Inc., are facing a stockholder’s claims that the parties filed a misleading proxy statement regarding a potential merger.

January 30, 2018 Bitconnect faces another class action in which the plaintiff claims the shuttered cryptocurrency exchange/lending platform was no more than a Ponzi scheme.

January 26, 2018 Intel and its CEO and CFO face a securities suit filed over a dip in stock prices that followed news of the Meltdown and Spectre security flaws.

January 25, 2018 YuMe, Inc. and its board of directors have filed a solicitation statement regarding a potential merger with RhythmOne PLC that a proposed class action claims was misleading to stockholders.

January 25, 2018 Six plaintiffs claim now-shuttered cryptocurrency exchange Bitconnect and several recruiters ran a Ponzi scheme that robbed investors of billions.

January 23, 2018 Ignyta, Inc., its board of directors, Roche Holdings, Inc., and Abingdon Acquisition Corp. are facing a securities lawsuit that takes issue with a possibly misleading solicitation statement the defendants filed in connection with a potential merger.

January 19, 2018 Triangle Capital Corporation and three top executives are facing a proposed class action lawsuit that accuses the parties of publishing 'materially false and misleading statements' regarding the company’s financial outlook.

January 17, 2018 AMC, its top officers, and a group of under-writers face a securities case claiming shareholders were misled prior to a series of 2016/17 acquisitions.

January 11, 2018 A group of investors has filed a proposed class action lawsuit on behalf of all those who purchased investments from Woodbridge Group of Companies, LLC or its affiliates, claiming the companies’ business model was a Ponzi scheme destined for failure.

January 8, 2018 Acuity Brands, Inc., its CEO, and its CFO are on the receiving end of a proposed class action lawsuit filed by a stockholder who claims the parties misled him and other investors regarding the company’s future prospects.

January 5, 2018 General Cable Corporation and its board of directors are facing a securities lawsuit filed by a stockholder who claims the defendants filed a misleading proxy statement in connection with a potential merger.

January 4, 2018 Capitala Finance Corp. is facing a proposed class action along with its CEO and CFO that accuses the parties of misleading investors as to the company’s performance.

December 21, 2017 A securities lawsuit says Aqua Metals was not forthcoming about certain aspects of its water-based lead refining operation, hurting company stock prices.

December 20, 2017 A lawsuit claims Monkey Capital fraudulently induced investors into dumping money into its Initial Coin Offering before suspiciously postponing the event.

December 20, 2017 General Electric Company (GE) and four executives are facing a securities lawsuit that claims they failed to disclose material information to investors about the company’s financial performance and caused them to suffer injury when stock prices declined.

December 20, 2017 Chinese lending company Qudian Inc. and nine of its executives are facing a proposed class action lawsuit claiming the parties filed a misleading registration statement in connection with the company’s initial public offering.

December 19, 2017 Diana Containerships Inc., its CEO, CFO, and president are facing a proposed class action lawsuit alleging the defendants engaged in a series of stock transactions that effectively robbed shareholders of 99 percent of the value of their shares.