October 13, 2017 Numerex Corp., members of its board of directors, Sierra Wireless, Inc., and Wireless Acquisition Sub, Inc. are facing a proposed securities class action that accuses them of omitting material information from a registration statement.
October 6, 2017 Tintri, Inc. and two of its top executive officers are facing a proposed class action alleging that they misled the investing public during Tintri’s initial public offering (IPO).
October 2, 2017 Health Insurance Innovations, Inc., its former and current chief executive officers, and its chief financial officer are facing a lawsuit alleging they failed to disclose to stockholders material information regarding the company's license to do business.
October 2, 2017 A proposed securities class action has been filed against Tech Data Corporation and two of the company’s top executives over claims that they failed to disclose material information to stockholders concerning the Tech Data's performance.
September 22, 2017 PharMerica Corporation, its board of directors, Phoenix Parent Holdings Inc., and Phoenix Merger Sub Inc. have been named as defendants in a securities lawsuit alleging they filed a misleading proxy statement in connection with a proposed merger.
September 21, 2017 Xenith Bankshares, Inc. and its board of directors are facing another lawsuit alleging they filed a misleading proxy statement in connection with a merger between Xenith and Union Bankshares Corporation.
September 19, 2017 MaxPoint Interactive, Inc. and its board of directors are facing a securities lawsuit after allegedly filing a misleading solicitation statement in connection with a proposed merger.
September 15, 2017 PharMerica Corporation and its board of directors are facing a lawsuit filed by a stockholder who claims the company issued a misleading proxy statement in connection with a merger between the company and affiliates of Kohlberg Kravis Roberts & Co. L.P.
September 15, 2017 Xenith Bankshares Inc., its board of directors, and Union Bankshares Corporation are facing a securities lawsuit filed by a Xenith shareholder who claims the defendants filed a misleading registration statement regarding a proposed merger.
September 15, 2017 Kite Pharma, Inc. and its board of directors are facing a proposed class action lawsuit claiming they published a misleading recommendation statement in connection with a potential merger between the company and a subsidiary of Gilead Sciences, Inc.
September 15, 2017 A lawsuit has been filed against Kite Pharma, Inc., its board of directors, Gilead Sciences, Inc., and Dodge Merger Sub, Inc. alleging the defendants issued a misleading registration statement regarding a proposed merger between Kite and Gilead.
September 11, 2017 A proposed class action has been filed against CDI Corp., its board of directors, Nova Intermediate Parent, LLC, and Nova Merger Sub, Inc. over allegations that they released a misleading recommendation statement in connection with a potential merger.
September 8, 2017 A proposed class action has been filed against First South Bancorp, Inc., its board of directors, and Carolina Financial Corporation over a stockholder’s concerns that they issued a misleading proxy statement in connection with a potential merger.
September 8, 2017 HSN, Inc. and its board of directors are facing a proposed class action filed by a stockholder over the company’s allegedly misleading proxy statement regarding a potential merger between HSN and Liberty Interactive Corporation.
September 7, 2017 Rayonier Advanced Materials, Inc. and two of its executive officers are defendants in a proposed class action lawsuit filed by a Rayonier stockholder who claims the defendants published misleading statements about the company’s business.
September 7, 2017 Endo International PLC and its board of directors are facing a proposed class action lawsuit alleging they misinformed the investing public about their reformulated opioid product that was purportedly resistant to abuse.
September 7, 2017 SciClone Pharmaceuticals, Inc., its board of directors, Silver Biotech Investment Limited, and Silver Delaware Investment Limited are the defendants in a proposed class action lawsuit alleging they misled investors regarding a proposed merger.
August 31, 2017 A stockholder has filed a proposed securities lawsuit against Dryships Inc., two of its chief officers, Kalani Investments Limited, and Murchinson Ltd. and an individual with control of the business.
August 31, 2017 ShoreTel, Inc., its board of directors, Shelby Acquisition Corporation, Mitel US Holdings, Inc. and Mitel Networks Corporation are facing a proposed securities class action over a proposed merger between ShoreTel and Shelby.
August 31, 2017 A CDI Corp. stockholder has filed suit against the company and its board of directors over allegations that it violated the Securities Exchange Act of 1934.
August 18, 2017 Sequans Communications S.A. and two chief officers are defendants in a proposed class action lawsuit alleging they violated federal securities law by misleading the investing public about their business process.
August 17, 2017 In the wake of a damning New York Times report, Envision Healthcare faces a lawsuit claiming it violated federal securities laws.
August 16, 2017 A stockholder has filed suit against Rocket Fuel Inc. and its board of directors over allegations that they failed to disclose to the public required information concerning a proposed merger between the company and Sizmek Inc.
August 14, 2017 HD Supply Holdings, Inc. is facing another proposed securities class action over allegedly making false and misleading statements.
August 11, 2017 GlobalSCAPE, Inc. and two of the company’s top executives are facing a securities lawsuit centered around their allegedly misleading statements regarding the company's 2016 fourth quarter results, which were later restated.
August 10, 2017 Rocket Fuel Inc. and its board of directors are facing a proposed class action lawsuit filed by a stockholder who claims they filed a misleading recommendation statement in connection with a merger between the company and Sizmek Inc.
August 8, 2017 Maximus, Inc. and three of the company’s senior executives are facing claims that they deceived the investing public with promises of success despite being aware that the company was struggling to perform on one of its key contracts.
August 8, 2017 The Advisory Board Company and two top executives are facing claims that they misled investors regarding the success of their acquisition of Royall & Company.
August 4, 2017 Rice Energy, Inc. and its board of directors have been accused of issuing a 'materially incomplete and misleading' registration statement in connection with a potential merger between the company and EQT Corporation.
August 4, 2017 WashingtonFirst Bankshares, Inc., members of its board of directors, Sandy Spring Bancorp, Inc., and subsidiary Touchdown Acquisition, Inc. are facing a proposed securities class action filed on behalf of WashingtonFirst stockholders.
July 31, 2017 Arconic Inc. and its board of directors are facing a proposed securities lawsuit that claims Arconic knowingly sold flammable wall cladding used in the remodeling of London's Grenfell Tower and is therefore liable for the building's deadly fire.
July 28, 2017 Allegedly 'incomplete and misleading' proxy statements are at the center of a securities lawsuit filed against boating/fishing supply retailer West Marine.
July 28, 2017 The acquisition of NCI, Inc. by H.I.G. Capital LLC is under fire in a proposed securities class action case filed in Virginia.
July 28, 2017 A proposed securities class action has been filed against Arconic in the wake of the June 14 Grenfell Tower fire in West London.
July 27, 2017 NCI, Inc. and its board of directors are the defendants in a proposed class action lawsuit alleging that the company and its executives issued a misleading recommendation statement to investors regarding a proposed merger with H.I.G. Capital, LLC.
July 27, 2017 Zebra Technologies Corporation and two executives are defendants in a proposed class action that claims they filed misleading statements regarding the company’s finances and understated the 'material weaknesses' they had inherited in an acquisition.
July 26, 2017 A stockholder has filed suit against PAREXEL International Corporation and its board of directors alleging that the defendants issued a misleading proxy statement in relation to a proposed merger with Pamplona Capital Management, LLP.
July 26, 2017 Capital Bank Financial Corp. and its board of directors are facing a proposed class action lawsuit for allegedly omitting information from a registration statement issued in connection with a potential merger.
July 26, 2017 ARI Network Services, Inc., its board of directors, True Wind Capital, L.P., and two affiliates are facing a proposed class action that claims they failed to disclose required information in a proxy statement.
July 25, 2017 MRV Communications, Inc., its board of directors, ADVA NA Holdings, Inc., and Golden Acquisition Corporation are facing claims that they failed to disclose to stockholders material information concerning a proposed acquisition of MRV by ADVA.
July 25, 2017 ARI Network Services, Inc. and its board of directors are the defendants in a proposed class action lawsuit that claims they misled stockholders in a proxy statement they issued regarding a proposed acquisition.
July 21, 2017 NCI Inc. and members of its board of directors have been named as defendants in a proposed class action lawsuit that claims they withheld material information from shareholders in their recommendation of a proposed acquisition of the company.
July 21, 2017 ASB Bancorp, Inc., its board of directors, and First Bancorp (FBNC) are defendants in a lawsuit that claims they failed to fully inform stockholders of necessary information related to a proposed merger between ASB and First Bancorp.
July 21, 2017 Capital Bank Financial Corp., its board of directors, First Horizon National Corporation, and Firestone Sub, Inc. are facing claims that they failed to disclose all the necessary information regarding a proposed merger.
July 19, 2017 ASB Bancorp. and its board of directors are in hot water, with a class action alleging the parties submitted incomplete information to the SEC.
July 19, 2017 A Whole Foods shareholder is the plaintiff in a proposed class action lawsuit filed in the aftermath of the grocer’s acquisition by Amazon.
July 19, 2017 Care Capital Properties faces more securities litigation in the wake of its proposed acquisition by Sabra Health Care REIT.
July 18, 2017 Tribune Media Company, its board of directors, Sinclair Broadcast Group, Inc., and Samson Merger Sub Inc. are facing another proposed class action lawsuit that accuses them of misleading stockholders in connection with a proposed merger.
July 18, 2017 A proposed class action lawsuit has been filed against Capital Bank Financial Corp. and its board of directors alleging that the defendants failed to disclose required information regarding a proposed merger with First Horizon National Corporation.
July 17, 2017 ASB Bancorp, Inc. and its board of directors are facing a proposed class action lawsuit that claims they failed to disclose necessary information regarding a proposed merger with First Bancorp.
