July 26, 2019 Del Frisco’s Restaurant Group, Inc. and several of the company’s directors are facing a proposed securities class action over a stockholder’s concerns regarding a potential merger with equity firm L Catterton.
July 23, 2019 Netflix and its CEO and CFO are the defendants in a class action filed over allegedly false and misleading statements pertaining to Q2 2019 subscriber growth that missed expectations.
July 19, 2019 A proposed class action has been filed over financial projections and other details allegedly left out of a Barnes & Noble solicitation/recommendation statement submitted to the SEC.
July 16, 2019 A proposed class action filed against Reckitt Benckiser Group PLC and four executives claims the consumer goods conglomerate misled shareholders about the safety of two opioid addiction treatments.
April 26, 2019 U.S. Steel and its top brass face allegations of fraud stemming from the implementation of the "Carnegie Way," a process purportedly aimed at getting the co. back to profitability.
April 26, 2019 Boston Scientific faces a securities class action in the wake of the FDA's order for companies to stop selling dangerous transvaginal mesh products.
April 23, 2019 A proposed securities class action has been filed against Sprint Corporation over alleged misstatements made by the telecommunications company in a January 2019 SEC filing.
April 15, 2019 A proposed class action lawsuit has been filed in Georgia over an allegedly misleading registration statement issued in connection with a potential $66 billion merger between SunTrust Banks, Inc. and BB&T Corporation.
April 9, 2019 A class action takes issue with a proxy statement submitted by Boeing to the SEC that allegedly made no mention of the two recent 737 Max 8 plane crashes.
March 15, 2019 In a proposed class action lawsuit out of New York federal court, a NIO Inc. shareholder alleges the electric car maker and its CEO and CFO deceived investors by misrepresenting the company’s business prospects and financial health.
March 7, 2019 A lawsuit alleges that Maxwell Technologies failed to provide material information to stockholders regarding a potential acquisition by Tesla.
March 7, 2019 Activision Blizzard, Inc. and its top executives are facing a lawsuit in which a shareholder alleges the video game developer failed to warn investors that its long-time partnership with Bungie, with whom it released the Destiny franchise, was ending.
February 28, 2019 Kraft Heinz and 3G Capital face a class action suit after news of an SEC subpoena over an accounting investigation allegedly caused a stock drop of more than 27.5 percent.
January 28, 2019 Brazilian iron miner Vale is staring down a proposed class action filed by shareholders after stock prices plummeted in the wake of a fatal dam burst.
January 4, 2019 Three plaintiffs allege in a class action that preorders offered by Obselisk and its parent company for SC1 and DCR1 cryptocurrency mining appliances were nothing more than a scheme to raise millions of dollars through the sale of unregistered securities.
January 3, 2019 A proposed class action was filed against Nano (formerly known as RaiBlocks) and several others after the cryptocurrency exchange known as BitGrail "lost" approximately 15 million XRB, a cryptocurrency developed by Nano.
January 2, 2019 Nvidia Corporation and its CEO and CFO face a proposed class action filed on behalf of stockholders who the suit says were deceived by allegedly misleading statements concerning Nvidia’s involvement in the cryptocurrency market.
December 27, 2018 A lawsuit claims that Newfield Exploration Company misled stockholders concerning a potential $5.5 billion acquisition by Encana Corporation.
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December 12, 2018 Nissan Motor Co., Ltd. is among the defendants in a proposed class action that claims the auto manufacturer deceived investors by understating the amount of compensation it paid recently arrested former CEO Carlos Ghosn over the past decade.
November 20, 2018 A recent merger agreement between Pandora Media, Inc. and Sirius XM Holdings Inc. is the subject of a lawsuit filed by a stockholder who claims the music streaming giant failed to adequately disclose certain details of the potential transaction.
![India Globalization Capital Facing Securities Lawsuit After Being Delisted from NYSE [UPDATE]](/media/newswire-thumb-india-globalization-capital.png)
November 9, 2018 A proposed class action filed against India Globalization Capital and two top executives claims the parties' misleading statements regarding their business caused investors to be blindsided when the company was delisted from the NYSE American.
November 7, 2018 A Costco common stockholder alleges the retailer and its CEO and CFO deceived shareholders into purchasing securities at artificially inflated prices.
November 5, 2018 A class action against Walgreens Boots Alliance and two execs looks to cover those who bought Rite Aid Corporation common stock between October 20, 2016, and June 28, 2017.
October 24, 2018 Sprint Corporation and its board of directors are facing a proposed securities lawsuit filed over a registration statement the communications company issued to garner shareholder support for a proposed merger with T-Mobile US, Inc.
October 18, 2018 Foot Locker and its board of directors face legal action stemming from their alleges failure to fully recognize and disclose threats to the retailer's business.
August 16, 2018 Helios and Matheson Analytics faces a lawsuit filed in the wake of a shift in MoviePass's subscription model that's being blamed for a sharp drop in share prices.
August 13, 2018 A perhaps ill-advised tweet sent on August 7 by Elon Musk has landed the Tesla CEO and the company in the crosshairs of a proposed class action lawsuit.
July 10, 2018 A securities class action against Twenty-First Century Fox and its bd. of directors aims to halt the company's $71.3 billion acquisition by Disney.
July 5, 2018 A proposed class action claims Vectren Corporation and its board of directors filed a misleading proxy statement through which the defendants attempted to solicit shareholder votes in support of a proposed merger with CenterPoint Energy, Inc.
July 5, 2018 Vectren Corporation and its board of directors are facing a lawsuit over a potentially misleading proxy statement the defendants filed in connection with a proposed merger.
June 13, 2018 Financial Engines, Inc. and its board of directors are facing a stockholder’s claims that the company filed a misleading proxy statement to gain shareholder support of a proposed merger.
June 8, 2018 A class action looks for answers after Qualcomm stock fell substantially upon news that it secretly reached out to the CFIUS with regard to Broadcom's attempt to buy the company.
May 24, 2018 A proposed class action against PHH Corporation takes issue with an allegedly misleading proxy statement the company filed in connection with a proposed merger.
May 18, 2018 Mattersight Corporation and its board of directors are facing a proposed class action lawsuit that argues the defendants didn’t disclose to stockholders required information when recommending their support of a potential merger with NICE Ltd.
May 17, 2018 The Finish Line, Inc. and its board of directors have been named in a proposed class action that takes issue with a supposedly misleading proxy statement filed in connection with a potential merger between the company and JD Sports Fashion plc.
May 8, 2018 The suit seeks to represent investors who bought Ripple Labs' XRP tokens through what the plaintiff calls a 'never-ending' ICO that may violate fed. securities law.
April 27, 2018 Columbia Pipeline Group, Inc. is facing a proposed class action over a merger with TransCanada Corporation that closed in July 2016.
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.
