Wednesday, May 31, 2023 | Back issues
Courthouse News Service Courthouse News Service

Fitbit Denied

SAN FRANCISCO — A federal judge Wednesday denied Fitbit's request to dismiss a class action shareholders complaint that it misrepresented its fitness tracking devices during its May 2015 IPO, which raised $416 million; the share price fell from $30.96 to $13.99 this year.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading...