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Saturday, June 15, 2024 | 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.

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