Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

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.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...