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Thursday, May 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Two shareholder class actions claim Dropbox misrepresented statements on its IPO, causing its share price to drop from $21 to $17.53. knocking $143.6 million off its market cap, in federal court.

SAN FRANCISCO — Shareholders claim in two federal class actions that Dropbox misrepresented statements on its IPO, causing its share price to drop from $21 to $17.53. knocking $143.6 million off its market cap.

Categories / Securities, Technology

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