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Wednesday, April 24, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Caraco Pharmaceuticals withheld information about FDA recalls and other problems, and its share price plunged from $10.17 to $2.39 when the truth came out, shareholders say in Detroit Federal Court.

Bare Escentuals inflated its share price through false and misleading statements, shareholders say in San Francisco Federal Court.

Shareholders say MSC Software is selling itself too cheaply to Maximus Holdings, for $7.63 a share, or $360 million in Orange County Court, Calif.

Kenexa Corp. inflated its share price by withholding information about its financial condition, shareholders say in Philadelphia Federal Court.

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