Updates to our Terms of Use

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

Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Directors of the online retailer Wayfair sold shares for $87.7 million at prices inflated by false and misleading statements, after which the share price sank by $14, shareholders say in a federal class action.

BOSTON — Directors of the online retailer Wayfair sold shares for $87.7 million at prices inflated by false and misleading statements, after which the share price sank by $14, shareholders say in a federal class action.

Categories / Consumers, Financial, Securities

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...