Thursday, March 23, 2023 | Back issues
Courthouse News Service Courthouse News Service

Shareholders Sue Fitbit

REDWOOD CITY, Calif. — Directors of Fitbit and underwriters raised $732 million at $20 a share through errors and omissions, and when the truth emerged the IPO price dropped to less than $12, a class action claims in San Mateo County Court.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.