Class Claims Ballard Overhyped Electric Bus Project in China

Shareholders claim in a class action that fuel-cell maker Ballard Power Systems overstated the number of its electric buses operational in China and misled investors about the viability of future business opportunities, causing its share price to fall 20 percent on the news.

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Funko Inc. Sued After Post-IPO Drop in Stock Price Due to Funky Accounting Practices

After raising more than $100 million in its initial public offering, pop culture product maker Funko Inc. is being sued for allegedly filing misleading registration statements with the Securities Exchange Commission in connection with its IPO.

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Class Claims Tersaro Stock Plunged After Revealing Cancer Drug’s Risks

Shareholders of biopharmaceutical company Tesaro Inc. claim in a class action that the company covered up health risks associated with a cancer drug until forced by the U.S. Food and Drug Administration to report the drug’s serious adverse effects.

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Second Circuit Sends Goldman Sachs Investors Back to the Drawing Board

Investors must refile for class certification in a suit accusing Goldman Sachs of putting favored clients’ interests ahead of others’, because the lower court may have imposed the wrong burden of proof on the bank, the Second Circuit ruled.

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