A federal judge on Tuesday gave his final blessing to a $480 million deal to resolve claims that Wells Fargo misled investors about a costly sham accounts scandal that tarnished the bank’s reputation.
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Campbell Soup Company is facing a shareholder class action after the company racked up millions in operating losses in its
Read moreThe Ninth Circuit overturned a ruling in favor of Allied Nevada Gold in a securities class action, finding the company misled investors and falling gold prices alone were not enough to account for its plummeted stock.
Read moreA federal judge has signed off on a $35 million settlement with Facebook over claims that it misled shareholders in connection to a 2012 initial public offering. Lead class counsel at Bernstein Litoqitz and Labaton Sucharow are set to collect 25 percent of the settlement fund, plus more than $5 million to cover expenses and costs.
Read moreDirectors of Hortonworks are selling the cloud-platform and data-analysis company on the cheap through an unfair process to Cloudera, in a stock swap valued at $5.2 billion, shareholders claim in a federal class action.
Read moreA class of MoneyGram shareholders claims the company concealed its failure to implement an anti-fraud program for its money transfer system, causing stock prices to drop 49 percent, or $2.20 per share, when the Federal Trade Commission announced a $125 million settlement over its noncompliance.
Read moreRowan Companies shareholders brought a federal class action to protest the merger of the oil and gas driller with Ensco in an all-stock deal that will leave Ensco shareholders with 61 percent and Rowan shareholders with 39 percent of the combined company, whose estimated value will be $12 billion.
Read moreA shareholder class action challenges the sale of Pandora Media to Sirius XM Holdings in a 1:1.44 stock swap valued at $3.5 billion, in Alameda County Court.
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Shareholders are suing communications company Altice USA after the company’s June 2017 initial public offering documents touted the company’s “competitive
Read moreA federal shareholder class action claims directors are selling Sonic Corp. too cheaply through an unfair process to Arby’s parent Inspire Brands for $43.50 a share or $2.3 billion.
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(CN) – Investors claim in a class action that Toronto-based e-commerce cannabis company Namaste Technologies misled shareholders about the sale
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Shareholders claim in a class action against Irish automotive seating manufacturer Adient PLC that the company failed to disclose operational
Read moreA federal judge approved a $5.5 million settlement Friday to a shareholder class action against Leapfrog Enterprises, with $188,000 in attorneys’ fees and costs.
Read moreA pension plan claims in a federal class action the McKesson Corp. fixed prices on generic drugs, and its share price fell from $151.10 to $138.55 in a single day when its price-fixing scheme unraveled.
Read moreShareholders claim in a federal class action that directors are selling FCB Financial Holdings too cheaply through an unfair process to Synovus Corp., in a 1:1.055 share swap, a $2.9 billion deal.
Read moreShareholders claim in a federal class action that directors are selling the medical-device company K2M Group Holdings too cheaply through an unfair process to Stryker Corp., for $27.50 a share or $1.4 billion.
Read moreA shareholder class action claims that shares of Pinduoduo fell below its July IPO price of $19 (for a total of $1.6 billion) after China announced it was investigating the Chinese e-commerce company for selling counterfeit goods and violating copyright.
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Essendant Inc. faces a class action from investors after terminating a merger agreement with Genuine Parts Co. in favour of an offer from Staples.
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