Class Action Litigation News

Financial Times – Legal Services Start-ups Target Lawyers’ Paperwork

By Barney Thompson, Legal Correspondent This article can be found on Financial Times website here. Lawyers of a certain type spend laborious hours looking for bad news — ideally in the form of investors who have suffered losses combined with a reason to sue. How much more efficient would it be, th

Forterra, others served with shareholder class action lawsuit

The water and drainage pipe manufacturer Forterra, Inc., has been named as a defendant in a securities class action lawsuit which alleges a number of failed disclosures or inaccurate statements ahead of its initial public offering.

Bloomberg Markets – Currency-Rigging Scandal Leaves $2 Billion Up for Grabs

By Lananh Nguyen September 12, 2017, 9:06 AM EDT This article can be found on Bloomberg Markets website here. Currency investors risk leaving money on the table if they don’t submit claims on a $2.1 billion pot of settlement money paid by banks accused of rigging foreign-exchange rates. That’s t

Shareholder class action filed against Sequans Communications

The wireless communications semiconductor chip developer Sequans Communications as well as two of its executives were recently named as defendants in a shareholder class action suit alleging a number of misleading statements and failed disclosures.

Tableau faces shareholder class action after missed expectations

The business analytics firm Tableau Software and two of its executives were recently named as defendants in a securities class action lawsuit stemming from allegations that the company failed to disclose it was on pace to miss earnings expectations.

Shareholder class action filed against TechnipFMC, two executives

The oil and gas technology provider TechnipFMC and two of its executives were recently named as defendants in a shareholder class action lawsuit, alleging the company failed to disclose a number of material weaknesses in its internal operations that led to inaccurate financial reporting.

Axiom Holdings faces shareholder class action suit over failed merger

The multi-faceted Hong Kong-based company Axiom Holdings and its chief executive officer were recently named as defendants in a securities class action lawsuit that alleged that the company did not have proper control over the processes behind a planned - and eventually failed - merger.

Sinovac, executives named defendants in shareholder class action suit

The Chinese biotech firm Sinovac and three of its executives were recently named as defendants in a securities class action lawsuit alleging the company made false or misleading statements and did not reveal certain adverse actions that would affect its operations.