Class Action Litigation News

Rackspace faces securities class action

The cloud storage and management giant Rackspace Hosting and certain of its executives were recently named as defendants in a securities class action lawsuit alleging misrepresentation and failure to disclose certain information about its past business prospects.

Roche Holding faces securities class action over breast cancer drug

The Switzerland-based pharma company Roche Holding Ltd. was recently served with a securities class action lawsuit alleging the company and two of its executives made false or misleading statements, or failed to disclose certain information about its operations.

Securities class action suit filed against Zoompass

The mobile payments platform Zoompass Holdings and two of its executives were recently hit with a securities class action lawsuit alleging a number of false or misleading statements about the company's operations.

Securities class action suit filed against Snap Inc.

Snap Inc., the parent company behind the popular app Snapchat, was recently named as a defendant - along with two of its executives - in a securities class action lawsuit alleging the tech startup inflated its user growth.

BofI Holding faces securities class action suit

The holding company that controls the online financial institution BofI Federal Bank has been hit with a securities class action lawsuit alleging unlawful conduct and materially false or misleading statements that were likely to result in greater regulatory scrutiny.

Biotech firm BioAmber hit with securities class action suit

The bio-succinic acid manufacturer BioAmber Inc., was recently served with a securities class action lawsuit alleging that the company and certain of its executives made false or misleading statements about its operations and business.