Class Action Litigation News

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.

Sito Mobile faces securities class action over ad revenues

The mobile advertising platform Sito Mobile, which targets ads at users based on their location, is facing a securities class action lawsuit because it allegedly failed to hit revenue goals due in part to the U.S. presidential election.

Securities class action suit filed against USANA

The nutritional products manufacturer USANA Health Sciences was recently served with a securities class action suit alleging misconduct among both its executives and the company itself.

Securities class action against Natus Medical moving forward

A securities class action lawsuit has been filed against the newborn care and neurology products manufacturer Natus Medical stemming from allegations of the company failing to disclose issues related to its dealings with the Venezuelan government.

Securities class action lawsuit arrives for Yahoo

In the wake of two high-profile data breaches, the web giant Yahoo has been served with a securities class action suit alleging the company made a number of false or misleading statements.

Securities class action suit filed against Innocoll Holdings

The medical device and pharma company Innocoll Holdings was recently hit with a securities class action suit stemming from allegations that one of its filings with the U.S. Food and Drug Administration was not complete, and would not be approved.