Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against U.S. Physical Therapy, Inc. (“U.S. Physical Therapy” or the “Company”) (NYSE: USPH) and certain of its officers, on behalf of shareholders who purchased U.S. …
Harry Shearer, increasingly the sonorous voice of protest in various contract disputes, is suing the entertainment groups Vivendi and StudioCanal for $125 million , over profits he says he was cheated out of for This Is Spinal Tap . Shearer played Derek Smalls, bassist and self-described “lukewarm water,” in the 1984 metal mockumentary, which was based on characters he, Christopher Guest, and …
A US JUDGE has given the go-ahead for a $1bn lawsuit against PwC over claims the firm provided bad accounting advice which contributed to the 2011 collapse of MF Global. MF Global and its parent company, MF Global Holdings Ltd, collapsed in October 2011 after investors left the firm on learning about risky bets on sovereign debt taken by former chairman and New Jersey Senator Jon Corzine. In a …
Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed against Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL). Investors who purchased or otherwise acquired shares between September 16, 2015 and June 1, 2016 (the “Class Period”) are encouraged to contact the firm in advance of the August 1, 2016 lead plaintiff …
The lure of the NFL was just too much for Inglewood, a former city employee charges in a federal lawsuit. Barbara Ohno, Inglewood’s former budget and accounting manager, claims that the future home of the Los Angeles Rams massaged its accounting books to mask its financial problems. In the complaint, Ohno says that Mayor James T. Butts ordered employees to “create a facade of financial …
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against comScore, Inc. (SCOR) and Lead Plaintiff. Bronstein, Gewirtz & Grossman, LLC, reminds investors of class action against comScore, Inc. (“comScore” or the …
Accounting and financial disclosure issues are increasingly becoming the focus of litigation – both with the Securities and Exchange Commission (SEC) and the plaintiffs’ class action bar – according to recent pronouncements from the SEC and a leading research firm that tracks securities class actions. Last week, the SEC announced two financial fraud cases against …
Accounting-related securities class action filings hit a four-year high in 2015, a new Cornerstone Research report found. According to the April 19 report, 71 securities class actions involving accounting allegations were filed during the year, compared to the 69 cases seen in 2014 and the 10-year average of 67 filings. The report said the increase represented “a return to the more …
A new report from Cornerstone Research indicates that securities class-action filings with accounting allegations rose for the third consecutive year. According to Accounting Class Action Filings and Settlements – 2015 Review and Analysis, the 71 filings last year exceeded the average over the past decade of 67 filings. There were 69 accounting-related case filings in 2014.