Action

Australia’s Major Banks Face U.S. Class Action Over Rate Rigging

Australia’s four biggest banks said on Thursday they were among 17 global lenders being sued by U.S. funds for alleged benchmark interest rate rigging, denying the claims and pledging to contest the action. The suit follows ongoing court action on the matter by Australian regulators, and comes amid increasing scrutiny by global watchdogs on potential market manipulation. Recent investigations …




INVESTOR NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against SunPower Corporation and Encourages Investors With Losses to Contact the Firm

Goldberg Law PC (the “Firm”) announces that a class action lawsuit has been filed against SunPower Corporation (“SunPower” or the “Company”) (Nasdaq: SPWR). Investors who purchased or otherwise acquired shares between February 17, 2016 and August 9, 2016 inclusive (the “Class Period”) are encouraged to contact the Firm in advance of the October 17, 2016 lead …


State Street Sees Double Whammy of Op Risk Losses

Megan van Ooyen is a senior associate business operations specialist in the OpRisk Global Data group at SAS in North Carolina It’s been two years since the peak of the regulatory fallout from residential mortgage-backed securities. Since then, regulatory fines and settlements, which tend to result in the largest operational risk losses for financial services firms, have largely settled down. …


Judge Rules No Class Action Against Chesapeake in PA Royalty Case

A landowner couple in Bradford County, PA, Edward and Kathleen Ostroski, filed a royalty lawsuit against Chesapeake Energy claiming Chesapeake was screwing them out of money by conducting “creative” accounting and deducting expenses that shouldn’t be deducted. Seems like there’s hardly a state where Chessy drills where someone …


INVESTOR NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against SolarCity Corporation and Encourages Investors With Losses to Contact the Firm

Goldberg Law PC (the “Firm”) announces that a class action lawsuit has been filed against SolarCity Corporation (“SolarCity” or the “Company”) (Nasdaq: SCTY). Investors who purchased or otherwise acquired shares between May 5, 2015 and February 9, 2016 inclusive (the “Class Period”) are encouraged to contact the Firm in advance of the October 14, 2016 lead …


INVESTOR NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against Flowers Foods, Inc. And Encourages Investors With Losses to Contact the Firm

Goldberg Law PC (the “Firm”) announces that a class action lawsuit has been filed against Flowers Foods, Inc. (“Flowers Foods” or the “Company”) (NYSE: FLO). Investors who purchased or otherwise acquired shares between February 7, 2013 and August 10, 2016 inclusive (the “Class Period”) are encouraged to contact the Firm in advance of the October 11, 2016 lead …



Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement of Trius Therapeutics, Inc. Securities Litigation

IF YOU HELD SHARES OF COMMON STOCK IN TRIUS THERAPEUTICS, INC. (“TRIUS”) AND RECEIVED CONSIDERATION FOR YOUR SHARES IN THE ACQUISITION OF TRIUS BY CUBIST PHARMACEUTICALS, INC. (“CUBIST PHARMACEUTICALS”) AND BRGO CORPORATION, A WHOLLY-OWNED SUBSIDIARY OF CUBIST PHARMACEUTICALS (“BRGO” AND TOGETHER WITH CUBIST PHARMACEUTICALS, “CUBIST”) AT THE PRICE OF $13.50 PER SHARE IN CASH AND ONE CONTINGENT VALUE RIGHT PER SHARE, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF A CLASS ACTION.