Corporation


ALERT: Rowley Law PLLC Is Investigating Proposed Acquisition of PHH Corporation

Rowley Law PLLC is investigating potential claims against PHH Corporation (NYSE: PHH) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Ocwen Financial Corporation. Stockholders will receive $11.00 for each share of PHH Corporation stock that they hold. The transaction is valued at approximately …


Lawsuit Alleging Rigged Lottery Moves From St. Clair to Federal Court

A class-action lawsuit alleging an Illinois lottery company defrauded players and businesses has moved from St. Clair County courts to federal court. The lawsuit, filed in February in St. Clair County, accuses Northstar Lottery Group of manipulating the number of winning tickets available for purchase and discontinuing scratch-off games before large payouts, depriving customers from jackpots. …


New Jersey Supreme Court Issues Ruling in $500M Contamination Lawsuit

The New Jersey Supreme Court has ruled in favor of Givaudan Fragrances Corporation (Fragrances) in a $500 million insurance coverage lawsuit against Aetna Casualty & Surety Company and additional insurers named as defendants. The move affirms that New Jersey policyholders do not lose coverage when a company restructures, as an anti-assignment clause is not a barrier to the post-loss assignment …


Valeant Pharmaceuticals (VRX) Proposes Class-Action Lawsuit on Relationship With Specialty Mail-Order Pharmacy

Valeant Pharmaceuticals International, Inc. (NYSE:VRX) was amid the mix trends movers as shares knock down -1.88% to $30.25. Two groups filed a suit Valeant Pharmaceuticals International Inc. in a proposed class-action court case Monday, claiming the firm’s relationship with specialty mail-order pharmacy Philidor Rx Services was illegal and allowed Valeant to overcharge and wrongly charge for …


Private Prison Giant CCA Accused of “False and Misleading Statements”

A shareholder class action lawsuit was filed Wednesday against Corrections Corporation of America, a private prison company that was the subject of a recent Mother Jones investigation. Last week, the Department of Justice announced it would work to end its private prison contracts. The shareholders allege that CCA and its executive officers made false or misleading statements that put the …


SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Corrections Corporation of America (CXW) & Lead Plaintiff Deadline: October 24, 2016

Corrections Corporation, founded in Nashville Tennessee, owns, operates and manages private correctional and detention facilities in the United States. The company also provides inmate residential and prisoner transportation services for governmental agencies. The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding Corrections …