Investors

Notices Apr 25, 2017

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Lion Biotechnologies, Inc. And Certain Officers – LBIO

Pomerantz LLP announces that a class action lawsuit has been filed against Lion Biotechnologies, Inc. (“Lion” or the “Company”) (NASDAQ:LBIO) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 17-cv-02188 is on behalf of a class consisting of investors who purchased or otherwise …

Class-Actions, Securities Apr 25, 2017

JPMorgan Stable Value Fund Lawsuit Gets Class Treatment

Thousands of workers who invested their retirement savings in JPMorgan’s stable value funds got approval to sue the company as a certified class (In re JPMorgan Stable Value Fund ERISA Litig., S.D.N.Y., No. 1:12-cv-02548-VSB, order unsealed 4/17/17 ). The lawsuit accuses JPMorgan Chase & Co. of mismanaging its stable value funds—which are meant to be conservative, low-risk options that protect …

Notices Apr 17, 2017

EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Alliance MMA, Inc. – AMMA

Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of purchasers of Alliance MMA, Inc. securities (AMMA) pursuant and/or traceable to Alliance MMA’s initial public offering on or about October 6, 2016. The lawsuit seeks to recover damages for Alliance MMA investors under the federal securities laws. To join …

Lawsuits, Settlements Apr 7, 2017

Vivendi Ends 15-Year U.S. Lawsuit Over Big Merger, to Pay $26.4 Million

Vivendi SA (VIV.PA) said it agreed to pay $26.4 million to end nearly 15 years of U.S. litigation accusing the French media company of misleading shareholders about its finances in connection with a $46 billion three-way merger. Thursday’s accord resolved claims that Vivendi and officials including former Chief Executive Jean-Marie Messier made false or …

News Mar 30, 2017

Bill Ackman’s Insider Trading Lawsuit May Cost Pershing Square Investors $75 Million

Heads I win, tails you lose… and then you lose some more. That seems to be the story surrounding Bill Ackman’s disastrous near $4 billion loss in Valeant Pharmaceuticals. Ackman’s pharmaceutical foray is mostly over after his hedge fund Pershing Square dumped all of its Valeant shares in mid-March at $11 apiece, or an over 90% loss, cementing one of Wall Street’s biggest-ever investment …

Notices Mar 27, 2017

SHAREHOLDER ALERT – Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Netflix, Inc. (NFLX) & Lead Plaintiff Deadline: May 1, 2017

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Netflix, Inc. (âNetflixâ or the âCompanyâ) (NASDAQ:NFLX) and certain of its officers, on behalf of shareholders who purchased Netflix securities between July 22, 2014 and October 15, 2014, both dates inclusive (the âClass …

Settlements Mar 16, 2017

Wells Fargo and Others Settle 9 Year Suit

Unionized workers and other individual and institutional investors a $165 million all-cash settlement on Wednesday in connection with losses from securities issued by, NovaStar Mortgage Inc, The Royal Bank of Scotland (RBS), Wells Fargo, and Deutsche Bank. This settlement will end the nine-year class action lawsuit if approved by the U.S. District Court. The class action lawsuit settled on …

Notices Mar 16, 2017

SHAREHOLDER ALERT: Goldberg Law PC Announces the Filing of a Class Action Lawsuit Against Netflix, Inc., and Advises Investors With Losses to Contact the Firm

Goldberg Law PC announces the filing of a class action lawsuit against Netflix, Inc. (“Netflix” or the “Company”) (Nasdaq: NFLX). Investors who purchased or otherwise acquired Netflix shares between July 22, 2014, and October 15, 2014, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 1, 2017 lead plaintiff deadline. If you …

Securities, Settlements Mar 16, 2017

KC-based Mortgage Lender NovaStar Agrees to $165 Million Settlement of Class-Action Suit

Investors have agreed to settle a nine-year class-action lawsuit against Kansas City-based NovaStar Mortgage Inc. and three Wall Street banks over investment losses tied to subprime mortgages. The settlement calls for a $165 million cash payment from NovaStar Mortgage, Royal Bank of Scotland, Wells Fargo and Deutsche Bank, according to a statement from the investors’ attorneys. All four had …