Investors

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Novo Nordisk A/S (NVO) and Lead Plaintiff Deadline – March 13, 2017

Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Novo Nordisk A/S (“Novo” or the “Company”) (NYSE:NVO) and certain of its officers, and is on behalf of a class consisting of all persons or entities who purchased Novo American Depositary Receipts (“ADR”) between April 30, 2015 and October …


Supreme Court to Weigh Securities Class Action Timing Question

The U.S. Supreme Court on Friday agreed to resolve a legal dispute over whether certain securities class action lawsuits can be barred because they were filed too late. The justices agreed to hear an appeal filed by the California Public Employees’ Retirement System seeking to revive a lawsuit against various financial institutions over their alleged role …


INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Tenet Healthcare Corp. Of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 6, 2016

The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Tenet Healthcare Corp. (“Tenet Healthcare”) (NYSE:THC) between February 28, 2012 and October 3, 2016 . You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Central District of …


Exxon Faces Climate Disclosure Lawsuit

The world’s first shareholder-led lawsuit over alleged inadequate disclosures of climate risk has been filed against Exxon. ClientEarth thinks it could be the first of many such legal actions. The filing of the case, in the US, follows revelations in Exxon’s third quarterly financial reports that it may be forced to write down nearly 20% of its oil and gas assets (the equivalent of 3.6 billion …


Exxon Misled Investors About Climate Risks, Suit Says

ExxonMobil Corp. is misleading investors about the drop in its oil and gas reserves resulting from climate change risks and the decline in oil prices, according to a class action lawsuit filed in federal court ( Ramirez v. ExxonMobil Corp. , N.D. Tex., No. 16-cv-03111, complaint 11/7/16 ).


World Trade Center Lawsuit Unraveling as Trial Approaches

The increasingly bizarre litigation over the World Trade Center building appeared to quickly unravel Monday (Nov. 7) when neither the man behind the lawsuit nor any lawyers representing his company showed up in court to pursue the case. Two Canal Street Investors’ case against the city of New Orleans challenges the lease of the 33-story building to a Four Seasons hotel development team with …


Shareholder Class Action Filed Against Tyson Foods, Inc.

The shareholder class action complaint alleges that Tyson and certain of its executive officers made a series of false and misleading statements and/or failed to disclose material adverse information to investors during the Class Period, including the following: (i) Tyson systematically colluded with several of its industry peers to fix prices in the broiler-chicken market; (ii) the foregoing conduct constituted a violation of federal antitrust laws; and (iii) consequently, Tyson’s Chicken segment revenues during the class period were the result of illegal conduct. The complaint further alleges that, as a result of the foregoing, Tyson’s public statements during the Class Period to investors were …


Judge OKs $13.3 Million Jay Peak Settlement With Citibank

A federal judge has approved a $13.3 million settlement between a court-appointed receiver overseeing properties at the center of the largest alleged fraud case in the state’s history and a bank for one of the accused developers. “The settlement agreement was entered into in good faith, is at arm’s length, and is not collusive,” Judge Darrin P. Gayles wrote on Tuesday, after accepting the …


U.S. Judge Throws Out Madoff $3 Billion Feeder Fund Lawsuit

Jonathan Stempel| NEW YORK NEW YORK A U.S. judge has again thrown out a $3 billion lawsuit by investors in two “feeder funds” that sent money to Bernard Madoff, one of the largest lawsuits tied to his Ponzi scheme, after her original dismissal had been overturned. In a 145-page decision released on Thursday, U.S. District Judge Deborah Batts in Manhattan said the investors lacked standing to …


Class Action Lawsuit Against SolarCity Corp (NASDAQ:SCTY) Commences

SolarCity Corp (NASDAQ:SCTY) is facing accusations of violating federal securities laws, leading to losses for some of its investors. A class action lawsuit against the company has commenced in a U.S. District Court for the Northern District of California. Securities litigation law firm Brower Piven is representing the affected investors and search for the lead plaintiff in the class action …