Blue Apron just can’t catch a break. The cooking kit company has seen its share price nearly cut in half since its late June IPO and now it could be in legal trouble, too. Now law firms are coming after the company with proposed class-action lawsuits, alleging that Blue Apron failed to adequately disclose material information.
Renaud Laplanche stepped down last Friday, the online lender announced today. According to an internal investigation, Laplanche had improperly managed $22 million in loan sale agreements in March and April. Three additional senior executives resigned or were fired.
Pomerantz LLP announces that a class action lawsuit has been filed against Sunrun Inc. (“Sunrun” or the “Company”) (NASDAQ:RUN) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 16-cv-02480, is on behalf of a class …
VCs have pumped up the value of the “unicorn” startups. Now tech IPOs are in trouble. Good luck getting out.
PARIS A U.S. law firm has filed a class action lawsuit against Cnova, the e-commerce arm of French retailer Casino, alleging violations of securities laws in connection with its November 2014 initial public offering (IPO). The complaint filed by Glancy Prongay & Murray LLP on behalf of investors in a New York district court alleges Cnova failed to disclose its true situation in Brazil at the …