Securities

Moore Stephens Wins Key Ruling on Audit Opinions

Moore Stephens’ Hong Kong firm won a victory in a New York federal appeals court on a case that could have a far-reaching impact on class-action lawsuits involving audit reports. The U.S. Court of Appeals for the Second Circuit affirmed last Friday prior rulings in a securities class-action lawsuit against Moore Stephens Hong Kong for its audits of Puda Coal, a publicly traded, U.S.-listed …






Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Intrexon Corporation (XON) and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who acquired Intrexon Corporation (XON) securities between May 12, 2015 and April 20, 2016 (the “Class Period”). According to the lawsuit, Intrexon issued false and misleading …


Accounting-Based Class Suits, Settlements Reach New Highs

Accounting-related securities class action filings hit a four-year high in 2015, a new Cornerstone Research report found. According to the April 19 report, 71 securities class actions involving accounting allegations were filed during the year, compared to the 69 cases seen in 2014 and the 10-year average of 67 filings. The report said the increase represented “a return to the more …


Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Horsehead Holding Corp. To Contact Brower Piven Before the Lead Plaintiff Deadline in Class Action Lawsuit – ZINC

The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the District of Delaware on behalf of purchasers of Horsehead Holding Corp. (Nasdaq:ZINC) …


Accounting Class-Action Filings Rose Again in 2015

A new report from Cornerstone Research indicates that securities class-action filings with accounting allegations rose for the third consecutive year. According to Accounting Class Action Filings and Settlements – 2015 Review and Analysis, the 71 filings last year exceeded the average over the past decade of 67 filings. There were 69 accounting-related case filings in 2014.