Jonathan Stempel| NEW YORK NEW YORK HSBC Holdings Plc on Thursday won the dismissal of a lawsuit by former Bernard Madoff customers who accused the British bank of fuelling his massive Ponzi scheme by ignoring red flags and encouraging “feeder funds” to invest with him. U.S. District Judge Laura Taylor Swain in Manhattan said a federal law governing securities fraud cases prevented the …
September 15, 2016 19:01 ET | Source: Pomerantz LLP NEW YORK, Sept. 15, 2016 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against LifeVantage Corporation (“LifeVantage” or the “Company”) (NASDAQ:LFVN) and certain of its officers. The class action, filed in United States District Court, District of Utah, is on behalf of a class consisting of all persons …
The complaint charges Joy Global, its Board and Komatsu with breaches of fiduciary duty, aiding and abetting breaches of fiduciary duty and/or violations of the Securities Exchange Act of 1934 (“1934 Act”) arising out of defendants’ efforts to complete the sale of Joy Global to Komatsu pursuant to an unfair process and for an unfair price (the “Proposed Acquisition”). Joy Global is a leading …
WILMINGTON, Del., Sept. 06, 2016 — Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, announces that a securities fraud class action lawsuit has been filed by another law firm on behalf of shareholders of Power Solutions International, Inc. (NASDAQ:PSIX) (“Power Solutions” or the “Company”) for possible corporate misconduct and …
The complaint charges PCC and certain of its current and/or former directors with violations of the Securities Exchange Act of 1934 (“1934 Act”). PCC produced investment castings, forgings and fasteners for aerospace, power and general industrial customers. On August 10, 2015, PCC and Berkshire jointly announced that they had entered into a definitive merger agreement, whereby Berkshire …
Rosen Law Firm, a global investor rights law firm, announces that a class action lawsuit has been filed on behalf of purchasers of Signet Jewelers Limited securities (NYSE: SIG) from January 7, 2016 through June 3, 2016, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Signet investors under the federal securities laws. To join the Signet class …
The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Yirendai Ltd. (NYSE:YRD) between May 11, 2016 and August 24, 2016. You are hereby notified that a securities class action ;has commenced in the USDC for the Central District of California. If you purchased or …
Pomerantz LLP announces that a class action lawsuit has been filed against American Renal Associates Holdings, Inc. (“American Renal” or the “Company”) (ARA) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 16-cv-06841, is on behalf of a class consisting of all …
After weeks of testimony in the lawsuit against MetLife and its subsidiary, attorneys delivered their closing arguments and handed the case over to the jury for deliberation, rehashing the facts and pleading for justice. Christine Ramirez brought the suit to recover her life savings, which she invested in a real estate investment fund that promised high returns. She learned about …
The Shareholders Foundation, Inc. announces that a lawsuit was filed in New York on behalf of certain purchasers of shares of Northern Oil & Gas, Inc. (NYSEMKT:NOG) over alleged Securities Laws Violations by Northern Oil and Gas, Inc. The lawsuit seeks to recover damages for certain (NYSEMKT:NOG) investors. Investors who purchased shares of Northern Oil & Gas, Inc. …