Statements

SolarCity Corp Facing Class-Action Securities Lawsuit

SolarCity has landed in legal trouble as a class-action lawsuit has been filed against it in the U.S. District Court for the Northern District of California on behalf of a class consisting of persons and entities that acquired its securities between May 5, 2015, and February 9, 2016, announced the Wagner Firm, which filed the lawsuit. Anyone who is a member of the class described above and …


SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against RiT Technologies Ltd. And Encourages Investors With Losses to Contact the Firm

Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed against RiT Technologies Ltd. (“RiT” or the “Company”) (Nasdaq: RITT). Investors who purchased or otherwise acquired shares between March 3, 2015 and July 1, 2016 (the “Class Period”) are encouraged to contact the firm in advance of the September 26, 2016 lead plaintiff …



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 …


Spotify, NMPA Accused of Concerted Effort to Taint Class Pool

In a putative class action alleging widespread copyright infringement commenced in December 2015 against Spotify, Plaintiff, the lead singer for the bands Cracker and Camper Van Beethoven, recently moved pursuant to Federal Rule of Civil Procedure 26(d) to monitor — and possibly prevent — Spotify USA, Inc. (“Spotify”) from engaging in communications with individuals who …


Second Circuit Revives Shareholders’ Class Action Lawsuit Against Pfizer

The U.S. Court of Appeals for the Second Circuit has resurrected a class action lawsuit filed by Pfizer Inc. shareholders who allege the drug maker misled them about certain pain-relieving drugs and, in turn, cost them billions. In its April 12 decision, the federal appeals court vacated the judgment of the U.S. District Court for the Southern District of New …