A participant in the Seventy Seven Energy Inc. Retirement & Savings Plan has filed a lawsuit on behalf of the plan and a class of similarly situated participants in the plan against the 401(k) Fiduciary Committee, other plan fiduciaries, as well as Delaware Charter Guarantee & Trust Company d/b/a Principal Trust Company. The lawsuit alleges that Committee Defendants and Principal Trust …
Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the Western District of North Carolina on behalf of holders of FairPoint Communications, Inc. (“FairPoint”) (NASDAQ:FRP) common stock in connection with the proposed acquisition of FairPoint by …
Glancy Prongay & Murray LLP (“GPM”) announces that it has filed a class action lawsuit in the United States District Court for the Eastern District of New York on behalf of a class (the “Class”) consisting of persons and entities that acquired Cemtrex, Inc. (“Cemtrex” or the “Company”) (NASDAQ: CETX) securities between February 11, 2016 and February 22, 2017, …
Shareholder rights law firm Johnson & Weaver, LLP announces that a shareholder class action lawsuit has been filed against RH (formerly known as Restoration Hardware) (NYSE: RH) on behalf of purchasers of stock between March 26, 2015 and June 8, 2016, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for of RH investors under the federal securities laws. The …
Abraham, Fruchter & Twersky, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York against Allergan plc (“Allergan”) and certain of its current or former officers. The case is titled Rosenberg v. Allergan PLC, et al. , No. …
Facebook CEO Mark Zuckerberg has considered plans to go into government, according to court documents seen by Bloomberg . The documents were filed as part of a shareholder lawsuit accusing Facebook’s board of failing to represent the best interests of those holding Facebook’s common stock.
Xerox Corporation (NYSE:XRX) [ Trend Analysis ], stock moved down around -0.21% in early session as its gaining volume of 25.8 Million. Khang&Khang LLP released that a class action lawsuit against Xerox Corporation (XRX). Investors who purchased or otherwise acquired shares between April 23, 2012 and October 23, 2015 inclusive, are encouraged to contact the Firm in advance of the December 23, …
AmpliPhi Biosciences Corporation (NYSEMKT:APHB), a biotechnology company focused on the development and commercialization of novel bacteriophage-based antibacterial therapeutics, today announced the settlement of its pending lawsuit with NRM VII Holdings I, LLC (“NRM”). The lawsuit relates to a complaint filed by NRM against AmpliPhi and the members of its board of …
Twitter is being sued by a shareholder over claims that it misled investors about its prospects for growth. Doris Shenwick has accused the company of making false statements about the company’s predicted user count and user engagement levels, causing wild fluctuations in Twitter’s stock prices. Shenwick claims Twitter executives misled investors in November 2014 when they promised an increase …
Just when you thought Chipotle Mexican Grill Inc (CMG) might be getting back on track, a politician calls for an investigation into allegations of wage theft by the restaurant. Rosa DeLauro, a Democratic representative from Connecticut, is trying to convince the U.S. Labor Department to investigate Chipotle after a class-action lawsuit was filed in Colorado. The lawsuit claims Chipotle …