STAAR Surgical Company Securities Litigation

On January 5, 2017 the Honorable Michael W. Fitzgerald of the United States District Court for the Central District of California certified a class of investors who purchased or otherwise acquired STAAR Surgical Company common stock between November 1, 2013 and June 30, 2014. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided an expert report about market efficiency. Additional information is available here.

Urban Outfitters, Inc. Securities Litigation

On June 8, 2016, parties in the Urban Outfitters, Inc. securities litigation reached an agreement to settle the case.  Plaintiffs alleged that Urban Outfitters, Inc. made misstatements regarding its sales trends. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert reports about market efficiency. Additional information is available here.

Intercept Pharmaceuticals Inc. Securities Litigation

On 6 May 2016, parties in the Intercept Pharmaceuticals Inc. securities litigation reached an agreement to settle the case.  Plaintiffs alleged that Intercept made misstatements and omissions in connection with the negative effects of its lead drug, obeticholic acid.  Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert reports and deposition testimony about market efficiency. Additional information is available here.

Vocera Communications Inc. Securities Litigation

On 4 March 2016, parties in the Vocera Communications Inc. securities litigation reached an agreement to settle the case.  Plaintiffs alleged that Vocera made misstatements and omissions in connection with the effects of healthcare reform on its business.  Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert reports and deposition testimony about market efficiency. Additional information is available here.

Groupon Securities Litigation

On February 12, 2016, parties in the Groupon, Inc. securities litigation reached an agreement to settle the case.  Plaintiffs alleged that Groupon, Inc. made misrepresentations and omissions regarding its accounting practices and internal controls. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert reports about market efficiency and loss causation and damages. Additional information is available here.