In Re Longfin Corp. Securities Class Action Litigation
Plaintiff in this matter alleged that the Company was engaged in a fraudulent and manipulative scheme, concealed by misrepresentations and omissions, which enabled the Company to inappropriately register shares, benefit from the sale of those shares, and qualify for trading on the NASDAQ, among other things. Crowninshield Financial Research provided expert analysis demonstrating that the […]
MedMen Securities Litigation
June 17, 2020. MedMen announced that it had reached a settlement with claimants in the amount of 24 million shares (Superior Court of California, County of Los Angeles). Claimants filed a civil petition alleging that MedMen’s co‑founders exploited nearly complete control over the company and its subsidiaries to enrich themselves at the expense of shareholders. […]
Community Health Systems Securities Litigation
June 22, 2020. The Court in the Community Health Systems securities matter (Middle District of Tennessee) approved a class action settlement in the amount of $53 million. Plaintiff alleged that Community Health Systems’ financial results were artificially inflated due to it systematically overcharging Medicare for hospital services. Professor Steven Feinstein of Babson College and Crowninshield […]
RH Securities Litigation
October 11, 2018. The Court in the RH Inc., Securities matter certified a class of common stock investors. Plaintiffs had alleged that the RH Inc. (f/k/a Restoration Hardware, Inc.) made material misrepresentations that the Company had sufficient inventory levels for its RH Modern product launch. Professor Steven Feinstein of Babson College and Crowninshield Financial Research […]
The Southern Company Securities Litigation
On August 22, 2019, the Court in The Southern Company Securities matter certified a class of common stock investors.
Eletrobras Securities Litigation
December 12,2018. The Court in the Eletrobras securities matter (Southern District of New York) approved a class action settlement in the amount of 14.75 million. Plaintiffs alleged that Eletrobras had been involved in bribery and corruption scheme that reached the highest levels of the company Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert […]
Emergent Biosolutions, Inc. Securities Litigation
On June 8, 2018 the Honorable Roger W. Titus certified a class of investors who purchased or otherwise acquired Emergent Biosolutions, Inc. common stock.
Marvell Technology Group, Ltd. Securities Litigation
The United States District Court for the Northern District of California certified a class of investors who purchased or otherwise acquired Marvell Technology Group, Ltd. common stock.
Silver Wheaton Corp. Securities Litigation
On May 13, 2017 the United States District Court for the Central District of California certified a class of investors who purchased or otherwise acquired Silver Wheaton Corp. common stock from March 30, 2011 through July 6, 2015.
STAAR Surgical Company Securities Litigation
The United States District Court for the Central District of California certified a class of investors who purchased or otherwise acquired STAAR common stock.
