Sociedad Química y Minera Securities Litigation
April 26, 2021. The Court approved a $62.5 million settlement to end a securities class action lawsuit that was brought against SQM in the U.S. District Court for the Southern District of New York. Plaintiffs alleged, among other things, that SQM issued materially false and misleading statements regarding the Company’s failure to disclose that money […]
BlackBerry Limited Securities Litigation
January 26, 2021. The Court in Pearlstein v. Blackberry Limited et al. (Southern District of New York) certified a class of common stock investors. Plaintiffs allege that Defendants misled investors regarding Blackberry’s new Blackberry 10 smartphone device – the market demand, reception, and profitability prospects of the device. To date, Professor Steven Feinstein of Babson College and […]