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28 Aug 2018, 2:54 pm
The alleged misrepresentation on which the securities law claims rest are business conduct statements in the company’s securities filings in which the company stated the standards for ethical conduct expected for all company directors and employees. [read post]
7 Jan 2018, 5:05 pm
In the third-largest securities class action settlement ever in Australia, QBE Insurance has agreed to settle the securities suit pending in the Federal Court of Australia and filed against the company on behalf of QBE investors related to the sharp share price decline the company experienced in December 2013. [read post]
6 Jun 2024, 5:45 am
The United States has declared that flagship Chinese technology companies, such as Huawei and ZTE, pose national security risks and should have limited access to its markets as a result. [read post]
3 May 2010, 5:30 am
Madoff Investment Securities, LLC (“BLMIS”). [read post]
7 May 2014, 4:15 am
” The complaint alleges further that the individual defendants “failed to ensure that the Company and its subsidiaries implemented adequate information security policies,” and that the Company’s property management system server “used an operating system so out of date” that the company’s vendor “stopped providing security updates for the operating system more than three years prior to the… [read post]
4 Feb 2013, 3:11 pm
Thus, defendants' motion was denied. [read post]
7 Apr 2024, 9:05 pm
For this reason, making AI firms liable for such securities violations would perversely have those companies regularly pick up the tab for the parties clearly and directly responsible for violations. [read post]
12 Jul 2023, 1:33 pm
” The complaint alleges that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. [read post]
19 Sep 2011, 8:56 am
Homeland Security Investigations stands ready to prevent any company from circumventing U.S. controls to export hazardous waste. [read post]
16 Jun 2010, 1:58 am
The complaint alleges that the defendants were aware of these problems because of calls to the company’s customer service line; because of academic research, which was communicated to the company; and because of product liability lawsuits that had been filed against the company. [read post]
5 Feb 2019, 12:51 pm
The defendants moved to dismiss. [read post]
10 Jul 2014, 9:34 am
” Rental car companies are instructed that “providing multiple names” on rental paperwork is to be “considered suspicious. [read post]
14 Jul 2009, 2:21 am
Judge Illston also rejected as insufficient the plaintiffs’ attempt to satisfy the scienter requirements by arguing that the individual defendants are company officers who may be presumed to have knowledge of the company’s "core operations. [read post]
15 Aug 2024, 9:46 am
At its heart, this case was about the defendants’ actions in 2015 and 2016. [read post]
26 May 2015, 8:19 am
The security features were fl [read post]
23 Apr 2010, 2:41 am
In a massive December 1, 2008 opinion, about which refer here, Judge Pfaelzer had denied the defendants’ motion to dismiss. [read post]
1 Oct 2016, 5:40 am
In a typical securities fraud case, where the plaintiff alleges that a misrepresentation artificially inflated the company’s stock price, the defendant may be able to rebut reliance by providing evidence that there was no stock price increase as a result of the misrepresentation. [read post]
5 Feb 2023, 4:56 pm
Plaintiff Michael Briggs was employed by SMG Food & Beverage, a company that provided food and catering service at McCormick Place. [read post]
3 Apr 2013, 4:26 pm
Thanks to the hard work of our New York wage and hour law firm, one of Manhattan's largest and most respected securities companies will now be forced to face allegations in court that the company violated New York Labor Laws (NYLL) and the Fair Labor Standards Act (FLSA). [read post]
23 Sep 2020, 2:56 pm
The derivative complaint alleges “defendants’ fiduciary failures have … subjected the Company to a complex and expensive-to-defend securities class action lawsuit alleging violations of federal securities laws. [read post]
