Search for: "Powers v. Caremark Inc" Results 21 - 26 of 26
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25 May 2022, 9:01 pm by Richard Zelichov and Trevor T. Garmey
Securities Litigation, 768 F.3d 1046 (9th Cir. 2014) (violations of Section 303 do not give rise to private right of action under Section 10(b) and Rule 10b-5) with Stratte-McClure v. [read post]
2 Sep 2024, 7:16 am by Kevin LaCroix
As discussed here, the complaint alleges that the company’s announced turnaround strategy, in which the company rebranded itself as an AI-powered Business Automation Platform, misrepresented the strategy’s likely prospects and success. [read post]
3 Jan 2023, 1:47 pm by Kevin LaCroix
On the other hand, as discussed here, in June 2022 the court in the SPAC-related securities suit pending against Romeo Power denied the motion to dismiss, and, similarly, in July 2022, the SPAC-related securities suit pending against Velodyne Lidar survived the dismissal motion, albeit with large parts of the complaint dismissed (as discussed here). [read post]