Securities
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A Florida federal judge has given a green light to Levi & Korsinsky LLP and Roche Cyrulnik Freedman LLP to act as co-lead counsel in a proposed class action alleging investors lost money because private prison company The GEO Group lied about its response to the COVID-19 pandemic… Read this piece in its entirety at
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Navient investors won a bid Tuesday to pursue their stock price inflation suit as a class action, though the Delaware federal judge who granted the request pared back one of the classes based on a challenge by the student loan servicing giant… Read this piece in its entirety at Law360.
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Investors in Vaxart Inc. accused the San Francisco-headquartered biotechnology company of lying about its COVID-19 vaccine candidate in order to inflate its stock price, according to a complaint filed Monday in California federal court… Read this piece in its entirety at Law360.
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Investors asked Delaware’s Chancery Court on Monday to give them a peek at the business records of GPB Capital Holdings LLC, reviving claims made in several lawsuits and regulatory actions that the private equity fund misrepresented its financial situation… Read this piece in its entirety at Law360.
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Citing “numerous indicia” of gender-based discrimination and harassment at The Walt Disney Co., an investor sued the entertainment goliath in Delaware’s Chancery Court on Tuesday seeking access to a range of company records for potential litigation… Read this piece in its entirety at Law360.
Mike LaSusa 