Spectranetics (SPNC) Securities Class Action Lawsuit

This lawsuit alleges that executives at Spectranetics failed to properly warn of problems in its revenue forecasts and this failure to fully disclose these problems led to an artificially inflated stock price.  ¬† Read more

Investments
Your Money, Stock Losses, Securities Frauds, Inaccurate Financial Forecasts

Super Micro Computer (SCMI) Securities Fraud Class Action Lawsuit

This securities fraud class action alleges that Super Micro Computers materially misstated expenses for at least five fiscal quarters.  These misstatements could have a material effect on reported net income.  Super Micro Computers as a result could not issue its most recent financial statements.  ¬† Read more

Investments

Trinet (TNET) Securities Fraud Class Action Lawsuit

This lawsuit alleges that TriNet did not properly model medical and insurance costs for its workers compensation services, thereby overstating revenues and net income for the time period in question.  What makes these allegations partially troubling is that the industry as a whole seemed to be adjusting costs upward at a time when the company¬† Read more

Investments
Your Money, Stock Losses, Securities Frauds, Inaccurate Financial Forecasts