Celsius (CELH) False or Misleading Statements and Stock Losses Class Action

On March 1, 2021, Celsuis Holdings, Inc. (NASDAQ: CELH) announced that it would not be able to file its 2021 annual report on time. This, the complaint alleges, was because Celsius had made false and misleading statements during the previous periods, violating the Securities Exchange Act of 1934. Celsius’s stock price fell more than 8%  Read more

Four Celsius Drinks

Geron Conceals Study Results, Sells Inflated Stock Class Action

Geron Corporation, a biopharmaceutical company, had just one drug in its pipeline, imetelstat. The complaint for this class action alleges that a Phase 2 clinical trial for the drug produced disappointing results. Despite this, according to the complaint, company insiders sold a large amount of stock without disclosing the results of the trial. This class  Read more

Geron Name on Cell and Penny Background

Apex Clearing Corporation Suspension of Buys of AMC, GME, KOSS Class Action

On January 28, 2021, says the complaint for this class action, Apex Clearing Corporation suspended trading on stock for AMC Entertainment Holdings, Inc. (AMC), GameStop Corporation (GME), and Koss Corporation (KOSS), for nearly three and a half hours. The complaint alleges that this suspension was meant to affect the price of these stocks. The counts  Read more

Apex Clearing X Logo

NatWest Spoofing Manipulation of Treasuries Market Class Action

In December 2021, NatWest Markets plc pleaded guilty in a criminal case of wire fraud and securities fraud for its activities related to Treasury Futures and the secondary market for Treasury Securities. The case involved “spoofing,” or placing false orders to manipulate the markets. This class action, brought against NatWest Markets plc (NWMP) and NatWest  Read more

NatWest Name and Logo

NatWest Markets Manipulation of Treasury Futures Markets by Spoofing Class Action

This class action accuses three companies of “unlawful and intentional manipulation of U.S. Treasury Futures contracts” and options on those contracts, as traded on US exchanges, including the Chicago Board of Trade (CBOT). The companies accused are NatWest Markets Securities, Inc., NatWest Markets, Plc, and NatWest Group, Plc (formerly RBS Securities, Inc., the Royal Bank  Read more

NatWest Name and Logo

Western Global Airlines ESOP Stock Purchase ERISA Violations Class Action

This head-spinning class action involves an employee stock ownership plan (ESOP) for employees of Western Global Airlines, Inc. and a stock purchase of 37.5% of private Western Global stock. The complaint alleges that the defendants bought the stock at an inflated price, saddled the company with enormous debt to pay for it, and forced employees  Read more

Western Global Airlines Plane in Flight

Bristol-Myers Squibb (BMY) Delay of Drug Approval Securities Class Action

Bristol-Myers Squibb Co. filed an S-4 Registration Statement for its November 2019 acquisition of Celgene Corporation. The complaint for this class action alleges that this S-4 contained untrue statements and omitted important information, because it did not disclose that Bristol-Myers was deliberately slow-walking approval of a drug. The slowdown would mean that certain milestones in  Read more

Bristol-Myers Squibb Sign

CannTrust Securities False Statements Settlement

CannTrust Holdings, Inc. and other parties are settling class actions in Canada and the US alleging the company made false and misleading statements in its offering documents, about its compliance with cannabis regulations and due to an alleged scheme to increase its cannabis production. The complaint alleged that the statements caused the price of CannTrust’s  Read more

Cultivated Cannabis Plants

Robinhood Blocked Buy Trades of Certain Stocks California Class Action

A number of class actions have been filed on the subject of restricted trading in GameStop and other popular securities in January of 2021, blaming it on a desire among certain short-sellers to stop the rise of those securities. This class action centers on the same blocking of trading in those same stocks, but blames  Read more

Robinhood Feather Logo

Hospitality Investors Trust REIT Investigation

Did you lose money by following a broker’s recommendation to invest in Hospitality Investors Trust REIT? If so, you may be able to participate in a lawsuit.  We’re investigating whether brokers or financial advisors recommended this REIT to their clients, even if it was not suitable for them. A REIT is a real estate investment  Read more

Hospitality Investors Trust Name and Logo