Stock Losses

Amicus Therapeutics Securities Fraud Class Action

This securities class action alleges that Amicus Therapeutics made false, misleading and material representations to the market regarding a meeting held with the U.S. Food and Drug Administration regarding the development of the company's new drug, migalasta.  Read more

ChinaCache International Holdings Securities Fraud Class Action Lawsuit

This class action lawsuit alleges ChinaCache made false statements and failing to disclose that (1) the platform migration to High Performance Cloud Cache (HPCC) was not successful.  Read more

Fiduciary Management, Inc. Shareholder Derivative Lawsuit

The Wayne County Employees' Retirement System, a shareholder in the FMI Large Cap Fund (the "Fund"), has filed this derivative lawsuit alleging that the Board of Fiduciary Management, Inc. extracted higher investment advisory fees from the captive Fund than from arm's length institutional clients, even where the advisory services provided to those arm's length clients  Read more

USA Technologies Stock Falls After Bad Debt Allowance Increase

This class action lawsuit is brought against USA Technologies alleging failure to disclose (1) significant deficiencies in both the design and operating effectiveness of the company’s internal control over financial reporting; and (2) as a result of these deficiencies, USA Technologies’ procedures failed to identify a large number of uncollectible small balance accounts.  Read more

NUGT ETF Broker Recommendations Suitability Investigation

This investigation concerns the Direxion Daily Gold Miners Bull 3x Shares, a three-time leveraged exchange-traded fund (ETF) which trades on NYSE under ticker symbol NUGT.  Leveraged ETF’s such as NUGT are designed as a product for day-traders and are not typically supposed to be recommended as “buy and hold” investments. Claims have been brought on  Read more

Globus Medical Low Sales Securities Class Action

This securities fraud class action alleges that Globus, a medical device company, failed to disclose (1) its relationship with a significant distributor was deteriorating; (2) the deterioration negatively impacted Globus’s financial performance; and (3) as a result, Globus’s prospects and statements were false and misleading.  Read more

Volkswagen ADR Securities Fraud Class Action Lawsuit

This lawsuit alleges that Volkswagen AG made materially false and misleading statements and omissions to investors concerning company operations, financial condition and outlook and specifically failed to disclose that it had utilized a "defeat device" in certain diesel cars which allowed the vehicles to temporarily reduce emissions during testing yet emit at dramatically higher levels  Read more

QLogic (QLGC) Securities Fraud Class Action Lawsuit

     This lawsuit alleges QLogic violated federal securities laws by failing to timely disclose an industry wide slow down and inventory build up at large OEM customer.    Read more

Sientra (SIEN) Securities Fraud Class Action Lawsuit

     This securities fraud class action alleges that Sientra failed to disclose that (1) its exclusive reliance on Silimed’s Brazilian manufacturing facilities carried significant quality control risks and (2) the manufacturing processes at the Silimed Rio de Janeiro manufacturing plant were contaminated.  Read more

Liquidity Holdings (LIQD) Securities Fraud Class Action Lawsuit

This federal securities class action alleges executives of Liquid Holdings Group, LLC lied to investors about it revenue recognition practices especially relating to an outstanding debt owed by an affiliated company.    Read more