Stock Losses

Shiloh (SHLO) Securities Fraud Class Action Lawsuit

This is a class action alleges that Shiloh failed to properly account for certain costs and therefore improperly inflated net income.    Read more

Marvell Technology (MRVL) Securities Fraud Class Action Lawsuit

This lawsuit alleges that Marvell and its top executives oversaw a flawed process that resulted in serious revenue recognition problems in the second quarter of fiscal year 2016. First reports indicate that the company may have overstated revenues by 7 to 8%.  Read more

Cellceutix (CTIX) Securities Fraud Class Action Lawsuit

The lawsuit alleges a host of material nondisclosures by the company artificially inflated the stock price, including that (1) Cellceutix’s antibiotic drug candidate Brilacidin was ineffective; (2) Cellceutix’s anti-cancer drug candidate Kevetrin does not activate the p-53 gene, which suppresses tumors; and (3) Cellceutix’s co-founder and Director, Krishna Menon, did not earn his PhD in  Read more

Fiat Chrysler Securities Fraud Class Action Lawsuit

The lawsuit alleges that Chrysler failed to disclose flaws in its manufacturing process that led to millions of vehicles being recalled as those vehicles were unsafe to drive.  Read more

SFX Entertainment (SFXE) Securities Fraud Class Action Lawsuit

This lawsuit alleges that the CEO artificially inflated the SFXE stock price by routinely stating he intended to purchase all remaining shares, but in fact the CEO and the company knew that the CEO would find it impossible to get proper funding for such claims.  Read more

Constant Contact (CTCT) Securities Fraud Class Action Lawsuit

This lawsuit alleges that Constant Contact failed to disclose the true nature of its forecasted revenues insofar as its customer conversion rate was less than announced and that customers were opting for lower priced services.  Read more

On Deck Capital (ONDK) Class Action Lawsuit

This lawsuit alleges that executives of On Deck Capital made materially false and misleading statements regarding On Deck Capital’s business, operational and compliance policies including the true rate of default for the company’s loan portfolio was steadily increasing and the true value of the company’s loan portfolio was in material decline.   Read more

Investment Technology (ITG) Securities Fraud Class Action Lawsuit

This lawsuit alleges that Investment Technology Group operated an undisclosed trading platform that apparently used pending client trade information to make undisclosed trades.  Read more

Whole Foods Securities Fraud Class Action Lawsuit

This lawsuit alleges that Whole Foods misrepresented to shareholders that its operational controls were strong yet the company routinely overstated the weight of its pre-packaged products and overcharged customers. This caused Whole Foods' stock to be artificially inflated.  Read more

AAC Holdings (AAC) Securities Fraud Class action Lawsuit

This lawsuit alleges that AAC Holdings and its CEO failed to disclose to investors that the company, the CEO, and other employees were under criminal investigation for murder in connection with the operation of its facilities.  Read more