Stock Losses

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

Pier 1 Imports (PIR) Securities Fraud Class Action Lawsuit

This securities fraud lawsuit alleges that executives at Pier 1 Imports systemically understated the cost to move into online retail channels and systemically overstated forecasted future revenues.  Read more

Biogen (BIIB) TECFIDERA Securities Fraud Class Action Lawsuit

This lawsuit alleges that, during the first half of 2015, Biogen purposefully overstated its future revenue growth, based largely on expectations for its flagship drug TECFIDERA, and that the overstated forecast artificially inflated the Biogen stock price.  Read more

Plains All American Pipeline (PAA) Securities Fraud Class Action

This securities fraud class action alleges that Plains All American Pipeline issued false and misleading statements concerning its pipeline monitoring, maintenance and spill response measures, as well as its compliance with federal regulations governing its pipeline operations.  Read more

Resource Capital (RSO) Securities Fraud Class Action Lawsuit

This securities fraud class action alleges that Resource Capital should have disclosed its exposure to the Puerto Rican economy sooner than it did and therefore the REIT was trading at an artificially inflated value.  Read more

Abengoa (ABGB) Securities Fraud Class action Lawsuit

This lawsuit alleges that since November 12, 2014, Abengoa has misrepresented the liquidity of  its balance sheet in corporate reports filed with the SEC and in conference calls with financial analysts.   Read more

Trinet Group (TNET) Securities Fraud Class Action Lawsuit

This lawsuit alleges Trinet misrepresented to investors the accurate costs associated with workers compensation claims.  Specifically, that the company was experiencing greater than announced worker compensation costs even after analysts queried executives about the lower-than-industry average cost projections.  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