fbpx

El Pollo Loco (LOCO) Securities Fraud Class Action Suit

This lawsuit alleges that executives at El Pollo Loco hid from investors the negative impact of rising labor and food costs and the decrease in same store traffic so that insiders could sell millions of dollars of stock at artificially inflated prices.  Read more

CaesarStone (CSTE) Securities Fraud CLass Action Lawsuit

     This securities fraud class action alleges that CaesarStone  failed to disclose a whole series of negative news developments to investors in real time and in fact purposely kept the news from them.  Read more

ConforMIS (CFMS) Securities Fraud Class Action Lawsuit

     This securities fraud class action alleges that ConforMIS knew of manufacturing problems relating to its joint replacement devices during its IPO and immediately thereafter but failed to warn investors. Less than two months after its IPO, ConforMIS announced that it was recalling 950 joint replacement devices (650 of which had already been used  Read more

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

MaxPoint Interactive (MXPT) Securities Fraud Class action Lawsuit

This securities fraud lawsuit alleges that MaxPoint Interactive failed to properly disclose to investors during its IPO that most of its business was concentrated in less than 50 customers subjecting MaxPoint Interactive to undisclosed customer budget constraints.  MaxPoint has lost 60% of its value since the IPO in March, 2015.  Read more

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