Pursuant to the settlement the suing shareholders agreed to drop their claims against HCA, its officers and directors, the underwriters and a majority shareholder at the time of the offering... Read more
Zynga Inc. has reached a $23 million settlement ending class action litigation with investors who accused the social media gamemaker of misleading shareholders about its prospects leading up... Read more
CHC Group Ltd., which runs the world’s largest commercial helicopter operation, has been sued over its $310 million initial public offering (IPO). The class action lawsuit, filed by a shareh... Read more
Dozens of lawsuits against Facebook Inc., the NASDAQ exchange and various underwriters will be consolidated before a federal judge in New York. That court must sort through the legal afterma... Read more
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