WebApr 13, 2024 · In the latest sign of ways in which these macro factors can translate into securities litigation, earlier this week the fuel cell company Plug Power was hit with a securities class action lawsuit after its share price declined following the company’s announcement of disappointing financial results driven in part by supply chain issues. WebMar 29, 2024 · On the flip side, the availability of D&O insurance also means that issuers …
New Wave of Securities Class Action Suits Targets U.S.-listed …
WebPost-IPO securities litigation and other claims are often made within three years of an … WebApr 8, 2024 · Securities Act Rule 419 (which predated passage of the PSLRA) limits its definition of “blank check company” to one that issues “penny stock.”. Most SPACs, however, avoid meeting the definition of penny stock issuer and are therefore neither a “blank check company” nor a “penny stock issuer” as those terms are defined. how many back slaps and chest thrusts
"Here Come the Lawsuits:" The Rise of IPO-Related Securities Litigation …
WebNov 5, 2024 · As discussed below, all this IPO activity may foretell the possibility of increased IPO-related securities litigation ahead. According to the IPO Tracker, there were 85 IPOs completed in October 2024, which is “the busiest single month for IPOs in 20 years” – surpassing even September 2024’s totals, which had been the busiest month in ... WebNOIDA, India and JOHNS CREEK, Ga., April 10, 2024 (GLOBE NEWSWIRE) -- EbixCash Limited, a subsidiary of Ebix, Inc. (NASDAQ: Ebix>), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that it has received the final observation … WebBrief Fact Summary. In six securities fraud class actions, containing claims of fraud on the part of many of the country’s largest underwriters linked to a series of initial public offerings (IPOs), the district court (Judge Scheindlin) granted class certification. Alleging that Judge Scheindlin failed to apply the proper standard (Judge ... how many back slaps for infant