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SHAREHOLDER CLASS ACTION
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...
Five ways Elon Musk's SpaceX upended Wall Street's IPO playbookSpaceX is launching its IPO with a record $75 billion listing, breaking Wall Street traditions. The company is setting a fixed share price,...
SpaceX IPO: rockets, AI losses and Musk in controlSpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars. The sky-high valuation for SpaceX...
A 180% crypto rally shows new investing era as Bitcoin meltsMoney is moving from Bitcoin and Ether funds to crypto assets with a direct link to economic activity. The HYPE token, tied to the Hyperliq...
New York, California pension leaders oppose 'extreme' SpaceX control structureUS pension funds are raising significant red flags regarding SpaceX's imminent entry into the stock market. Leaders from California and New...
SpaceX IPO gives Elon Musk sweeping power, curbs shareholder rightsSpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareho...
Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposedElon Musk has settled a civil lawsuit with the US Securities and Exchange Commission. The case involved his delayed disclosure of initial p...
For investors with ability to think beyond FY27: 5 mid-cap stocks from different sectors with an upside potential up to 33%The US blockade of the Strait of Hormuz, a claim by President Trump that negotiations are not dead in the water, and some tough talk from I...
Super Micro sued by shareholders over China-related criminal case against co-founder, othersIn a proposed class action filed in San Francisco federal court, shareholders said Super Micro overstated its business prospects and infl...
Twitter shareholder case accusing Musk of driving down stock goes to juryThe civil trial in San Francisco centers on a class-action lawsuit filed just before Musk took control of Twitter, which he later renamed X...
US Stocks: Boeing shareholders can pursue class action over 737 MAX safetyA federal judge certified a shareholder class action accusing Boeing of concealing safety deficiencies in its 737 MAX planes before two cra...
NCLAT upholds admission of class action lawsuit against Jindal Poly FilmsThe National Company Law Appellate Tribunal has upheld a class action lawsuit against Jindal Poly Films. Minority shareholders had filed th...
NCLT allows Rs. 2,500-crore class action lawsuit against Jindal Poly FilmsJindal Poly Films class action case: NCLT direct issuance of public notice, other minority shareholders can join law suit against Jindal Po...
Google defeats part of US shareholder class action over digital adsA US judge dismissed part of a lawsuit against Google, which accused the company of misleading investors about its digital advertising prac...
Do Larry Page, Sundar Pichai deserve special treatment in shareholder class action?Page and Pichai are defendants and potentially crucial witnesses in a billion-dollar shareholder class action accusing the company and top ...
Wells Fargo to pay $1 billion to settle shareholder class actionThe agreement has been submitted to a federal judge in Manhattan for approval, according to a document filed Monday. In June 2020, a group ...
Qualcomm must face shareholder class action over sales practicesThe investors leading the case claim the misrepresentations artificially inflated the price of Qualcomm shares between 2012 and 2017.
Shareholder rights firms file class action suits against FreshworksLitigation firms Scott + Scott Attorneys and The Schall Law firm said they have filed securities class action suits against Nasdaq-listed p...
- PwC may be sued too
It is understood that Satyam is bracing itself for such an action and has begun sounding out legal firms to represent it in the US.
- Satyam may face US Suit
Satyam shareholders in the US are planning to file a class-action suit against the Indian IT services firm and its board of directors for f...