law360.com
Crypto exchange operator Gemini Space Station Inc. and some of its current and former executives and directors, including founders Tyler and Cameron Winklevoss, say an overall downturn in the cryptocurrency market is responsible for the exchange operator's plans to shift focus to the prediction market, and the risk of the shift was fully disclosed to investors.
15 days ago
law360.com
A New York federal judge has dismissed a proposed shareholder class action alleging medical device maker Integer Holdings Corp. hid plummeting demand for cardiac devices and misled investors about its overall growth, concluding that the allegations do not suggest its disclosures in 2024 and 2025 were untrue or deceptive.
16 days ago
law360.com
The U.S. Securities and Exchange Commission has asked a New York federal court for a partial early win in its suit against the former CEO of a fintech firm it claims made secretive purchases of his own company's stock in order to inflate the price, saying he "undisputedly" failed to file certain required disclosure documents.
17 days ago
law360.com
Ameriprise Financial Inc. on Thursday asked a Minnesota federal court to dismiss a proposed class action from consumers accusing it of failing to safeguard their data from cybercriminals in a March breach, arguing the suit's plaintiffs do not allege that their data was involved in the incident.
28 days ago
law360.com
Washington state-based Coastal Financial Corp. has been hit with an investor's proposed class action accusing it of failing to disclose risks related to its "banking as a service" offerings, which the shareholder says ultimately resulted in a 44% share decline earlier this year following the announcement of a $42 million quarterly loss.
about 1 month ago
law360.com
Crypto Investors Denied Early Win Against Bitcoin Latinum
about 1 month ago
law360.com
The U.S. Securities and Exchange Commission announced that it has settled claims against a Texas-based limited liability company and its owner accused of fraudulently raising $9.6 million from nearly 100 investors with false promises of returns on investments in mobile home construction.
about 1 month ago
law360.com
Fintech company Figure Lending LLC has escaped a consumer's proposed class action over the alleged false marketing of its loans, with a federal judge ruling the plaintiff did not show the North Carolina court has subject matter jurisdiction over the claims.
2 months ago
law360.com
Fintech company Figure Lending LLC has escaped a consumer's proposed class action over the alleged false marketing of its loans, with a federal judge ruling the plaintiff did not show the North Carolina court has subject-matter jurisdiction over the claims.
2 months ago
law360.com
An Illinois federal judge has rejected requests from mortgage servicer Dovenmuehle Mortgage Inc. and a consumer leading a proposed class action accusing it of sending inaccurate payment history information to consumer reporting agencies, saying neither summary judgment for the servicer nor class certification are appropriate at this time.
2 months ago
law360.com
Housing loan servicer Selene Finance LP says a North Carolina federal court should end a proposed class action alleging the company sent false and deceptive notices about defaults, arguing the suit fails to describe any remediable harm.
2 months ago
