Diamonds may still be a “girl’s best friend,” but for 300 or more investors in the US and Canada, they were allegedly used to defraud investors. This week, the SEC obtained a court order to shut down a Ponzi scheme run by South Florida-based owner Jose Angel Aman, and his…
Securities Arbitration Lawyers Blog
Stockbrokers Are Prohibited From Inheriting Money From Clients
Has a broker or financial advisor asked to be a beneficiary in your will? Financial advisors should not be participating in a client’s estate. Senators Catherine Cortez Masto, (D-Nev.), Mike Rounds, (R.-S.D.), Tina Smith, (D-Minn.) and Chris Van Hollen, (D-Md.) recently sent a formal letter to FINRA requesting that the…
Conagra Brands (CAG) Is Being Sued For Allegedly Misleading Shareholders
Owners of Conagra Brands stock (CAG) are suing the packaged foods giant, alleging they were tricked into approving their nearly $11 billion acquisition of Pinnacle Foods. Conagra Justifies Acquisition Of Pinnacle Foods Conagra, which is a component of the S&P 500, announced that it would acquire Pinnacle Foods in June,…
Pyxus International, Inc. (PYX) Subject Of A Class Action Lawsuit
Pyxus International, Inc. (PYX), a publicly-traded tobacco and vaporizer company, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company. Pyxus Class Period And Lead Plaintiff Deadline Investors who purchased shares of Pyxus between June 7, 2018 and November 8,…
Ascena Retail Group, Inc. (ASNA) Subject Of A Class Action Lawsuit
Ascena Retail Group, Inc. (ASNA), a publicly-traded women’s clothing retailer that owns brands such as Ann Taylor, Dress Barn, and Lane Bryant, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company. Ascena Class Period And Lead Plaintiff Deadline Investors…
Hecla Mining Company (HL) Subject Of A Class Action Lawsuit
Hecla Mining Company (HL), a publicly-traded silver and precious metals mining company, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company. Hecla Class Period And Lead Plaintiff Deadline Investors who purchased shares of CBL between March 19, 2018 and…
CBL & Associates Properties, Inc. (CBL) Subject Of A Class Action Lawsuit
CBL & Associates Properties, Inc. (CBL), a publicly-traded real estate investment trust that invests in shopping centers, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company. CBL Class Period And Lead Plaintiff Deadline Investors who purchased shares of CBL…
RCI Hospitality Holdings (RICK) The Subject Of A Class Action Lawsuit
A class action lawsuit has been filed against RCI Hospitality Holdings, Inc. (RICK), a publicly-traded company that operates strip clubs and nightclubs, for alleged violations of federal securities law. Investors who purchased shares in the company between August 10, 2017 and May 10, 2019 may be eligible to participate in…
Nabriva Therapeutics (NBRV) Subject Of A Class Action Lawsuit
Nabriva Therapeutics (NBRV), a publicly-traded biopharmaceutical company, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company. Nabriva Class Period And Lead Plaintiff Deadline Investors who purchased shares between November 1, 2018 and April 30, 2019 (the class period) may…
Momo, Inc. (MOMO) Subject Of A Class Action Lawsuit
Momo, Inc. (MOMO), a publicly-traded mobile application company that operates in China, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company. Momo, Inc. Class Period And Lead Plaintiff Deadline Investors who purchased shares of Momo between April 21, 2015…