Class Action Report and Investor Alert: Aerohive Networks, Inc.
Aerohive Networks, Inc. Class Action Filed on Behalf of Investors Who Purchased, or Otherwise Acquired, Shares of Aerohive Between November 1, 2017 and January 16, 2018 Aerohive Networks, Inc. (NYSE:HIVE) On January 19, 2018, a class action lawsuit was filed against... Read More →
Investor Alert: Class Action Filed Against Advanced Micro Devices, Inc.
Class Action Filed on Behalf of Advanced Micro Devices Investors Who Purchased, or Otherwise Acquired, AMD Securities Between February 21, 2017 and January 11, 2018 Advanced Micro Devices, Inc. (NASDAQ:AMD) On January 16, 2018, a class action was filed against... Read More →
Spectre and Meltdown – Computer Security Vulnerabilities Explained
Spectre and Meltdown Computer Security Vulnerabilities Explained According to CSO’s January 15, 2018 article, “Spectre and Meltdown Explained: What they are, how they work, what’s at risk,” by Josh Fruhlinger: Spectre and Meltdown are the names given to a trio... Read More →
Vodafone ADR Investor Alert – Vodafone Class Action Lawsuit Filed
Vodafone ADR Class Action Lawsuit Filed Against Vodafone Group plc (NASDAQ:VOD) Vodafone’s website states that “Vodafone Group Plc is one of the world’s leading telecommunications groups, with a significant presence in Europe, the Middle East, Africa and Asia Pacific through the... Read More →
Fraudulent Virtual Currency Scheme Enforcement Action
CFTC Charges Patrick K. McDonnell & CabbageTech, Corp. d/b/a Coin Drop Markets, With Engaging in Fraudulent Virtual Currency Scheme On January 19, 2018, the Commodity Futures Trading Commission (“CFTC”) issued a press release stating that the CFTC filed a federal... Read More →
CFTC Bitcoin Fraud Enforcement Action
Bitcoin Fraud Enforcement Action: Bitcoin & Binary Options Fraud Scheme: CFTC Charges Colorado Resident Dillon Michael Dean & The Entrepreneurs Headquarters Limited On January 19, 2018, the Commodity Futures Trading Commission (CFTC) issued a press release stating that on January 18,... Read More →
Halozyme Therapeutics, Inc. – Halozyme Stock Drop – Shareholder Alert
Halozyme Therapeutics, Inc. – Halozyme Stock Alert (NASDAQ:HALO) According to Halozyme: Halozyme is a clinical-stage biotechnology company focused on developing and commercializing novel cancer therapies that target the tumor microenvironment. Our lead proprietary program, investigational drug PEGPH20 (pegvorhyaluronidase alfa), applies a unique... Read More →
TESARO Class Action Lawsuit Filed – TESARO Shareholder Alert
Federal Securities Class Action Lawsuit Filed Against TESARO on Behalf of a Class of Purchasers or Acquirers of TSRO Securities Between March 14, 2016 and January 12, 2018 Kehoe Law Firm, P.C. previously reported about its investigation of TESARO, Inc. (NASDAQ:TSRO) on... Read More →
Cryptocurrencies & Initial Coin Offerings: SEC & NASAA Urge Caution
SEC Chairman and Commissioners Issue Statement Regarding NASAA’s Reminder to Investors to Use Caution When Approaching Cryptocurrencies, ICO’s & Other Cryptocurrency-Related Investment Products On January 4, 2018, SEC ChairmanJay Clayton and Commissioners Kara M. Stein and Michael S. Piwowar issued... Read More →
TSRO – TESARO, Inc. Investigation on Behalf of TSRO Investors
TSRO – TESARO, Inc. Update to VARUBI® (rolapitant) U.S. Prescribing Information – TSRO Stock Falls During Intraday Trading (NASDAQ:TSRO) Kehoe Law Firm’s investigation concerns whether TESARO and certain of its officers or directors have engaged in securities fraud or other... Read More →
T.J. Maxx Loss Prevention Detective – Overtime Pay Lawsuit
Former T.J. Maxx Loss Prevention Detective Files Collective Action Complaint Unpaid Overtime Pay Sought by Former T.J. Maxx Loss Prevention Detective An overtime pay collective action lawsuit (Mills v. T.J. Maxx, Inc., No. 17-05236) was filed in United States District... Read More →
Deceptive Marketing Charges Settled – CellMark Biopharma & CEO
CellMark Biopharma, LLC & CEO Barred From Making Deceptive Claims About The Ability of CellAssure and Cognify to Mitigate Side Effects of Cancer Treatment On January 11, 2018, the FTC issued a press release concerning the settlement of FTC charges... Read More →
Liberty Tax Stock Class Action – Independent Accounting Firm Resigns
Liberty Tax Stock Shareholders: Alleged Ineffective Internal Controls & Inaccurate Financial Reporting Liberty Tax, Inc. (NASDAQ:TAX) Kehoe Law Firm, P.C. continues its investigation to determine whether Liberty Tax and certain of its officers or directors engaged in securities fraud or... Read More →
InfoCision, Inc. $250,000 Penalty for Deceptive Telemarketing Sales Calls
Charity-Related Telemarketer InfoCision Charged by FTC with Making Express Misrepresentations to Solicit Donations The FTC issued a press release regarding Akron, Ohio-based InfoCision, Inc., a company that has made millions of calls to consumers nationwide on behalf of charitable organizations.... Read More →
AMD Stock Price Drops – AMD Acknowledges Susceptibility to Spectre
AMD Stock Shares Down 3.6% Aftermarket After AMD Acknowledges Spectre Security Flaw Advanced Micro Devices, Inc. (NASDAQ:AMD) On January 11, 2018, SeekingAlpha reported (“AMD drops after acknowledging vulnerability to Spectre flaw”) the following: AMD . . . shares drop following... Read More →
AZZ Stock Shareholders: Class Action Complaint Filed Against AZZ
AZZ Inc. Securities Class Action Lawsuit Filed on Behalf of AZZ Stock Holders AZZ Inc. (NYSE:AZZ) AZZ’s Energy Segment Accounting – “Notification of Late Filing” & Form 8-K Disclosure Kehoe Law Firm, P.C. previously reported about AZZ’s “Notification of Late Filing”... Read More →
Matthews International Shareholder Alert: “Strong Sell” Opinion Issued
Matthews International Corp. (NASDAQ:MATW) On January 11, 2018, AlphaWeek reported (“Spruce Point Shorts Matthews International”) that Spruce Point Capital Management (“Spruce Point”) released a statement detailing a “strong sell” position for Matthews International Corp. Spruce Point on Matthews International: “Poorly... Read More →
Vodafone Breaches Prepaid Mobile Service Verification Rules
ACMA: Vodafone Breaches Verification Rules Before Activating Prepaid Mobile Services Kehoe Law Firm is investigating claims on behalf Vodafone Group plc investors (NASDAQ:VOD) to determine whether Vodafone and certain of its officers or directors have engaged in securities fraud or... Read More →
Ekso Bionics Class Action Securities Lawsuit Filed
Ekso Bionics Class Action – Federal Securities Lawsuit Filed Against Richmond, CA-Based Ekso Ekso Bionics Class Action on Behalf of Purchasers or Acquirers of Ekso Bionics Holdings, Inc. Common Shares On January 10, 2018, a federal class action lawsuit was... Read More →
AZZ Inc. Shareholder Alert – AZZ to Review Accounting Methodology
AZZ Inc. “Notification of Late Filing” – Inability to File Third Quarter 10-Q Kehoe Law Firm, P.C. is investigating claims on behalf of AZZ shareholders (NYSE:AZZ) to determine whether AZZ Inc. and certain AZZ officers or directors violated federal securities... Read More →
InterOil Corporation & Exxon Mobil – Securities Class Action Filed
InterOil Corporation (NYSE:IOC) & Exxon Mobil Corporation (NYSE:XOM) Named Defendants in a Securities Class Action Lawsuit On January 2, 2018, a class action lawsuit, alleging InterOil, InterOil’s Board of Directors and Exxon Mobil Corporation violated the Securities Act of 1933 (Block v.... Read More →
OSIS Stock Rating Lowered – Class Action Investigation Continues
OSIS Stock – Shares Downgraded From a Buy to Hold Rating OSIS Stock (NASDAQ:OSIS) On January 8, 2018, Registrar Journal reported that “Zacks Investment Research downgraded shares of OSI Systems . . . from a buy rating to a hold... Read More →
Germed Junk Fax Class Action – Alleged Unsolicited Fax Advertisements
Germed Inc. & Germed Ltd. – Junk Fax Protection Act Class Action Filed On January 4, 2018, a junk fax class action was filed in United States District Court, Northern District of Illinois, by Plaintiff Shaun Fauley against Defendants Germed... Read More →
Important Things to Know About The IRS Whistleblower Program
IRS Whistleblower Program – More than $499 Million in Whistleblower Monetary Awards According to the recently released “IRS Whistleblower Program Fiscal Year 2017 Annual Report to Congress”: Since 2007, information submitted by whistleblowers has assisted the IRS in collecting $3.6... Read More →
Urban Outfitters Department Manager Alleges Overtime Pay Violations
Superior Court Action Filed By Urban Outfitters Department Manager Alleges Overtime Violations On December 7, 2017, an overtime pay lawsuit was filed in the Superior Court of California, Los Angeles County, by Plaintiff Adam Friedlander against Pennsylvania-based Urban Outfitters, Inc.... Read More →
Intel Class Action Lawsuits Filed – Intel Chip Processor Security Flaw
Intel Class Action Lawsuits Filed Just Days After First Reporting of Intel Processor Security Vulnerability Gizmodo reported (“Intel Hit With Three Class Action Lawsuits Related to Security Vulnerability”) that only two days after “The Register first reported that all Intel... Read More →
Intel Chip Processors – Securities Class Action Investigation
Intel Chip Processors – Design Flaw Could Cause Intel Processor Chips to Be Vulnerable to Hackers Intel Corporation (NASDAQ:INTC) Kehoe Law Firm’s securities investigation concerns whether Intel Corporation and certain Intel Corporation officers violated federal securities laws. On January 2,... Read More →
BANC Investigation – Banc of California Securities Investigation
BANC Investigation – Banc of California Securities Investigation Banc of California (NYSE:BANC) The Kehoe Law Firm’s class action BANC investigation concerns whether Banc of California and certain of its officers and/or directors violated federal securities laws. On December 8, 2017,... Read More →
Urban Outfitters Overtime Lawsuit – Alleged Employee Misclassification
Urban Outfitters Overtime Lawsuit – Plaintiff Department Manager Allegedly Misclassified as Exempt Under Federal Overtime Laws On December 27, 2017, an overtime lawsuit was filed in United States District Court, Eastern District of Virginia, Norfolk Division, by Plaintiff Joshua Allison... Read More →
Goodyear G159 Motor Home Tires – U.S. Regulators Open Investigation
Goodyear G159 Motor Home Tires – National Highway Traffic Safety Administration Probe NHTSA Investigation to Determine Whether Some Older Goodyear Motor Home Tires Can Fail and Cause Accidents or Deaths On January 2, 2017, The New York Times reported a... Read More →
Apple Class Action Lawsuits – Multiple iPhone Slowdown Lawsuits
Apple Class Action Lawsuits & Apple’s Recent Apology Letter A Newburgh Gazette article, “Apple Faces at least 12 different class-action lawsuits over iPhone slowdowns,” reported that Apple has issued a letter addressing the iPhone slowdown “controversial practice . . .... Read More →
ATBCoin Initial Coin Offering – Lawsuit Alleges Unregistered Securities
ATBCoin Initial Coin Offering – Class Action Lawsuit Filed for Violation of the Securities Act of 1933 On December 21, 2017, a class action lawsuit was filed in United States District Court, Southern District of New York, against ATBCoin LLC,... Read More →
Cryptocurrency & Initial Coin Offerings – SEC Chairman’s Statement
Cryptocurrency & Initial Coin Offerings – SEC Chairman’s “Statement on Cryptocurrencies and Initial Coin Offerings” On December 11, 2017, SEC Chairman Jay Clayton issued a “Statement on Cryptocurrencies and Initial Coin Offerings.” The statement provided the SEC Chairman’s general views... Read More →
Kobe Steel Products – Shanghai Issues Metal Products Safety Warning
Kobe Steel Products – Shanghai Issues Metal Products Safety Warning On December 28, 2017, Reuters reported (“Shanghai cautions on products from scandal-hit Kobe Steel, tightens checks”) that Shanghai has issued a warning on the safety of metal products manufactured by... Read More →
Initial Coin Offerings – Be Aware of Potential Initial Coin Offering Risks
Initial Coin Offerings – ICOs The SEC’s Office of Investor Education and Advocacy has provided the following information to make investors aware of the potential risks of participating in Initial Coin Offerings – ICOs:* Initial Coin Offerings, also known as... Read More →
Ekso Bionics Holdings – Material Weakness in Internal Control Reported
Ekso Bionics Holdings, Inc. (NASDAQ:EKSO) According to Ekso Bionics Holdings, the Northern California-based company is a “worldwide pioneer in the field of robotic exoskeletons” which is “committed to developing the latest technology and engineering to help people rethink current physical... Read More →