Securities

November 22, 2017 Five lawsuits were filed against Inventure Foods and its board of directors this week over a slew of alleged securities law violations.

November 22, 2017 Gigamon, Inc., its board of directors, Elliott Management Corporation, and two affiliates are facing a proposed class action that claims the parties issued a misleading proxy statement in connection with Elliott’s proposed acquisition of Gigamon.

November 22, 2017 Tivity Health, Inc. and three of its senior executives have been accused of violating federal securities law by publishing allegedly misleading statements regarding the outlook of the company’s fitness programs.

November 22, 2017 A lawsuit seeks answers after Scana Corp.'s stock prices plummeted on multiple occasions as a result of the company's failed dual nuclear reactor project.

November 21, 2017 Bob Evans Farms, Inc. and its board of directors are on the receiving end of a securities lawsuit that claims the defendants filed a misleading proxy statement in connection with a proposed merger between Bob Evans and Post Holdings, Inc.

November 21, 2017 SCANA Corporation and three top executives are facing another proposed class action after the parties suddenly abandoned a years-long nuclear plant construction project in South Carolina.

November 21, 2017 Ocular Therapeautix, Inc. and four top executives are facing a securities lawsuit filed in August that claims the parties misled investors regarding the pending approval of DEXTENZA, a new medicine designed to treat post-surgical eye pain.

November 21, 2017 Gigamon Inc. and its board of directors are facing a proposed class action lawsuit in light of a potential merger between Gigamon and Elliott Management Corporation.

November 16, 2017 National Research Corporation and five directors have been accused of approving a stock transaction that will force stockholders out of the value of their shares and award an overwhelming majority of voting rights to the company’s CEO.

November 16, 2017 Endo International PLC and three of its executives are facing a securities lawsuit claiming the parties failed to disclose to stockholders that the projected success of subsidiary Par Pharmaceutical Holdings, Inc. was due to allegedly illegal activity.

November 15, 2017 Ruby Tuesday, Inc. and its board of directors are facing claims that they issued a misleading proxy statement in connection with a potential merger between Ruby Tuesday and NRD Capital Management LLC.

November 14, 2017 Silver Spring Networks, Inc. and its board of directors are facing a proposed class action lawsuit following the announcement of a potential merger between the company and Itron, Inc.

November 10, 2017 Orbital ATK, Inc. and its board of directors are facing another proposed class action filed by an Orbital stockholder who claims the defendants issued a misleading proxy statement in connection with a potential merger.

November 10, 2017 SCANA Corporation and three executives are facing yet another lawsuit in the wake of an abandoned nuclear energy project that allegedly fell years behind schedule and exceeded its budget by billions of dollars.

November 8, 2017 Omega Protein Corporation and its board of directors; Alpha MergerSub, Inc.; and Cooke Inc. are facing a proposed class action accusing them of issuing a misleading proxy statement in connection with a potential merger between Omega and Cooke.

November 7, 2017 Rockwell Collins, Inc., its board of directors, United Technologies Corporation, and Riveter Merger Sub Corp. are facing a proposed class action lawsuit alleging the parties filed a misleading registration statement in connection with a potential merger.

November 7, 2017 A proposed class action lawsuit has been filed against Calgon Carbon Corporation, its board of directors, Kuraray Co., Ltd., and two affiliates demanding that the parties release material information regarding a potential merger.

November 7, 2017 IXYS Corporation and its board of directors are facing a proposed class action lawsuit accusing them of filing a misleading proxy statement in connection with a potential merger between IXYS and Littlefuse, Inc.

November 3, 2017 A trustee for the F-Squared Liquidating Trust claims the SEC should repay 'disgorgement' that he claims the agency confiscated without authority.

November 2, 2017 Alcobra Ltd., its board of directors, Arcturus Therapeutics, Inc., and Aleph Mergersub, Inc. are facing a proposed class action lawsuit that claims the defendants failed to file a proxy statement in connection with a potential merger.

November 2, 2017 Desarrolladora Homex, S.A.B. de C.V. (Homex Development Corp.) and three former executives are facing a lawsuit that claims the they deceived the investing public by overstating the company's revenue by billions of dollars over a period of three years.

October 30, 2017 A proposed securities class action claims a 2015 dip in stock prices can be traced to Skechers overstating the strength of its Domestic Wholesale segment.

October 26, 2017 Landauer, Inc. and its board of directors are facing a proposed class action lawsuit along with defendants Fortive Corporation and Fern Merger Sub Inc. over claims that they filed a misleading registration statement in connection with a potential merger.

October 25, 2017 A stockholder has filed suit against Envision Healthcare Corporation and 11 of its executives over claims that they published misleading statements about the company's business practices and prospects.

October 25, 2017 Orbital ATK, Inc. and its board of directors are facing a proposed class action lawsuit that claims they filed a misleading proxy statement in connection with a potential merger.

October 23, 2017 Orbital ATK, Inc., its board of directors, Northrop Grumman Corporation, and Neptune Merger, Inc. have been hit with the third lawsuit filed this month regarding a potential merger between Orbital and Northrop Grumman.

October 23, 2017 CDI Corp. and its board of directors are on the receiving end of a proposed class action lawsuit filed in August that claims they omitted material information from a recommendation statement issued in connection with a potential merger.

October 20, 2017 ShoreTel, Inc., its board of directors, Mitel US Holdings, Inc., Shelby Acquisition Corporation, and Mitel Networks Corporation are facing a lawsuit that claims they issued a misleading recommendation statement in connection with a proposed merger.

October 19, 2017 A stockholder has filed suit against Orbital ATK, Inc., its board of directors, Northrop Grumman Corporation, and Neptune Merger Sub, Inc. over claims that they filed a misleading proxy statement.

October 18, 2017 Orbital ATK, Inc. and its board of directors are facing a securities lawsuit alleging that they failed to properly communicate to stockholders the details of a proposed merger between Orbital and Northrop Grumman Corporation.

October 17, 2017 Bear State Financial, Inc., subsidiary Bear State Bank, their board of directors, Arvest Bank, and Arvest Acquisition Sub, Inc. are facing a proposed class action alleging violations of the Securities Exchange Act of 1934.

October 13, 2017 Numerex Corp., members of its board of directors, Sierra Wireless, Inc., and Wireless Acquisition Sub, Inc. are facing a proposed securities class action that accuses them of omitting material information from a registration statement.

October 6, 2017 Tintri, Inc. and two of its top executive officers are facing a proposed class action alleging that they misled the investing public during Tintri’s initial public offering (IPO).

October 2, 2017 Health Insurance Innovations, Inc., its former and current chief executive officers, and its chief financial officer are facing a lawsuit alleging they failed to disclose to stockholders material information regarding the company's license to do business.

October 2, 2017 A proposed securities class action has been filed against Tech Data Corporation and two of the company’s top executives over claims that they failed to disclose material information to stockholders concerning the Tech Data's performance.

September 22, 2017 PharMerica Corporation, its board of directors, Phoenix Parent Holdings Inc., and Phoenix Merger Sub Inc. have been named as defendants in a securities lawsuit alleging they filed a misleading proxy statement in connection with a proposed merger.

September 21, 2017 Xenith Bankshares, Inc. and its board of directors are facing another lawsuit alleging they filed a misleading proxy statement in connection with a merger between Xenith and Union Bankshares Corporation.

September 19, 2017 MaxPoint Interactive, Inc. and its board of directors are facing a securities lawsuit after allegedly filing a misleading solicitation statement in connection with a proposed merger.

September 15, 2017 PharMerica Corporation and its board of directors are facing a lawsuit filed by a stockholder who claims the company issued a misleading proxy statement in connection with a merger between the company and affiliates of Kohlberg Kravis Roberts & Co. L.P.

September 15, 2017 Xenith Bankshares Inc., its board of directors, and Union Bankshares Corporation are facing a securities lawsuit filed by a Xenith shareholder who claims the defendants filed a misleading registration statement regarding a proposed merger.

September 15, 2017 Kite Pharma, Inc. and its board of directors are facing a proposed class action lawsuit claiming they published a misleading recommendation statement in connection with a potential merger between the company and a subsidiary of Gilead Sciences, Inc.

September 15, 2017 A lawsuit has been filed against Kite Pharma, Inc., its board of directors, Gilead Sciences, Inc., and Dodge Merger Sub, Inc. alleging the defendants issued a misleading registration statement regarding a proposed merger between Kite and Gilead.

September 11, 2017 A proposed class action has been filed against CDI Corp., its board of directors, Nova Intermediate Parent, LLC, and Nova Merger Sub, Inc. over allegations that they released a misleading recommendation statement in connection with a potential merger.

September 8, 2017 A proposed class action has been filed against First South Bancorp, Inc., its board of directors, and Carolina Financial Corporation over a stockholder’s concerns that they issued a misleading proxy statement in connection with a potential merger.

September 8, 2017 HSN, Inc. and its board of directors are facing a proposed class action filed by a stockholder over the company’s allegedly misleading proxy statement regarding a potential merger between HSN and Liberty Interactive Corporation.

September 7, 2017 Rayonier Advanced Materials, Inc. and two of its executive officers are defendants in a proposed class action lawsuit filed by a Rayonier stockholder who claims the defendants published misleading statements about the company’s business.

September 7, 2017 Endo International PLC and its board of directors are facing a proposed class action lawsuit alleging they misinformed the investing public about their reformulated opioid product that was purportedly resistant to abuse.

September 7, 2017 SciClone Pharmaceuticals, Inc., its board of directors, Silver Biotech Investment Limited, and Silver Delaware Investment Limited are the defendants in a proposed class action lawsuit alleging they misled investors regarding a proposed merger.

August 31, 2017 A stockholder has filed a proposed securities lawsuit against Dryships Inc., two of its chief officers, Kalani Investments Limited, and Murchinson Ltd. and an individual with control of the business.

August 31, 2017 ShoreTel, Inc., its board of directors, Shelby Acquisition Corporation, Mitel US Holdings, Inc. and Mitel Networks Corporation are facing a proposed securities class action over a proposed merger between ShoreTel and Shelby.