November 24, 2021 Meta Platforms faces a class action over its alleged failure to disclose to investors the results of internal studies that indicated Instagram use was harmful to teenage users.
November 24, 2021 A lawsuit claims Peloton investors were financially injured when alleged misrepresentations regarding its growth and inventory reporting were shown to be false.
November 23, 2021 A proposed class action claims AppHarvest, Inc. made material misrepresentations and omissions to investors regarding its business operations and prospects.
November 18, 2021 Zillow faces a securities class action following the announcement that it will wind down its Zillow Offers home-flipping business.
November 17, 2021 A class action alleges Meta has falsely touted its ability and commitment to prevent the spread of misinformation, criminal activity and other toxic content while concealing its alleged dependence on that content.
November 9, 2021 A class action alleges ON24’s IPO registration statement contained materially incorrect/misleading statements, or left out certain information the company was required by law to disclose.
November 1, 2021 A class action claims Canadian oil and gas company Reconnaissance Energy Africa misled investors with regard to its drilling prospects in Namibia and Botswana.
October 29, 2021 Facebook faces a class action over a number of stock-price drops allegedly linked to recent whistleblower revelations.
![Lawsuit Alleges Goldman Sachs, Morgan Stanley Avoided Billions in Losses Selling Vipshop Shares on Non-Public Info [DISMISSED]](/media/newswire-thumb-goldman-sachs.jpg)
October 15, 2021 A class action alleges Goldman Sachs and Morgan Stanley avoided billions in losses by selling shares in Vipshop to “unsuspecting and unwitting” public shareholders based on non-public information.
October 15, 2021 A class action alleges Hyzon Motors and its top officers issued materially false and/or misleading statements.
October 12, 2021 Eargo faces a class action over an apparent stock-price drop an investor alleges was linked to the news of a DOJ probe into insurance reimbursement claims.
September 22, 2021 A lawsuit claims The Honest Company misled investors ahead of its IPO by failing to disclose the extent to which business operations had been negatively impacted by the pandemic.
September 16, 2021 The Boston Beer Company and its top brass face a class action over stock-price drops allegedly linked to the parties’ non-disclosure of “decelerating” Truly Hard Seltzer sales.
August 18, 2021 A lawsuit against Philips has been filed in the wake of a drop in stock price triggered by the company’s recall of certain sleep and respiratory care devices.
![Activision Blizzard Hit with Stock-Drop Class Action in Wake of Calif. Workplace Discrimination Lawsuit [UPDATE]](/media/newswire-thumb-activision-blizzard.png)
August 9, 2021 A class action alleges Activision Blizzard injured investors financially by failing to disclose and misrepresenting that it had fostered a hostile workplace culture.
July 29, 2021 A stock-price drop is the subject of a class action wherein an investor alleges Coinbase and its leadership did not have the capital or certain operational capabilities they claimed to possess in the run-up to the company going public.
July 20, 2021 RenovaCare faces a lawsuit that claims investors were injured by a drop in stock price following an announcement that the firm was being charged with securities fraud.
July 8, 2021 A class action alleges DraftKings failed to disclose that a company it acquired by way of a merger had “a history of unlawful operations."
June 11, 2021 A class action claims Washington Prime Group misled investors as to the real estate investment trust’s financial health, triggering multiple drops in stock price.
June 10, 2021 A class action alleges the Kingdom Trust Co. knowingly provided substantial assistance to a Ponzi scheme broken up by the U.S. Securities and Exchange Commission in 2018.
June 3, 2021 COVID-19 vaccine manufacturer Emergent BioSolutions faces a securities class action over "misrepresentations and omissions" about quality control problems at its Baltimore facility.
May 14, 2021 A lawsuit claims Lordstown investors were financially injured following reports that the company had overstated prospects for its electric pickup and a subsequent drop in stock.
May 3, 2021 A class action looks to represent those who bought or otherwise acquired Volkswagen stock during the two days in March in which the automaker claimed it would change its name to “Voltswagen.”
April 30, 2021 A class action alleges Peloton Interactive has issued “materially false and/or misleading statements” with regard to safety concerns surrounding the company’s Tread+ treadmill.
April 20, 2021 Franklin misled investors regarding apparent battery issues in its hotspot devices that were eventually recalled, triggering a drop in stock price and injuring investors, a lawsuit alleges.
April 16, 2021 A class action alleges Vroom, Inc. and its CEO and CFO have issued over roughly the last year “materially false and/or misleading statements" with regard to the company's business.
April 14, 2021 CytoDyn and its CEO and CFO face a class action over what investors call the biotech company’s “aggressive” hyping of its potential HIV therapy Leronlimab as a possible treatment for COVID-19.
April 9, 2021 A class action alleges Robinhood defrauded those who placed orders on the brokerage platform between Sept. 2016 and June 2019 by concealing the practice of routing orders to a group of outside trading firms in exchange for compensation.
February 18, 2021 A class action claims FuboTV Inc. harmed investors financially after a series of negative research reports triggered a drop in the company’s stock price.
February 18, 2021 A class action alleges a Reddit, YouTube and Twitter user posed as an amateur investor in order to boost the price of GameStop stock, and that his former employers should have monitored his activity.
February 12, 2021 A lawsuit claims AstraZeneca harmed investors financially by misleading them with regard to the results of clinical trials for its COVID-19 vaccine candidate.
February 3, 2021 Tyson Foods faces a securities class action that alleges investors were harmed financially by the food processor's inadequate response to the coronavirus pandemic.
January 27, 2021 A class action claims Penumbra shareholders were injured by stock price drops following reports of safety concerns and the recall of the Jet 7 Xtra Flex aspiration catheter.
January 21, 2021 Walmart faces a class action centered on a drop in stock price in the wake of the retailer being sued by the U.S. Dept. of Justice for its apparent role in the opioid epidemic.
January 20, 2021 Robinhood faces another class action over its apparent failure to disclose that the majority of its revenue comes from high rates of payment for order flow.
![Maker of Panned Cyberpunk 2077 Game Hit with Class Action Lawsuit Over Stock Price Drop [UPDATE]](/media/cyberpunk-2077-newswire-thumb.jpg)
January 11, 2021 The developer behind Cyberpunk 2077 has faces a stock-drop class action after the "virtually unplayable" game was pulled from online stores.
January 5, 2021 SolarWinds faces a securities class action in the wake of an alleged foreign nation-backed cyber attack on U.S. government departments.
January 4, 2021 [UPDATE] A class action alleges Robinhood has misled novice users into executing inferior trades by failing to disclose that its revenue relies heavily on "payment for order flow" from market makers in exchange for executing trades.
December 10, 2020 A class action claims Minerva Neurosciences stockholders were misled by the company as to the outcome of clinical trials for a schizophrenia drug candidate.
November 17, 2020 A class action alleges Alibaba Group investors were harmed financially when fintech affiliate Ant Group's historic IPO was suspended.
October 15, 2020 A class action claims Royal Caribbean harmed investors by issuing between Feb. and Mar. 2020 false and/or misleading statements concerning sagging cruise bookings outside of China and RC's ability to contain the spread of coronavirus.
October 2, 2020 Peabody Energy Corp. materially misled stockholders with regard to the safety practices and production output at its most profitable coal mine, a lawsuit claims.
September 24, 2020 Nikola Corporation faces a securities class action in the wake of a short seller's report characterizing the hydrogen-electric vehicle maker as "an intricate fraud."
August 28, 2020 A proposed class action claims Fastly, Inc. failed to disclose to investors that its largest customer was the Chinese company behind the controversial TikTok app.
![Blink Charging Company Hit with Securities Suit After Analyst Reports Triggered Stock Drop [UPDATE]](/media/newswire-thumb-blink-charging-company.png)
August 28, 2020 Blink faces a class action that claims investors were harmed financially after it was revealed the company misrepresented its electric car charging network.
August 26, 2020 A class action alleges Vaxart and Armistice Capital participated in a "pump and dump" scheme whereby they boosted stock prices on the back of multiple false COVID-19 vaccine proclamations.
August 20, 2020 Genius Brands faces a lawsuit in which an investor claims stockholders have been harmed financially by the company's misstatements and a resulting drop in stock price.
August 17, 2020 Eastman Kodak Co. and its CEO and CFO face a class action after a $765M federal loan to produce COVID-19 drug materials was paused over concerns of alleged insider trading.
July 31, 2020 An Intel investor claims a drop in stock price is linked to the company’s failure to disclose impending production delays for its 7-nanometer CPU technology.
July 10, 2020 Wirecard AG, former execs and auditor Ernst & Young face a securities class action in the wake of the global payment processor's collapse.
