by Tim Miles | Jan 16, 2020 | Shareholder Derivative Actions
Sarepta Therapeutics, Inc. (SRPT) Accused of Misleading Shareholders According to the complaint for alleged violations of the Securities Exchange Act of 1934 between September 6, 2017 and August 19, 2019, in September 2017, Sarepta Therapeutics, Inc. (SRPT) announced...
by mileslaw | Jul 3, 2019 | Shareholder Derivative Actions
(N.D. Cal.) (Ilston, J.) (Co-Lead Counsel) (settlement which secured significant governance reforms and corporate initiatives, including $36.5 million in funding for homeownership down-payment assistance in communities affected by the financial crisis and high...
by mileslaw | Jul 3, 2019 | Shareholder Derivative Actions
(MANx) (C.D. Cal.) (Plaintiff’s Counsel). The firm served as Plaintiffs’ Counsel in this shareholder derivative action arising from the backdating of stock options. The case resulted in a settlement including extensive corporate governance reforms, financial...
by mileslaw | Jul 3, 2019 | Shareholder Derivative Actions
(W.D. Wash.) (Plaintiff’s Counsel). Mr. Miles served as Plaintiff’s counsel in this shareholder derivative action brought on behalf of Costco Wholesale Corporation alleging breaches of fiduciary duty and other violations of law arising from the backdating of stock...
by mileslaw | Jul 3, 2019 | Shareholder Derivative Actions
(D. Mass.) (Lindsay, J.) (Co-Lead Counsel). Mr. Miles served as Co-Lead Counsel in this derivative action which resulted in a settlement with the company’s board of directors agreeing to implement numerous and sweeping corporate governance changes.
by mileslaw | Jul 3, 2019 | Shareholder Derivative Actions
(N.D. Ga.) (Thrash, J.) (Co-Lead Counsel). Mr. Miles served as Co-Lead Counsel and on Plaintiffs’ Executive Committee in this shareholder derivative action in which the Court denied in most aspects defendants motions to dismiss the action. See In re AFC...