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Shareholder Alerts

Our Most recent news, and featured press stories.

Investigation of Lyft, Inc.

Lyft, Inc. (LYFT) Accused of Inflating its IPO Price    According to the complaint for alleged violations of the Securities and Exchange Act of 1933, Lyft, Inc. (LYFT) held its IPO in March 2019, offering its stock at $72.00 per share for anticipated total proceeds of over $2 billion.  In the immediate wake of the IPO, Lyft’s stock...

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Investigation of Welbilt, Inc.

Welbilt, Inc. (WBT) Restates Consolidated Financial Statements due to Material Weakness Relating to Income Taxes According to allegations, on November 5, 2018, the company filed a report with the U.S. Securities and Exchange Commission titled “Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim...

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Investigation of Portola Pharmaceuticals

Portola Pharmaceuticals, Inc. (PTLA) Accused of Misleading Shareholders According to the complaint for alleged violations of the Securities Exchange Act of 1934 between November 5, 2019 and January 9, 2020, throughout the relevant period, Portola Pharmaceuticals, Inc. (PTLA) had issued a series of misleading statements that failed to disclose...

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Investigating of Match Group, Inc. (MTCH)

The Law Offices of Timothy L. Miles Is Investigating the Officers and Directors of Match Group, Inc. (MTCH) on Behalf of Shareholders; Match Shareholders Urged to Contact the Firm The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, is investigating whether certain officers and/or...

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Investigation of Spirit AeroSystems Holdings, Inc.

The Law Offices of Timothy L. Miles Is Investigating the Officers and Directors of Spirit AeroSystems Holdings, Inc. (SPR) on Behalf of Shareholders On January 30, 2020, Spirit issued a press release entitled "Spirit AeroSystems Announces Finance Organization Leadership Transition." Therein the Company disclosed that it had "received information...

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Investigation of Beyond Meat, Inc.

Beyond Meat Inc. (BYND) Accused of Breach of Contract and Fraud  According to the complaint for alleged violations of the Securities Exchange Act of 1934 between May 2, 2019 and January 27, 2020, in 2014, Beyond Meat Inc. (BYND) entered into an exclusive supply agreement with Don Lee Farms (“Don Lee”) to produce all of Beyond Meat’s...

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Investigation of iRobot Corporation

iRobot Corp. (IRBT) Accused of Channel-Stuffing Following iRobot’s acquisition of two major industry distributors, iRobot Corp. (IRBT) reported explosive, double-digit revenue growth, with its officers and directors attributing its strong performance to growing demand for the Roomba line of products, expanded gross margin, and technological...

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Investigation of Opera Limited

Opera Limited (OPRA) Accused of Misleading Investors in IPO According to the complaint for violations of the Securities Exchange Act of 1934 between July 27, 2018 and January 15, 2020 , Opera Limited (OPRA) completed its IPO on August 9, 2018, offering 9.6 million American Depositary Shares (“ADSs”) at $12.00 per ADS and raising approximately...

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Investigation of Geron Corporation

Geron Corporation Inc. (GERN) Accused of Misleading Shareholders  According to the complaint for alleged violations of the Securities Exchange Act of 1934 between March 19, 2018 and September 26, 2018, Geron Corporation Inc. (GERN) was developing its drug imetelstat in partnership with Janssen Biotech Inc. This partnership was contingent...

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