On April 1, 2015, a securities class action lawsuit was filed on behalf of purchasers of Boulder Brands, Inc. (NASDAQ: BDBD) common stock. The complaint alleges violations of federal securities laws, including alleging the issuance of materially false and misleading representations to the market which had the effect of artificially inflating the market price of the Company stock beginning December 23, 2013 through October 22, 2014. The lawsuit alleges that the Company failed to disclose that it was experiencing problems with its inventory management and the integration of recent acquisitions, and that the Company’s shift to lower margin products made its previously announced margin improvements unattainable.
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The Securities Fraud Attorneys at Gilman Law have over 35 years of experience in securities litigation. Our Investment Fraud Attorneys focus on cases involving securities litigation, securities fraud, mergers and acquisitions, breach of fiduciary duty and other shareholder disputes.
Class Action Lawsuit Against iDreamSky Technology, Ltd. on Behalf of iDreamSky Technology, Ltd. Investors
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iDreamSky Technology, Ltd. Lawsuit Details
Gilman Law LLP has announced that on April 2, 2015 a federal securities class action lawsuit was filed on behalf of purchasers of iDreamSky Technology, Ltd (NASDAQ: DSKY) common stock. The complaint alleges false and/or misleading statements and/or omissions relating to, among other matters, the substantial reduction of its previously issued earnings guidance for the fourth quarter of 2014, attributing the lowered guidance to areas it had represented as strengths in its IPO prospectus – its ability to monetize its user base and integrate distribution channels.
iDreamSky Technology LTD Lawsuit
Legal Help for iDreamSky Technology Investors
If you purchased or otherwise acquired shares of iDreamSky Technology, you may have legal claims under federal securities laws. You may contact Gilman Law LLP to discuss your rights to recovery of your losses or to obtain additional information.
About Our Investment Fraud Attorneys
The Securities Fraud Attorneys at Gilman Law have over 35 years of experience in securities litigation. Our Investment Fraud Attorneys focus on cases involving securities litigation, securities fraud, mergers and acquisitions, breach of fiduciary duty and other shareholder disputes.
For a free evaluation of your case or to obtain additional information, please complete the Investor Certification or CALL TOLL FREE (888) 252-0048.