Category Archives: Current Lawsuits & Investigations

Current Investment Fraud Lawsuits and Current Investment Fraud Investigations

CELLADON CORPORATION LAWSUIT (CLDN)

Class Action Lawsuit on Behalf of Celladon Corporation Investors

JOIN THE CELLADON CORPORATION LAWSUIT: CLICK HERE TO RECOVER YOUR LOSSES AND OBTAIN AN INVESTOR CERTIFICATION

Celladon Corporation Lawsuit Details
Gilman Law LLP has announced that on July 10, 2015 a federal securities class action lawsuit was filed on behalf of purchasers of Celladon Corporation (NASDAQ: CLDN) common stock between July 7, 2014 and June 25, 2015. The complaint alleges false and/or misleading statements and/or omissions relating to, among other matters, the company boosting stock prices that dropped after the CEO resigned and the company announcing it was suspending the development of Mydicar, its heart therapy drug. The plaintiff also claims the company’s inflated stock price allowed company insiders to profit. Former CEO Krisztina Zsebo sold 226,397 shares for over $4.1 million and Corporate Operations VP Rebecque Laba sold 79, 012 shares for $1.3 million. On April 26, 2015, Celladon announced that the gene therapy had not met its trial goals causing the stock to fall to $13.68. On June 1, 2015, the company announced it was seeking to sell or merge its business and that Zsebo had resigned as CEO. As a result of these announcements, Celladon stock fell further to close at $1.35 on June 26, 2015.

Celladon Corporation Lawsuit

Celladon Corporation Lawsuit

About Our Investment Fraud Attorneys
TheSecurities 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.

CORMEDIX, INC. LAWSUIT (CRMD)

Class Action Lawsuit on Behalf of CorMedix Investors

JOIN THE EDISON INTERNATIONAL LAWSUIT: CLICK HERE TO RECOVER YOUR LOSSES AND OBTAIN AN INVESTOR CERTIFICATION

CorMedix Lawsuit Details
Gilman Law LLP has announced that on July 7, 2015 a federal securities class action lawsuit was filed on behalf of purchasers of CorMedix, Inc. (NASDAQ: CRMD) common stock between March 12, 2011 and June 29, 2015. The complaint alleges false and/or misleading statements and/or omissions relating to, among other matters, the company’s deception of investors about the market potential of its sole product-Neutrolin and failure to inform investors of some company founders facing prior fraud allegations. According to the complaint, the online investment newsletter, Seeking Alpha, ran a story that stated Neutrolin’s performance in clinical trials was greatly overstated and that CorMedix used stock promoters to inflate the company’s share price. The article also stated some company founders had faced fraud accusations in the past. As a result of the article, CorMedix fell 81 cents, over 16.6%, to close at $4.05 on June 29, 2015.

CorMedix Lawsuit

CorMedix Lawsuit

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.

EDISON INTERNATIONAL LAWSUIT (EIX)

Class Action Lawsuit on Behalf of Edison International Investors

JOIN THE EDISON INTERNATIONAL LAWSUIT: CLICK HERE TO RECOVER YOUR LOSSES AND OBTAIN AN INVESTOR CERTIFICATION

Edison International Lawsuit Details
Gilman Law LLP has announced that on July 6, 2015 a federal securities class action lawsuit was filed on behalf of purchasers of Edison International (NASDAQ: EIX) common stock alleging the company risked its $3.3 billion settlement with the California Public Utilities Commission (“CPUC”) over the shutdown of a leaky nuclear reactor by covering up improper contact with the agency. The plaintiff accuses Southern California Edison, Edison International’s largest subsidiary, of causing the company’s stock values to drop amid reports of ex parte meetings about the settlement. The complaint explains that Edison failed to disclose the meeting of its executives and CPUC decision makers in the run-up to the settlement over the malfunctioning reactor, and now that is information is public, share values have dropped and the settlement is in danger. As a result of the meetings becoming public, Edison International fell to $56.07 On June 24, 2015 from $62.00 per share before the information on the secret meetings became public in May, 2015.

Edison International Lawsuit

Edison International Lawsuit

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.

QUALCOMM INC. LAWSUIT (QCOM)

Class Action Lawsuit on Behalf of Qualcomm, Inc. Investors

JOIN THE QUALCOMM, INC. LAWSUIT: CLICK HERE TO RECOVER YOUR LOSSES AND OBTAIN AN INVESTOR CERTIFICATION

Qualcomm, Inc. Lawsuit Details
Gilman Law LLP has announced that on June 19, 2015 a federal securities lawsuit was filed on behalf of an investor in Qualcomm, Inc. (NASDAQ: QCOM). The complaint alleges the company’s directors allowed the bribery of Chinese officials which lead to a Foreign Corrupt Practices Act investigation by federal agents. The company said it discovered gifts and other benefits totaling no more than $250,000 to several people associated with Chinese state owned companies. The lawsuit seeks to recover damages stemming from the alleged misconduct and to force the company to make improvements of its corporate governance and internal procedures to ensure that similar events will not happen in the future.

Qualcomm, Inc. Lawsuit

Qualcomm, Inc. Lawsuit

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.

LIFELOCK, INC. LAWSUIT (LOCK)

Class Action Lawsuit on Behalf of LifeLock, Inc. Investors

LifeLock, Inc. Lawsuit Details
Gilman Law LLP has announced that on July 22, 2015 a federal securities class action lawsuit was filed on behalf of purchasers of LifeLock, Inc. (NASDAQ: LOCK) common stock between July 40, 2014 and July 20, 2015. The complaint alleges false and/or misleading statements made by the company in which it stated they were in compliance with a 2010 settlement with the Federal Trade Commission (“FTC”) regarding the company’s advertising and its business and services explaining the violations subject to the 2010 settlement were based on past practices and technology. The plaintiff states the company was not in compliance with the FTC settlement, nor did the technology match up to what the company claimed in its advertising. On July 21, 2015, the FTC issued a press release stating LifeLock violated the 2010 settlement with the agency and 35 state attorneys general by continuing to falsely advertise its identity theft protection services and not taking steps required to protect its customer’s data. On this news, LifeLock shares declined $7.91 per share, nearly 50%, to close on July 21, 2014 at $8.15 per share.

LifeLock, Inc. Lawsuit

LifeLock, Inc. Lawsuit

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.

KEURIG GREEN MOUNTAIN INC. LAWSUIT (GMCR)

Class Action Lawsuit on Behalf of Keurig Green Mountain, Inc. Investors

Keurig Green Mountain Inc. Lawsuit Details
Gilman Law LLP has announced that federal securities class action lawsuit have been filed on behalf of purchasers of Keurig Green Mountain, Inc. (NASDAQ: GMCR) common stock between February 4, 2015 and May 14, 2015. The complaints allege false and/or misleading statements made by the company’s top executives relating to the sales projections of a new larger capacity brewer and the release of a cold-drink system. The plaintiff states that in February, 2015 the company projected net sales growth in the midsingle digits for the 2nd quarter. Also, CEO Brian P. Kelly told analysts during a conference call that Keurig Kold was on track to be released later in the year. When Keurig’s second quarter numbers were reported in early May of 2015, the net sales growth was just 2%, causing shares to drop more than 9% to $98.16. Keurig’s shares were hit again a week later then the company announced during a webcast that the Keurig Kold would be available online and in select stores in the fall but not available in all retail stores until 2016. Upon this news, Keurig’s stock fell 8% to close at $94.26.

Keurig Green Mountain Inc. Lawsuit

Keurig Green Mountain Inc. Lawsuit

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.

CATERPILLAR INC. LAWSUIT (CAT)

Class Action Lawsuit on Behalf of Caterpillar Inc. Investors

Caterpillar Inc. Lawsuit Details
Gilman Law LLP has announced that on June 9, 2015 a federal securities lawsuit was filed on behalf of a shareholder in Caterpillar Inc. (NASDAQ: CAT). The complaint alleges the company’s board failed to disclose a tax evasion scheme by auditor PricewaterhouseCoopers. The lawsuit points to a May 2 proxy statement which voted to keep PricewaterhouseCoopers as the company’s auditor following the 2014 Senate committee report that found Caterpillar created a Swiss entity to move $8 billion in profits thereby avoiding $2.4 billion in U.S. taxes. Plaintiff contends that the company did not disclose key information relating to the alleged wrongdoings of PricewaterhouseCoopers as it helped Caterpillar keep its books.

Caterpillar Inc. Lawsuit

Caterpillar Inc. Lawsuit

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.

BOULDER BRANDS, INC. LAWSUIT (BDBD)

Class Action Lawsuit Against Boulder Brands, Inc. on Behalf of Boulder Brands, Inc. Investors

 Boulder Brands, Inc. Lawsuit Details

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.

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.

iDreamSky Technology LTD Lawsuit

iDREAMSKY TECHNOLOGY LTD LAWSUIT

Class Action Lawsuit Against iDreamSky Technology, Ltd. on Behalf of iDreamSky Technology, Ltd. Investors

JOIN THE iDREAMSKY TECHNOLOGY LTD LAWSUIT CLICK HERE TO RECOVER YOUR LOSSES AND OBTAIN AN INVESTOR CERTIFICATION

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.

ALTISOURCE RESIDENTIAL CORPORATION LAWSUIT

ALTISOURCE RESIDENTIAL CORPORATION LAWSUIT (RESI)

Class Action Lawsuit Against Altisource Residential Corporation on Behalf of Altisource

Residential Corporation Investors

JOIN THE ALTISOURCE RESIDENTIAL CORPORATION LAWSUIT CLICK HERE TO RECOVER YOUR LOSSES AND OBTAIN AN INVESTOR CERTIFICATION

Altisource Residential Corporation Lawsuit Details
On March 27, 2015, a securities class action lawsuit was filed on behalf of purchasers of Altisource Residential Corporation (NASDAQ: RESI)) 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 February 7, 2013 through January 23, 2015. The lawsuit alleges that Altisource Residential Corporation made materially false statements regarding the Company’s relationship with Ocwen Financial Corporation and the risks relating to its relationship with Ocwen.

Altisource Residential Corporation Lawsuit

Altisource Residential Corporation Lawsuit

Legal Help for Altisource Residential Corporation Investors
If you purchased or otherwise acquired shares of Altisource Residential Corporation, 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.