Sentences with phrase «facing shareholder lawsuits»
Facebook is also facing shareholder lawsuits and a probe by the FTC into the data misuse scandal, among others.
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Facebook is also facing shareholder lawsuits and a probe by the FTC into the data misuse scandal, among others.
Additionally, the company is facing a shareholder lawsuit alleging that it hid its manufacturing delays from investors.
K12 Inc. is even facing a shareholder lawsuit for misrepresenting its performance to its shareholders.
Mr. Mah in the comments kindly linked to this story about how Lululemon is facing a shareholders lawsuit alleging it hid knowledge of the defects in the yoga pants that made them sheer.
Not exact matches
The settlement with the Federal Trade Commission is the latest setback for Uber, which is facing a divided board of directors and angry shareholders after an investor lawsuit was filed against the company's ousted chief executive.
Wells Fargo is also facing lawsuits from former employees, shareholders, and customers.
And Facebook is now facing multiple shareholder and user lawsuits.
The board of directors of Las Vegas - based Wynn Resorts is facing mounting lawsuits from shareholders — including the NYS pension fund — who allege they breached their fiduciary duties when they ignored what has been described as a longstanding pattern of sexual abuse and harassment by the company's founder, Steve Wynn.
In addition to possible federal litigation, legal experts have said Exxon also could face lawsuits from states, private plaintiffs in the U.S. or abroad, or shareholders.
ExxonMobil now faces the prospect of civil lawsuits and possible criminal penalties, for allegedly suppressing its internal awareness about the serious risk to the environment as well as to shareholder value, from climate change caused by the burning of fossil fuels.
In essence, if a director or officer fails to ensure that the company discloses adverse material information, then they will likely be faced with a class action lawsuit by shareholders who bought shares in the secondary market during the time period when the information was not disclosed.
And Facebook is now facing multiple shareholder and user lawsuits.
Mills is facing several shareholder lawsuits related to its restatement of financial reports from 2000 to 2005, including one by the company's founder and former CEO Herbert S. Miller.
Centro faces a similar lawsuit filed by its domestic litigation funding firm IMF Australia Ltd., which represents shareholders who purchased the company's stock between Aug. 7, 2007, when the New Plan deal closed, and Feb. 15, 2008.