Nationwide Class Action Law Firm
Yes, hiding known cyber risks can count as securities fraud when your silence misleads investors about the company’s true exposure. If you fail to disclose a data breach or a serious vulnerability, you turn a technical issue into a legal one. Investors depend on...
In a recent hearing before the Delaware Court of Chancery, the complexities and potential pitfalls of Special Purpose Acquisition Company (SPAC) transactions were brought to light in the case involving Stem, Inc., formerly known as Star Peak Energy Transition Corp....
Whistleblowers often provide insider knowledge to help identify fraudulent activities within companies. Their disclosures can provide important information about complex schemes that might otherwise remain hidden from regulators and the public. These contributions are...
Leaking shower drains may be defective This Alert Affects: Anyone who has installed a Schluter®-Kerdi Line Drain in a shower in their home (or other property) and experienced a failure that caused leaking may be able to pursue a claim for damages in a proposed class...
A fiduciary duty requires financial advisors to act in their clients’ best interests at all times. When that duty is violated, the consequences extend beyond financial loss—it can also break the trust that forms the foundation of the advisor-client relationship. This...
When you invest in a publicly traded company, you’re not doing it blind. That’s because securities laws require these companies to share material facts with you — facts that an investor would consider important when deciding whether to buy, hold, or sell a stock. And...
In recent years, the rise of artificial intelligence (AI) has sparked excitement and innovation across various industries. However, this enthusiasm has also led to a troubling trend known as "AI washing," where companies exaggerate or falsely claim the capabilities of...
Securities fraud class actions are legal proceedings where a group of investors collectively sues a company for knowingly making false and misleading statements about publicly traded securities (i.e., common stock and corporate bonds). These cases typically arise when...
The Edelson Lechtzin LLP law firm filed a lawsuit on behalf of construction workers who allege that their employer, North-East Deck & Steel Supply, failed to pay them prevailing wages on public works projects and required them to perform off-the-clock tasks that...
Edelson Lechtzin LLP is pleased to announce that U.S. District Judge Rodolfo A. Ruiz II of the Southern District of Florida has approved a $38 million settlement of our class action lawsuit against Eckert Seamans Cherin & Mellott LLC, which served as the legal...