SunEdison, Inc. Securities Litigation

June 11, 2019. Parties in the SunEdison Securities matter (Eastern District of Missouri) reached an agreement to settle the case for $74 million. Plaintiffs had alleged that SunEdison, Inc. made material misrepresentations and omissions regarding the Company’s liquidity and debt burden as it undertook aggressive expansion and acquisitions. Professor Steven Feinstein of Babson College and […]

American Realty Capital Properties Inc. Securities Litigation

September 10, 2019. Parties in the American Realty Capital Properties securities litigation (Southern District of New York) reached an agreement to settle the case for $1.02 billion. American Realty Capital Properties currently known as Vereit. Plaintiffs had alleged that American Realty Capital Properties, Inc. engaged in fraudulent accounting over several years and made materially false […]

Banc of California, Inc. Securities Litigation

October 31, 2019. Parties in the Banc of California securities matter (Central District of California) reached an agreement to settle the case for $19.75 million. Plaintiffs had alleged material misrepresentations and omissions regarding business relationships between the Company, its executives, and a convicted securities fraudster. Professor Steven Feinstein of Babson College and Crowninshield Financial Research […]

Urban Outfitters, Inc. Securities Litigation

On 21 December 2015, parties in the Urban Outfitters, Inc. securities litigation reached an agreement to settle the case. CFR provided analysis of market efficiency in the case.

Groupon Securities Litigation

On February 12, 2016, parties in the Groupon, Inc. securities litigation reached an agreement to settle the case. CFR provided analyses of market efficiency, loss causation, and damages for the case.

JPMorgan Chase & Co. Securities Litigation

On 21 December 2015, parties in the JPMorgan Chase & Co. securities litigation reached an agreement to settle the case for $150 million. CFR provided analysis of market efficiency for the case.

General Motors Securities Litigation

On 13 November 2015, parties in the General Motors securities litigation reached an agreement to settle the case for $300 million. CFR provided analysis of loss causation and damages for the case.