New York Securities Litigation
Moore Kuehn regularly investigates publicly traded companies for securities law violations. Current investigations include: resTORbio, Inc. (TORC), Stemline Therapeutics, Inc. (STML), KLX Energy Services (KLXE), Portola Pharmaceuticals, Inc. (PTLA), The Meet Group, Inc. (MEET), Legg Mason Inc. (LM), EQM Midstream Partners, LP (EQM), TerraForm Power, Inc. (TERP), Adesto Technologies Corporation (IOTS), Opus Bank (OPB), Business First Bancshares Inc. (BFST), Front Yard Residential Corporation (RESI), FGL Holdings (FG), Taubman Centers, Inc. (TCO), Forescout Technologies, Inc. (FSCT), Qumu Corporation (QUMU), Stein Mart, Inc. (SMRT), AquaVenture Holdings Limited (WAAS), CenterState Bank Corporation (CSFL), Delphi Technologies PLC (DLPH), Gilat Satellite Networks (GILT), Telaria, Inc. (TLRA), Neon Therapeutics, Inc. (NTGN), Hexcel Corporation (HXL), Franklin Financial Network (FSB), Wright Medical Group (WMGI), Primo Water Corporation (PRMW), Dermira, Inc. (DERM), Cincinnati Bell (CBB), The Habit Restaurants (HABT), KEMET Corp. (KEM), Synthorx, Inc. (THOR), LogMeIn, Inc. (LOGM), TD Ameritrade (AMTD), Tech Data Corp. (TECD), MutualFirst Financial (MFSF), Liberty Property Trust (LPT), Proteon Therapeutics (PRTO), Ra Pharmaceuticals (RARX), Carolina Trust BancShares (CART), Highlands Bankshares (HLND), SRC Energy, Inc. (SRCI), Achillion Pharmaceuticals, Inc. (ACHN), Arotech Corporation (ARTX), Vitamin Shoppe, Inc. (VSI), Jagged Peak Energy Inc. (JAG), Roan Resources, Inc. (ROAN), Milacron Holdings Corp. (MCRN), Ecology & Environmental, Inc. (EEI), Pivotal Software, Inc. (PVTL), Dova Pharmaceuticals, Inc. (DOVA), Genomic Health, Inc. (GHDX), Carbonite, Inc. (CARB), Oritani Financial Corp., (ORIT), Wesco Aircraft Holdings, Inc. (WAIR), Carbon Black, Inc. (CBLK), and Gannett Co., Inc. (GCI). Shareholders of these companies should contact fmoore@moorekuehn.com or jkuehn@moorekuehn.com.
Moore Kuehn recovers assets for investors and holds defendants accountable for misrepresenting important information to investors. The attorneys at Moore Kuehn have been involved in every step of the securities litigation process, from researching the underlying facts surrounding the fraud and tracking the stock’s losses over the relevant period to applying for lead plaintiff, defending against dispositive motions, having a class certified, and ultimately obtaining relief for the class.
Why Choose Moore Kuehn?
- Our New York securities litigation attorneys are focused on the needs of our clients.
- We tailor our legal strategies to your unique case.
- When we represent you in a securities litigation matter, you will always have direct access to your lawyer.
What Is Securities Litigation?
Securities litigation is a highly specialized, multifaceted legal practice area that involves any fraudulent or negligent activities undertaken in large-scale business deals. Securities laws are complex, and cases typically involve sensitive matters. Securities claims are typically high stakes with substantial damage awards.
Types of Securities Litigation
A variety of events can give rise to securities litigation. These types of cases usually fall into one of several basic categories.
Securities Fraud
This type of lawsuit provides a means for investors to recover losses resulting from corporate fraud, which may involve mismanagement or accounting fraud.
- Class actions: Securities class action lawsuits are filed on behalf of a group of investors who have suffered economic loss because of securities regulation violations or corporate fraud. These actions may enable investors to recover losses purchased within a particular class period – the period of time during which fraud inflated the share price artificially. The court appoints a member of the class as lead plaintiff to represent the interests of the class. The lead plaintiff in a securities class action selects lead counsel and helps direct the progress of litigation.
- Opt-out cases: For certain investors, losses may be so substantial that it is not in their best interests to remain in a class action. In such cases, an individual lawsuit may be filed on behalf of the investor.
Mergers and Acquisitions (Deal Cases)
When putting a company up for sale, corporate executives must ensure that the process used to shop the company as well as the share price is unbiased and fair. Deal class action cases arise when corporate executives breach their duty to maximize shareholder value when a merger or takeover occurs. Deal cases are filed against sellers, buyers, officers, directors, and financial institutions. Plaintiffs are investors seeking to:
- Increase the sale price
- Remove coercion
- Obtain full disclosure of key facts
Shareholder Derivative Cases
This type of lawsuit is filed by shareholders (who held shares at the time the offense occurred) on behalf of the corporation against an inside officer or director who has a fiduciary duty to maximize shareholder value. Most shareholder derivative lawsuits are seeking improvements in corporate governance. Plaintiffs seek to:
- Stop waste of corporate assets
- Restore shareholder value
- Establish better corporate governance
In some shareholder derivative actions, plaintiffs are also seeking to recover economic losses that occurred as a result of negligent management, conflict of interest, or insider self-dealing.
Events that May Give Rise to Securities Litigation
Different types of events can lead to securities class actions, breach of fiduciary duty claims, or shareholder derivative lawsuits. Examples include:
- Restatement of past financial results
- External reports of corruption
- Product liability claims against the company
- False and misleading operations statements
- Corporate bankruptcy
Contact Moore Kuehn Today
Our New York attorneys at Moore Kuehn have extensive experience representing shareholders in securities litigation matters. We have worked on both sides of the docket, which gives particular insight into the approach of the defense.
Our firm has never lost a case. Contact us today for high-quality representation in securities litigation matters, including shareholder derivative, securities fraud, or deal case lawsuits.