Articles from Grant & Eisenhofer P.A.

Today, Grant & Eisenhofer P.A. filed a class action lawsuit on behalf of King P. Coles, II against Atkore, Inc. (“Atkore” or the “Company”), Atkore’s CEO William E. Waltz, Atkore’s former CFO David P. Johnson, and Atkore’s CFO John M. Deitzer (collectively, the “Defendants”). The action alleges that Defendants defrauded investors by making materially false and/or misleading statements and failing to disclose materially adverse facts about the Company’s business, operations and prospects. Specifically, the complaint alleges that Atkore’s reported financial results were distorted by a price fixing scheme that artificially inflated the prices of Atkore’s polyvinyl chloride (“PVC”) pipes.

Law firms Grant & Eisenhofer and Levi & Korsinsky issued the following statement regarding that disposition of investor class action AST SpaceMobile, Inc., Stockholders Litigation:

Institutional investor City of Riviera Beach Police Pension Fund filed a class action lawsuit today against Target Corporation (“Target” or the “Company”), Target’s CEO Brian C. Cornell, and current and former members of Target’s Board of Directors, David P. Abney, Douglas M. Baker, Jr., George S. Barrett, Gail K. Boudreaux, Robert L. Edwards, Melanie L. Healey, Donald R. Knauss, Christine A. Leahy, Monica C. Lozano, Grace Puma, Derica W. Rice, and Dmitri L. Stockton.

Institutional investor Operating Engineers Construction Industry Miscellaneous Pension Fund filed a class action lawsuit today against MGP Ingredients, Inc. (NASDAQMGPI) (“MGPI” or the “Company”), David Colo, David S. Bratcher, and Brandon M. Gall, alleging they defrauded investors by issuing false and misleading statements concerning the state of MGPI’s business and financial results with regards to selling hard spirits and overstocking products.

Institutional investor and union pension fund Plaintiff Michiana Area Electrical Workers’ Pension Fund filed a class action lawsuit today against Inari Medical, Inc. (“Inari” or the “Company”), William Hoffman, Andrew Hykes, and Mitch C. Hill, alleging they defrauded investors by issuing false and misleading statements concerning Inari’s business, operations, and prospects, particularly with regard to the Company’s financial results and the success of its product sales.

Leading plaintiffs law firm Grant & Eisenhofer announced it represents U.S. military service members and their families who have been exposed to contaminated water at Camp Lejeune, the Marines’ enormous training facility in Jacksonville, N.C.

Grant & Eisenhofer P.A. filed a securities class action lawsuit on May 27, 2022 in the U.S. District Court for the Northern District of California. The lawsuit was filed on behalf of a proposed class consisting of all investors who purchased Netflix, Inc. (“Netflix” or the “Company”) (NASDAQNFLX) common stock between January 19, 2021 and April 19, 2022, inclusive (the “Class Period”). This action extends the Class Period to begin prior to the October 19, 2021 start date alleged in the initial class action complaint filed against Netflix and certain of its executives for certain misconduct (described below) on May 3, 2022, styled as Pirani v. Netflix, Inc., et al., Case No. 4:22-cv-02672 (N.D. Cal.).

Leading plaintiffs law firm Grant & Eisenhofer has filed suit in California state court against Monsanto Co., maker of the herbicide Roundup, on behalf of Sacramento-area resident Michael Langford, who asserts his non-Hodgkin’s lymphoma and other cancers were caused by decades-long exposure to Roundup’s chemical ingredients, notably glyphosate.