Douglas v. U.S. District Court ex rel Talk America

Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed on Behalf of DigitalOcean Holdings, Inc. (DOCN) Investors and Encourages Investors to Contact the Firm Before November 13, 2023

Retrieved on: 
Thursday, October 19, 2023

Investors have until November 13, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until November 13, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On August 3, 2023, DigitalOcean announced that it had made errors on previously issued financial statements for the period ended June 30, 2023.
  • On the same day, DigitalOcean filed an amendment to its annual report for the year ended December 31, 2022.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Farfetch Limited (FTCH) Investors

Retrieved on: 
Wednesday, October 25, 2023

Investors have until December 19, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until December 19, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On August 17, 2023, Farfetch announced its Q2 2023 financial results, reporting revenue of approximately $572 million, significantly less than the market consensus of $650.71 million.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
  • The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.

Shareholder Alert: Bernstein Litowitz Berger & Grossmann LLP Announces the Filing of Securities Class Action Lawsuit Against AdaptHealth Corp.

Retrieved on: 
Tuesday, October 24, 2023

BLB&G filed this action on behalf of its client, Allegheny County Employees’ Retirement System, and the case is captioned Allegheny County Employees’ Retirement System v. AdaptHealth Corp., No.

Key Points: 
  • BLB&G filed this action on behalf of its client, Allegheny County Employees’ Retirement System, and the case is captioned Allegheny County Employees’ Retirement System v. AdaptHealth Corp., No.
  • AdaptHealth is a supplier of home medical equipment for chronic health conditions including diabetes, sleep apnea, and wound care.
  • To facilitate this scheme, AdaptHealth and certain of its senior executives made numerous false and misleading statements to investors during the Class Period.
  • As a result of these misrepresentations, AdaptHealth common stock traded at artificially inflated prices during the Class Period.

FTC Takes Total Wine to Federal Court to Enforce Compliance with Antitrust Civil Investigative Demand

Retrieved on: 
Thursday, October 26, 2023

The Federal Trade Commission today filed a petition seeking a federal court order to force Total Wine to comply with an FTC civil investigative demand (CID), which is a type of administrative subpoena that seeks documents and other information related to an ongoing antitrust investigation.

Key Points: 
  • The Federal Trade Commission today filed a petition seeking a federal court order to force Total Wine to comply with an FTC civil investigative demand (CID), which is a type of administrative subpoena that seeks documents and other information related to an ongoing antitrust investigation.
  • The CID issued to Total Wine is part of an FTC investigation into a different company, Southern Glazer’s Wine & Spirits LLC.
  • Total Wine’s actions have impeded and delayed the FTC’s investigation, forcing the Commission to seek federal court enforcement.
  • Otherwise, the FTC is asking that the Court order Total Wine to produce specified documents and information within 20 days.

FTC Takes Action Against Makers of an ‘Invisible Mask’ They Falsely Claimed Protected Users from COVID-19

Retrieved on: 
Thursday, October 26, 2023

“The defendants’ claims that their products can stand in for approved COVID-19 vaccines are bogus,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.

Key Points: 
  • “The defendants’ claims that their products can stand in for approved COVID-19 vaccines are bogus,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • For example, the defendants claimed their product “uses quantum theory technology, combines known virus and bacteria killing compounds.
  • The complaint also alleges the defendants falsely claimed that the Invisible Mask or its materials are government approved or made in a government-approved facility.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

FTC Takes Total Wine to Federal Court to Enforce Compliance with Antitrust Civil Investigative Demand

Retrieved on: 
Wednesday, October 25, 2023

The Federal Trade Commission today filed a petition seeking a federal court order to force Total Wine to comply with an FTC civil investigative demand (CID), which is a type of administrative subpoena that seeks documents and other information related to an ongoing antitrust investigation.

Key Points: 
  • The Federal Trade Commission today filed a petition seeking a federal court order to force Total Wine to comply with an FTC civil investigative demand (CID), which is a type of administrative subpoena that seeks documents and other information related to an ongoing antitrust investigation.
  • The CID issued to Total Wine is part of an FTC investigation into a different company, Southern Glazer’s Wine & Spirits LLC.
  • Total Wine’s actions have impeded and delayed the FTC’s investigation, forcing the Commission to seek federal court enforcement.
  • Otherwise, the FTC is asking that the Court order Total Wine to produce specified documents and information within 20 days.

FTC and Wisconsin Take Action Against Rhinelander Auto Center for Illegally Discriminating Against American Indian Customers and Charging Unlawful Junk Fees

Retrieved on: 
Tuesday, October 24, 2023

“Working closely with the State of Wisconsin, we are holding these dealerships accountable for discriminating against American Indian customers and sneaking junk fees onto consumers’ bills,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.

Key Points: 
  • “Working closely with the State of Wisconsin, we are holding these dealerships accountable for discriminating against American Indian customers and sneaking junk fees onto consumers’ bills,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • The complaint cites one survey of Rhinelander customers that shows half of the dealer’s customers said they were charged for add-ons without authorization or through deception.
  • Rhinelander and Towne discriminated against American Indian customers in the cost of financing by adding more “markup” to their interest rates, according to the FTC’s complaint.
  • This additional markup cost American Indian customers $401 more on average compared to non-Latino white customers.
  • In addition, the complaint alleges that American Indian customers were charged for unwanted add-ons at a higher rate than non-Latino white customers.

FTC Takes Action Against Makers of an ‘Invisible Mask’ They Falsely Claimed Protected Users from COVID-19

Retrieved on: 
Tuesday, October 24, 2023

“The defendants’ claims that their products can stand in for approved COVID-19 vaccines are bogus,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.

Key Points: 
  • “The defendants’ claims that their products can stand in for approved COVID-19 vaccines are bogus,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • For example, the defendants claimed their product “uses quantum theory technology, combines known virus and bacteria killing compounds.
  • The complaint also alleges the defendants falsely claimed that the Invisible Mask or its materials are government approved or made in a government-approved facility.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.