News Board

On March 17, 2023, Levi & Korsinsky filed an action against the Chief Executive Officer and the Chief Financial Officer of Silicon Valley Bank to recover investor losses in wake of bank failure and bankruptcy. A copy of the complaint can be found here, and shareholders interested in joining the action are encouraged to contact...Read more

TO: ALL CURRENT OR OTHERWISE APPLICABLE STOCKHOLDERS OF GERON CORPORATION (NASDAQ SYMBOL: GERN) PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY. YOUR RIGHTS WILL BE AFFECTED BY THE LEGAL PROCEEDINGS IN THIS DERIVATIVE LITIGATION. IF THE COURT APPROVES THE PROPOSED SETTLEMENT, YOU WILL BE FOREVER BARRED FROM CONTESTING THE FAIRNESS, REASONABLENESS AND ADEQUACY OF...Read more

On February 14, 2023, Judge Otis D. Wright II, United States District Judge in the United States District Court for the Central District of California, signed an order consolidating two class actions filed on behalf of shareholders of FIGS, Inc. who were harmed by alleged securities fraud.  The consolidated case is captioned Sean Ryan v....Read more

The parties in the action captioned Parker v. Avril, et al., C.A. No. 2020-0280-PAF (D. Del.) entered into a stipulation of settlement on February 15, 2023. The settlement provides for a payment of $4.75 million to eligible class members and $4.75 million to Babcock. Lead plaintiff James Parker filed an action alleging that the Babcock...Read more

A settlement has been reached in Melucci v. Corcept Therapeutics Incorporated, et al., Case No. 5:19-cv-01372-LHK (N.D. Cal.)   The settlement provides for the payment of $14 million to eligible class members. Lead plaintiff James Ferraro alleged violations of §§ 10(b) and 20(a) of the Securities Exchange Act of 1934 based on false and misleading...Read more