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18 Sep 2020

Faruqi & Faruqi, LLP is Actively Monitoring Nikola Corporation

Nikola Corporation ("Nikola") claims to manufacturer and design battery-electric vehicles, hydrogen-electric vehicles, and hydrogen fueling stations. Trevor Milton, who has been active on social media about sustainable energy, founded Nikola in 2015. ...

Features: James M. Wilson, Jr.

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15 Sep 2020

Faruqi & Faruqi Commences Class Action Against Anheuser-Busch

On September 11, 2020, Faruqi & Faruqi filed a consumer protection and false advertising class action against Anheuser-Busch for the deceptive marketing and sale of its Ritas™ Margarita, Mojito, Rosé, and Sangria beverages. The complaint alleges that ...

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08 Sep 2020

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Varian Medical Systems, Inc. (VAR)

Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Northern District of California, Case No. 4:20-cv-06266-YGR on behalf of shareholders of Varian Medical Systems, Inc. ("Varian" or the "Company") (NYSE:VAR) ...

Features: James M. Wilson, Jr.

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04 Sep 2020

Faruqi & Faruqi, LLP Recovers $120 Million Settlement in Loestrin Antitrust Litigation

Please see Order. ...

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03 Sep 2020

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Jernigan Capital, Inc. (JCAP)

Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:20-cv-07160 on behalf of shareholders of Jernigan Capital, Inc. ("Jernigan" or the "Company") (NYSE:JCAP) who have ...

Features: James M. Wilson, Jr.

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03 Sep 2020

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Maxim Integrated Products, Inc. (MXIM)

Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:20-cv-07168 on behalf of shareholders of Maxim Integrated Products, Inc. ("Maxim" or the "Company") (NASDAQ:MXIM) ...

Features: James M. Wilson, Jr.

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27 Aug 2020

District Court Grants Final Approval of $120 Million Settlement in Loestrin, Faruqi & Faruqi, LLP, Co-Lead Counsel

On August 27, 2020, Chief Judge William E. Smith of the District of Rhode Island granted final approval of a $120 million settlement of antitrust claims asserted on behalf of a certified class of direct purchasers of the drug Loestrin in In re Loestrin ...

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27 Aug 2020

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Fastly, Inc. (FSLY)

Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Northern District of California, Case No. 3:20-cv-06024 on behalf of all those who purchased Fastly, Inc. ("Fastly" or the "Company") (NYSE:FSLY) common ...

Features: Richard W. Gonnello

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26 Aug 2020

Direct Purchaser Class Certified in Zetia MDL

In an order entered on August 21, 2020 in the Zetia (Ezetimibe) Antitrust Litigation MDL, Senior United States District Judge Rebecca Beach Smith overruled Defendants' objections and adopted and approved in full United States Magistrate Judge Douglas ...

Features: Bradley J. Demuth

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20 Aug 2020

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Noble Energy, Inc. (NBL)

Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:20-cv-06563 on behalf of shareholders of Noble Energy, Inc. ("Noble" or the "Company") (NASDAQ:NBL) who have been ...

Features: James M. Wilson, Jr.

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11 Aug 2020

Faruqi & Faruqi, LLP Secures Final Approval of a $2,083,333.33 Settlement for Revolution Lighting Techs., Inc. Investors

Faruqi & Faruqi, LLP is pleased to announce that the Court has granted final approval to the settlement in In re Revolution Lighting Techs., Inc., Securities Litigation, No. 1:19-cv-00980-JPO (S.D.N.Y.), a federal securities class action pending in the ...

Features: Katherine M. Lenahan, Richard W. Gonnello

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29 Jul 2020

Faruqi & Faruqi Announces Class Certification Victory in Third Circuit

The Third Circuit, by unanimous decision, recently affirmed class certification for direct purchasers of the opioid addiction treatment Suboxone in an antitrust case alleging that Reckitt Benckiser (now Indivior) took several actions to suppress competition ...

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20 Jul 2020

G-20 Is Advised Cross-Border Payment Systems Require Public And Private Collaboration

The Bank for International Settlements' Committee on Payments and Market Infrastructures recently published a report to the G-20 detailing building blocks necessary to enhance cross-border payments. The report groups nineteen specific building blocks ...

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17 Jul 2020

Faruqi & Faruqi, LLP Announces Final Approval of a Settlement on Behalf of DPW Holdings, Inc. and its Shareholders

Faruqi & Faruqi, LLP, sole lead counsel, is pleased to announce that the Court granted final approval of a settlement in Ethan Young et al. v. Milton C. Ault, III et al., No. 2:18-6587-PA (C.D. Cal.), a shareholder derivative action brought on behalf ...

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08 Jul 2020

Faruqi & Faruqi, LLP Files a Class Action to Recover Unpaid Wages to NYPD Officers Working Paid Details

On June 3, 2020, Faruqi & Faruqi filed a Class and Collective Action in the United States District Court for the Southern District of New York against the City of New York, the New York City Police Department, and a number of vendors who collectively ...

Features: Innessa M. Huot

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