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Shareholder Alert: Bernstein Litowitz Berger & Grossmann LLP Announces the Filing of Securities Class Action Lawsuit Against Integra LifeSciences Holdings Corporation

Retrieved on: 
Wednesday, September 13, 2023

Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a class action lawsuit in the U.S. District Court for the District of New Jersey alleging violations of federal securities laws by Integra LifeSciences Holdings Corporation (“Integra” or the “Company”) and certain of the Company’s current and former senior executives (collectively, “Defendants”).

Key Points: 
  • Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a class action lawsuit in the U.S. District Court for the District of New Jersey alleging violations of federal securities laws by Integra LifeSciences Holdings Corporation (“Integra” or the “Company”) and certain of the Company’s current and former senior executives (collectively, “Defendants”).
  • BLB&G filed this action on behalf of its client, Pembroke Pines Firefighters & Police Officers Pension Fund, and the case is captioned Pembroke Pines Firefighters & Police Officers Pension Fund v. Integra LifeSciences Holdings Corporation, No.
  • The complaint is based on an extensive investigation and a careful evaluation of the merits of this case.
  • The Company’s Tissue Technologies business manufactures and sells collagen-based medical devices that are used for complex wound care, peripheral nerve repair, and reconstruction surgery.

Bernstein Litowitz Berger & Grossmann LLP Receives Approval of a Landmark $1 Billion Settlement for Shareholders in Wells Fargo Securities Class Action

Retrieved on: 
Saturday, September 9, 2023

The federal judge overseeing a securities class action against Wells Fargo (NYSE:WFC) for deceiving investors about its compliance and risk management practices has given final approval to a $1 billion settlement with Wells Fargo investors who challenged the bank's severe disclosure lapses.

Key Points: 
  • The federal judge overseeing a securities class action against Wells Fargo (NYSE:WFC) for deceiving investors about its compliance and risk management practices has given final approval to a $1 billion settlement with Wells Fargo investors who challenged the bank's severe disclosure lapses.
  • The $1 billion settlement is the largest ever in a securities class action not involving a restatement, an SEC action, or DOJ criminal charges.
  • "We are honored to have played a key role in securing such a significant recovery for Wells Fargo investors," said BLB&G founding partner Max Berger, who helped negotiate the final settlement.
  • The action, In re Wells Fargo & Company Securities Litigation, No.

Bernstein Litowitz Berger & Grossmann Achieves Significant Trial Victory in Helping Fannie Mae and Freddie Mac Shareholders Recoup $612 Million in Class Action Against U.S. Federal Housing Finance Agency

Retrieved on: 
Tuesday, August 15, 2023

Bernstein Litowitz Berger & Grossmann acted on behalf of preferred shareholders of both Fannie Mae and Freddie Mac and common shareholders of Freddie Mac, in tandem with co-counsel Boies Schiller Flexner, Kessler Topaz Meltzer & Check, and Grant & Eisenhofer.

Key Points: 
  • Bernstein Litowitz Berger & Grossmann acted on behalf of preferred shareholders of both Fannie Mae and Freddie Mac and common shareholders of Freddie Mac, in tandem with co-counsel Boies Schiller Flexner, Kessler Topaz Meltzer & Check, and Grant & Eisenhofer.
  • “We are thankful for the jury’s tremendous public service and grateful for their verdict,” said BLB&G Trial Counsel Robert Kravetz.
  • The parties still await a ruling from Judge Royce Lamberth on the issue of pre-judgment interest for the Fannie Mae preferred shares.
  • The case is In re: Fannie Mae/Freddie Mac Senior Preferred Stock Purchase Agreement Class Action Litigations, No.

APLS Investor Alert: Kessler Topaz Meltzer & Check, LLP and Bernstein Litowitz Berger & Grossmann LLP Announce the Filing of a Securities Class Action Lawsuit Against Apellis Pharmaceuticals, Inc.

Retrieved on: 
Wednesday, August 2, 2023

Today, prominent investor rights law firms Kessler Topaz Meltzer & Check, LLP (“KTMC”) and Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a securities class action lawsuit against Apellis Pharmaceuticals, Inc. (“Apellis”) on behalf of investors who purchased or acquired Apellis ( NASDAQ: APLS ) common stock between January 28, 2021, and July 28, 2023, inclusive (the “Class Period”).

Key Points: 
  • Today, prominent investor rights law firms Kessler Topaz Meltzer & Check, LLP (“KTMC”) and Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a securities class action lawsuit against Apellis Pharmaceuticals, Inc. (“Apellis”) on behalf of investors who purchased or acquired Apellis ( NASDAQ: APLS ) common stock between January 28, 2021, and July 28, 2023, inclusive (the “Class Period”).
  • Apellis also stated that the company is evaluating an eighth reported event of retinal vasculitis, which Apellis had not yet confirmed.
  • KTMC and BLB&G encourage Apellis investors who have suffered significant losses to contact the firms directly to acquire more information.
  • The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel.

Shareholder Alert: Bernstein Litowitz Berger & Grossmann LLP Announces the Filing of Securities Class Action Lawsuit Against Seagate Technology Holdings plc

Retrieved on: 
Thursday, July 27, 2023

Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a class action lawsuit in the U.S. District Court for the Northern District of California alleging violations of federal securities laws by Seagate Technology Holdings plc (“Seagate” or the “Company”) and certain of the Company’s senior executives (collectively, “Defendants”).

Key Points: 
  • Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a class action lawsuit in the U.S. District Court for the Northern District of California alleging violations of federal securities laws by Seagate Technology Holdings plc (“Seagate” or the “Company”) and certain of the Company’s senior executives (collectively, “Defendants”).
  • The complaint expands the allegations that were asserted in a previously filed related securities class action pending against Seagate captioned UA Local 38 Defined Contribution Pension Plan v. Seagate Technology Holdings plc, No.
  • BLB&G filed this action on behalf of its client, the Public Employees’ Retirement System of Mississippi, and the case is captioned Public Employees’ Retirement System of Mississippi v. Seagate Technology Holdings plc, No.
  • These misrepresentations caused the price of Seagate common stock to trade at artificially inflated prices throughout the Class Period.

White Gold Corp. Commences Diamond Drilling at the Betty Ford target, White Gold District, Yukon, Canada

Retrieved on: 
Thursday, July 6, 2023

The focus of the 2023 drill program is to test for a mineralized buried porphyry at depth and possible feeder contact/structure for the near-surface gold mineralization.

Key Points: 
  • The focus of the 2023 drill program is to test for a mineralized buried porphyry at depth and possible feeder contact/structure for the near-surface gold mineralization.
  • Gold mineralization at Betty Ford is hosted in a polylithic breccia unit along an east-west striking splay structure (Figure 3) located approximately 1.5 km south of and parallel to, the Coffee Creek Fault.
  • Drilling at Betty Ford thus far has encountered broad zones of near-surface (≤ 75m vertical) gold mineralization which has been traced for approximately 175 m along strike.
  • Highlights of 2018-2022 Betty Ford Drilling Assay Results, White Gold Corp.

Bernstein Litowitz Berger & Grossmann Secures Significant Post-Trial Victory for Former Stockholders of Columbia Pipeline

Retrieved on: 
Monday, July 3, 2023

Former Columbia shareholders were awarded economic damages of $1.00 per share and disclosure damages of $.50 per share.

Key Points: 
  • Former Columbia shareholders were awarded economic damages of $1.00 per share and disclosure damages of $.50 per share.
  • The awards overlap and the specific amount of the final judgment is still subject to further proceedings.
  • This post-trial judgment follows a previous $79 million settlement with now-retired Columbia executives.
  • “This is an excellent result for Columbia investors,” said BLB&G partner Jeroen van Kwawegen, who led the trial team.

White Gold Corp. Announces Fully Funded 2023 Exploration Program on District Scale Land Package, Yukon, Canada

Retrieved on: 
Thursday, June 15, 2023

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce plans for its fully funded 2023 exploration program on its district scale 350,000 hectare land package, representing over 40% of the emerging White Gold District in Yukon, Canada.

Key Points: 
  • TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce plans for its fully funded 2023 exploration program on its district scale 350,000 hectare land package, representing over 40% of the emerging White Gold District in Yukon, Canada.
  • “We are excited to kick off our 2023 exploration programs in the White Gold District,” stated Terry Brace, the Company’s Vice President of Exploration.
  • These results further demonstrate the expansiveness of gold mineralization in the White Gold District and the potential for continuing to make additional new discoveries as well as increase our significant gold resources.
  • A corporate update webinar has been arranged for management to present additional detail on the Company’s fully funded 2023 exploration program.

Bernstein Litowitz Berger & Grossmann Secures a Historic $1 Billion Settlement for Shareholders in Wells Fargo Securities Class Action

Retrieved on: 
Tuesday, May 16, 2023

In one of the largest securities class action settlements in recent years, Bernstein Litowitz Berger & Grossmann (BLB&G) announced today that it has reached a settlement agreement on behalf of its clients and a class of investors with Wells Fargo & Co (NYSE: WFC), which has agreed to pay $1 billion in cash to resolve a federal securities class action lawsuit in the United States.

Key Points: 
  • In one of the largest securities class action settlements in recent years, Bernstein Litowitz Berger & Grossmann (BLB&G) announced today that it has reached a settlement agreement on behalf of its clients and a class of investors with Wells Fargo & Co (NYSE: WFC), which has agreed to pay $1 billion in cash to resolve a federal securities class action lawsuit in the United States.
  • The action, In re Wells Fargo & Company Securities Litigation, No.
  • 20-CV-04494 (GHW), is pending in the U.S. District Court for the Southern District of New York before Judge Gregory Woods.
  • Wells Fargo’s investors were harmed after a series of disclosures revealed that Wells Fargo had misrepresented its compliance with those orders, causing a decline in Wells Fargo’s stock price.

Shareholder Alert: Bernstein Litowitz Berger & Grossmann LLP Announces the Filing of Securities Class Action Lawsuit Against Beyond Meat, Inc.

Retrieved on: 
Thursday, May 11, 2023

The complaint is based on an extensive investigation and a careful evaluation of the merits of this case.

Key Points: 
  • The complaint is based on an extensive investigation and a careful evaluation of the merits of this case.
  • Beyond Meat is a global producer of plant-based meat substitutes such as Beyond Burgers, Beyond Sausages, Beyond Meatballs, and Beyond Pepperoni.
  • As a result of Defendants’ misrepresentations and omissions, Beyond Meat common stock traded at artificially inflated prices during the Class Period.
  • As a result of this disclosure, the price of Beyond Meat stock declined by $12.55 per share, or nearly 13%.