Investigations
Investigation of Ubiquiti, Inc.
Ubiquiti, Inc. (UI) Made Misstatements Regarding the Severity of its Data Breach On January 11, 2021, Ubiquiti issued a public notice stating that it had become aware of
May 26, 2021
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Investigations
Investigation of Peloton Interactive, Inc.
Peloton Interactive. Inc. (PTON) Misled Investors Regarding the Company’s Concerns for User Safety In October 2020, Peloton recalled 27,000 bikes after reports of pedal breakages and customer injuries. In commenting
May 26, 2021
Investigations
Investigation of ContextLogic Inc.
ContextLogic Inc. (WISH) Made Misstatements Regarding Key Metrics in its IPO Registration Statement On December 16, 2020, ContectLogic completed its IPO, selling 46 million shares of Class A common
May 21, 2021
Investigations
Investigation of Array Technologies, Inc.
Array Technologies, Inc. (ARRY) Made Material Misstatements in its Offering Materials and Failed to Disclose its True Operating Costs Array completed its IPO in December 2020. The IPO Materials
May 21, 2021
Investigations
Investigation of Canoo, Inc.
Canoo Inc. (GOEV) Misled Investors Regarding its Business Model Canoo Holdings Ltd., an electric vehicle company, became a public entity via merger with Hennessy Capital, a special purchase acquisition
May 21, 2021
Investigations
Investigation of Intrusion, Inc.
Intrusion Inc. (INTZ) Misled Investors Regarding its Business Operations Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations,
May 20, 2021
Investigations
Investigation of Ebix, Inc.
Ebix, Inc. (EBIX) Misled Shareholders About the Adequacy of its Internal Controls of Financial Reporting On February 19, 2021, after the market closed, Ebix revealed that its independent auditor, RSM
May 20, 2021
Investigations
Investigation of Danimer Scientific, Inc.
Danimer Scientific, Inc. (DNMR, DNMRWS) Made Misstatements Regarding its Business Prospects Danimer was formed through a business combination when Live Oak Acquisition Corp. combined with Meredian Holdings Group, Inc.,
May 20, 2021
Investigations
Investigation of Ebix, Inc.
Ebix, Inc. (EBIX) Misled Shareholders About the Adequacy of its Internal Controls of Financial Reporting On February 19, 2021, after the market closed, Ebix revealed that its independent auditor, RSM
May 19, 2021
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