Category: Investigations

Sesen Bio, Inc. (SESN) Hid Information Relating to the Failure of its Clinical Trials for Vicineum On December 21, 2020, Sesen Bio announced it had

View, Inc. (VIEW) Misrepresented its Previously Disclosed Warranty Accruals On November 30, 2020, CF Finance Acquisition Corp. II and View announced they had entered into

Romeo Power, Inc. (RMO, RMO.WT) Made Misstatements Regarding its Ability to Meet Demand      On October 5, 2020, RMG Acquisition Corp., a special purpose acquisition

SelectQuote, Inc.  (SLQT) Failed to Disclose Underperformance of its PDP Products     During the class period, SelectQuote failed to disclose to investors that its 2019

ATI Physical Therapy, Inc.  (ATIP) Made Misleading Statements Regarding its Business, Operations, and Prospects     Fortress Value Acquisition Corp. II was a special purpose acquisition

Yalla Group Limited (YALA) Overstated its User Metrics and Revenue      Yalla Group Limited held its U.S. initial public offering (“IPO”) on September 29, 2020. 

Live Ventures Inc. (LIVE) Made Misleading Statements Regarding its Business, Operations, and Prospects     During the class period, defendants made materially false and misleading statements

ContextLogic Inc. (WISH) Made Misstatements Regarding Key Metrics in its IPO Registration Statement      On December 16, 2020, ContectLogic completed its IPO, selling 46 million

Ardelyx Inc. (ARDX) Made Misleading Statements in its Registration Statement in Connection with its Initial Public Offering   Defendants submitted a New Drug Application (NDA)