South Dakota City Council Called Out for Voting in Secret, Defying Open Meeting Laws

Watertown, SD — Local governance and transparency are under scrutiny in Watertown as allegations surface regarding the City Council’s practices of casting votes behind closed doors, raising concerns about the violation of open meeting laws. This issue isn’t isolated but reflective of a broader pattern observed in various municipal governments, where decisions meant to be public are made in private, escaping the eyes of the citizenry. In a notable case, the South Dakota Citizens for Liberty initiated legal action against the Rapid City Area School District (RCAS) in November 2021, citing breaches of mandated transparency. … Read more

SQ Investors Called to Spearhead Major Lawsuit Against Block, Inc. Over Alleged Securities Fraud

Investors of Block, Inc. (formerly known as Square, Inc.), the San Francisco-based financial technology company, have been presented with an opportunity to lead a securities fraud lawsuit. The litigation stems from allegations that the company provided misleading information about its financial activities and business operations. This has raised concerns among shareholders about potential violations of federal securities laws. The case against Block, Inc. highlights significant claims that the company failed to adequately disclose the risks associated with its acquisition of Afterpay, a ‘buy now, pay later’ service. This purchase, which was executed to enhance Block’s … Read more

SAVA Investors Called to Spearhead Class Action in Cassava Sciences Securities Fraud Case

Investors in Cassava Sciences, Inc., a biopharmaceutical company based in Austin, Texas, have been presented with a potential leadership role in a pending securities fraud lawsuit. The legal action accuses the company of providing misleading information which may have influenced investment decisions adversely. At the heart of the allegations is the claim that Cassava Sciences purportedly engaged in both civil securities fraud and manipulations that artificially inflated the value of its stock. This lawsuit, originating from issues flagging between 2020 and 2022, specifically targets discrepancies and alleged misrepresentations in the company’s development and promotional strategies … Read more

SYM Investors Called to Spearhead Legal Action in Symbotic Inc. Securities Fraud Case Initiated by Rosen Law Firm

NEW YORK — Symbotic Inc., a robotics technology firm, is currently facing a significant legal challenge as investors are being invited to lead a securities fraud lawsuit against the company. The case, filed by The Rosen Law Firm, alleges that Symbotic misled investors regarding its business operations and financial performance, potentially violating federal securities laws. The announcement has spurred considerable interest among shareholders who suffered losses, urging them to step forward as lead plaintiff in the class-action lawsuit. Notably, the suit claims that the company had insufficiently disclosed issues pertaining to its operational efficacy and … Read more