Misleading

Judge Considers Sanctions Against Hunter Biden’s Lawyers for Misleading Court Filings

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Wilmington, Delaware — A federal judge has issued a stern warning to Hunter Biden’s legal team, threatening sanctions over what he described as misleading statements in a recent court filing. This development marks another contentious episode in the ongoing legal struggles involving the son of President Joe Biden. Judge Maryellen Noreika expressed concerns regarding a discrepancy between verbal assurances provided in court and the written arguments subsequently submitted by Biden’s attorneys. These discrepancies center on statements about Biden’s financial status and his willingness to comply with court orders. The issue arose during a legal battle … Read more

Shareholders Sue Humana for Alleged Misleading Financial Forecasts Amidst Stock Plunge

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LOUISVILLE, Ky. — A recent class action lawsuit targets Humana Inc., one of America’s leading health insurance providers, alleging that the company misled investors about its financial health and business operations. Filed on June 3, 2024, the suit claims that Humana’s misleading statements led shareholders to purchase stock at inflated prices between July 27, 2022, and January 24, 2024. Investors who acquired shares during this period are now seeking damages, claiming they have suffered significant financial losses following disclosures of higher-than-expected medical costs. The lawsuit opens participation to any affected shareholder looking to recover their … Read more

Costco Settles for $2 Million Over Misleading ‘Flushable’ Wipes Claims; Shoppers May Be Entitled to Compensation

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New York, NY — A recent class action lawsuit settlement involving Costco could affect customers who purchased the retailer’s Kirkland Signature Moist Flushable Wipes between 2011 and 2017. The lawsuit claims that the product was falsely marketed as “flushable,” which allegedly led to extensive plumbing damage, including clogs and impairment to septic systems. Although Costco has denied any wrongdoing, the company has agreed to pay $2 million to resolve allegations of misleading advertising surrounding their product. The settlement highlights ongoing debates about the marketing and environmental impact of disposable wipes, which have been under scrutiny … Read more

Enphase Energy Faces Class Action Lawsuit Over Alleged Inflated Stock Prices and Misleading Statements

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Fremont, Calif. — A recent lawsuit has positioned Enphase Energy, Inc. at the center of a significant legal battle over its stock prices. Filed on May 29, 2024, the class action suit represents shareholders who allege they purchased company stock at inflated prices between February 7, 2023, and April 25, 2023. The plaintiffs now seek reparations for their claimed losses, citing misleading statements by the company and certain top executives which they argue led to an artificial inflation of stock values. Enphase Energy, recognized globally for its advanced solar generation, storage, and energy management solutions, … Read more