Securities & Investment Fraud

SCANA Corporation Securities Class Litigation

Securities and Financial Fraud

Introduction

Securities fraud class action litigation has been filed on behalf of investors who purchased or otherwise acquired the publicly traded securities of SCANA Corporation (“SCANA” or the “Company”) (NYSE: SCG). If you purchased or otherwise acquired the publicly traded securities of SCANA between January 19, 2016 and September 22, 2017, inclusive (the “Class Period”), you may move the court for appointment as lead plaintiff by no later than November 27, 2017.

You may retain Lieff Cabraser Heimann & Bernstein, LLP, or other attorneys, as your counsel in the actions. Recognized by the National Law Journal as one of the nation’s top plaintiffs’ law firms, Lieff Cabraser is committed to safeguarding the rights of investors and upholding the integrity of the market. We have significant experience and a successful track record of representing institutional and individual investors in securities and financial fraud litigation.

SCANA investors may choose to have Lieff Cabraser review their claim by completing the contact form below. You can also call Sharon M. Lee of Lieff Cabraser at 1-800-541-7358 to discuss the litigation.

Background on the SCANA Securities Class Litigation

SCANA is an energy-based holding company headquartered in Cayce, South Carolina.

The actions allege that SCANA made false and/or misleading statements concerning a joint venture in which SCANA subsidiary South Carolina Electric & Gas Company and Santee Cooper, another South Carolina utility, agreed to finance the development of two new nuclear reactors near Jenkinsville, South Carolina. After years of work on the project, Toshiba Corporation, the parent company of the lead contractor for the development, announced on December 27, 2016 that it expected the development to cost billions of dollars more than previously anticipated, ultimately leading to the contractor filing for bankruptcy on March 29, 2017 and SCANA announcing on July 31, 2017 that it would seek permission from its regulator to abandon the project.

On September 4, 2017, a report received by SCANA in early 2016 was revealed to the public for the first time and confirmed that SCANA had long known of the severe problems facing the development. On September 22, 2017, South Carolina Attorney General Alan Wilson launched a criminal investigation related to the development.

Between December 27, 2016 (when news of the lead contractor’s expected losses began to emerge) and the last day of the Class Period, September 22, 2017, SCANA’s share price dropped from a closing price of $74.43 to a closing price of $55.22, a decline of more than 25%.

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II. TRANSACTIONS IN SCANA SECURITIES

Number of shares of SCANA held immediately before the start of the Class Period on January 19, 2016:

From January 19, 2016 through September 22, 2017, inclusive, I made the following transactions in SCANA securities:

PURCHASES

Date
No. of Shares
Price

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SALES

Date
No. of Shares
Price

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During the 90 days after September 22, 2017, I made the following transactions in SCANA securities:

SALES

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Price

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Comments & questions:

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About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Seattle, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for 15 years. In compiling the list, the NLJ examines recent verdicts and settlements and looks for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.” Law360 selected Lieff Cabraser as one of the “Top 50 Law Firms Nationwide for Litigation,” highlighting our firm’s “laser focus” and noting that Lieff Cabraser routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.” The publication separately named our firm one of five “2017 California Powerhouses,” the only plaintiffs’ firm on the list. Best Lawyers and U.S. News named Lieff Cabraser as a “Law Firm of the Year” from 2012 through 2016, and the firm has received a number of other recent honors, awards, and recognition, including the National Law Journal’s “Elite Trial Lawyers,” Law360’s “Most Feared Plaintiffs’ Firms,” and Benchmark Litigation’s “Top 10 Plaintiffs Firms in America.”

Equifax Inc. Securities Class Litigation

Securities and Financial Fraud

Introduction

Securities fraud class action litigation has been filed on behalf of investors in the common stock of Equifax Inc. (“Equifax” or the “Company”) (NYSE: EFX). If you purchased or otherwise acquired the common stock of Equifax between February 25, 2016 and September 7, 2017, inclusive (the “Class Period”), you may move the court for appointment as lead plaintiff by no later than November 13, 2017.

You may retain Lieff Cabraser Heimann & Bernstein, LLP, or other attorneys, as your counsel in the actions. Recognized by the National Law Journal as one of the nation’s top plaintiffs’ law firms, Lieff Cabraser is committed to safeguarding the rights of investors and upholding the integrity of the market. We have significant experience and a successful track record of representing institutional and individual investors in securities and financial fraud litigation.

Equifax investors may choose to have Lieff Cabraser review their claim by completing the contact form below. You can also call Sharon M. Lee of Lieff Cabraser at 1-800-541-7358 to discuss the litigation.

Background on the Equifax Securities Class Litigation

Equifax is an Atlanta, Georgia-based credit reporting and identity verification company.

The action alleges that defendants misrepresented and/or failed to disclose: 1) the Company failed to maintain adequate measures to protect its data systems; (2) the Company failed to maintain adequate monitoring systems to detect security breaches; (3) the Company failed to maintain proper security systems, controls and monitoring systems in place; and (4) as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.

On September 7, 2017, Equifax belatedly revealed that more than a month earlier, on July 29, 2017, it had discovered a massive security breach by hackers who illegally gained access to the names, Social Security numbers, birth dates, addresses, and, in some cases, driver’s license numbers, of as many as 143 million U.S. consumers who are now at risk of identity theft. On this news, the price of Equifax common stock fell $19.49 per share, or 13.66%, to close at $123.23 on September 8, 2017.

Prior to Equifax’s disclosure of the security breach, but after it was discovered on July 29th, three Equifax senior executives – Equifax’s Chief Financial Officer, President of U.S. Information, and President of Workforce Solutions – sold Equifax stock and/or exercised options to dispose of Equifax stock on August 1st and 2nd for total proceeds of nearly $2 million.

Equifax is currently the target of several government investigations concerning the security breach.


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II. TRANSACTIONS IN EQUIFAX SECURITIES

Number of shares of Equifax held immediately before the start of the Class Period on February 25, 2016:

From February 25, 2016 through September 7, 2017, inclusive, I made the following transactions in Equifax common stock:

PURCHASES

Date
No. of Shares
Price

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SALES

Date
No. of Shares
Price

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During the 90 days after September 7, 2017, I made the following transactions in Equifax common stock:

SALES

Date
No. of Shares
Price

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Comments & questions:

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About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Seattle, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.” Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm’s “laser focus” and noting that our firm routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.” In late 2016, Benchmark Litigation named Lieff Cabraser one of the “Top 10 Plaintiffs’ Firms in America.”

Electronics For Imaging, Inc. Securities Class Litigation

Securities and Financial Fraud

Introduction

Securities fraud class action litigation has been filed on behalf of investors in the securities of Electronics For Imaging, Inc. (“EFII” or the “Company”) (Nasdaq: EFII). If you purchased or otherwise acquired the securities of EFII between February 22, 2017 and August 3, 2017, inclusive (the “Class Period”), you may move the court for appointment as lead plaintiff by no later than October 10, 2017.

You may retain Lieff Cabraser Heimann & Bernstein, LLP, or other attorneys, as your counsel in the actions. Recognized by the National Law Journal as one of the nation’s top plaintiffs’ law firms, Lieff Cabraser is committed to safeguarding the rights of investors and upholding the integrity of the market. We have significant experience and a successful track record of representing institutional and individual investors in securities and financial fraud litigation.

EFII investors may choose to have Lieff Cabraser review their claim by completing the contact form below. You can also call Sharon M. Lee of Lieff Cabraser at 1-800-541-7358 to discuss the litigation.

Background on the EFII Securities Class Litigation

EFII, based in Fremont, California, develops and sells digital printers and other products for manufacturing signage, packaging, textiles, ceramic tiles, and personalized documents worldwide.

The action alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) EFII engaged in improper revenue recognition practices; and (2) EFII failed to maintain adequate disclosure controls and internal control over financial reporting.

On August 3, 2017, EFII issued a press release announcing that it was assessing the timing of the recognition of revenue related to certain transactions in connection with a customer sales contract for one or more large format printers that was invoiced but not delivered to the end user. In addition, EFII revealed that it expects to report a material weakness in its internal control over financial reporting and that the Audit Committee of its Board of Directors is also reviewing the matter. As a result, EFII postponed a conference call to discuss its preliminary second quarter of 2017 financial results and warned that it may not be able to file its Form 10-Q for that quarter on a timely basis. Following this news, the price of EFII common stock fell $21.61 per share, or 45%, from its closing price of $47.66 on August 3, 2017 to close at $26.05 on August 4, 2017, on significantly elevated trading volume.

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II. TRANSACTIONS IN EFII SECURITIES

Number of shares of EFII securities held immediately before the start of the Class Period on February 22, 2017:

From February 22, 2017 through August 3, 2017, inclusive, I made the following transactions in EFII securities:

PURCHASES

Date
No. of Shares
Price

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SALES

Date
No. of Shares
Price

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During the 90 days after August 3, 2017, I made the following transactions in EFII securities:

SALES

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Comments & questions:

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About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Seattle, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.” Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm’s “laser focus” and noting that our firm routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.” In late 2016, Benchmark Litigation named Lieff Cabraser one of the “Top 10 Plaintiffs’ Firms in America.”

Envision Healthcare Corporation Securities Class Litigation

Securities and Financial Fraud

Introduction

Securities fraud class action litigation has been filed on behalf of investors in the securities of Envision Healthcare Corporation (“Envision” or the “Company”) (NYSE: EVHC). If you purchased or otherwise acquired the securities of Envision between March 2, 2015 and July 21, 2017, inclusive (the “Class Period”), you may move the court for appointment as lead plaintiff by no later than October 3, 2017.

You may retain Lieff Cabraser Heimann & Bernstein, LLP, or other attorneys, as your counsel in the actions. Recognized by the National Law Journal as one of the nation’s top plaintiffs’ law firms, Lieff Cabraser is committed to safeguarding the rights of investors and upholding the integrity of the market. We have significant experience and a successful track record of representing institutional and individual investors in securities and financial fraud litigation.

Envision investors may choose to have Lieff Cabraser review their claim by completing the contact form below. You can also call Sharon M. Lee of Lieff Cabraser at 1-800-541-7358 to discuss the litigation.

Background on the Envision Securities Class Litigation

Envision, based in Nashville, Tennessee, through its subsidiary EmCare Holdings, Inc. (“EmCare”), is one of the largest physician staffing companies for hospital emergency rooms in the United States.

The action alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) EmCare routinely engaged in “surprise billing,” whereby EmCare arranged for patients seeking treatment at in-network facilities to be treated by out-of-network physicians, and subsequently charged significantly higher billing rates; (ii) for this reason, the Company’s statements during the Class Period attributing EmCare’s growth to other factors were false and/or misleading; and (iii) Envision’s revenues from EmCare were not be sustainable.

On July 24, 2017, The New York Times reported that a study conducted by researchers at Yale University found that hospital emergency rooms run by EmCare were much more likely to engage in surprise billing. According to the Times, out of a sample of 194 hospitals emergency rooms run by EmCare, for example, the study found an average out-of-network billing rate of 62%, far higher than the national average. On this news, the price of Envision common stock fell $2.33 per share, or 3.72%, to close at $60.28 per share on July 24, 2017, on elevated trading volume.

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II. TRANSACTIONS IN ENVISION SECURITIES

Number of shares of Envision securities held immediately before the start of the Class Period on March 2, 2015:

From March 2, 2015 through July 21, 2017, inclusive, I made the following transactions in Envision securities:

PURCHASES

Date
No. of Shares
Price

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SALES

Date
No. of Shares
Price

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During the 90 days after July 21, 2017, I made the following transactions in Envision securities:

SALES

Date
No. of Shares
Price

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Comments & questions:

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About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Seattle, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.” Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm’s “laser focus” and noting that our firm routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.” In late 2016, Benchmark Litigation named Lieff Cabraser one of the “Top 10 Plaintiffs’ Firms in America.”

HD Supply Holdings, Inc. Securities Class Litigation

Securities and Financial Fraud

Introduction

Securities fraud class action litigation has been filed on behalf of investors in the securities of HD Supply Holdings, (“HD Supply” or the “Company”) (Nasdaq: HDS).  If you purchased or otherwise acquired the securities of HD Supply between November 9, 2016 and June 5, 2017, inclusive (the “Relevant Period”), you may move the court for appointment as lead plaintiff by no later than September 11, 2017.

You may retain Lieff Cabraser Heimann & Bernstein, LLP, or other attorneys, as your counsel in the actions.  Recognized by the National Law Journal as one of the nation’s top plaintiffs’ law firms, Lieff Cabraser is committed to safeguarding the rights of investors and upholding the integrity of the market.  We have significant experience and a successful track record of representing institutional and individual investors in securities and financial fraud litigation.

HD Supply investors may choose to have Lieff Cabraser review their claim by completing the contact form below.  You can also call Sharon M. Lee of Lieff Cabraser at 1-800-541-7358 to discuss the litigation.

Background on the HD Supply Securities Class Litigation

HD Supply, based in Atlanta, Georgia, HD Supply Holdings, Inc. is one of the largest industrial distributors in North America.

The action alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) HD Supply could not meet its full year 2017 growth and operational leverage targets; (2) the operational recovery of its Facilities Maintenance (“FM”) supply chain was not “on track” as the Company had claimed; and (3) HD Supply was divesting its key Waterworks segment.  During the Class Period, when HD Supply’s stock price traded at artificially inflated levels, Defendant Joseph DeAngelo, Chief Executive Officer (“CEO”) and Chair of HD Supply, sold $54 million of his personal Company stock.

In early 2016, HD Supply’s FM segment experienced supply chain issues leading to a large build-up of inventory at HD Supply’s distribution centers. The Company took remedial actions to rebalance its inventory throughout the country. Defendants claimed in November 2016 that the FM recovery was “on track” and that HD Supply was “perfectly positioned to enter 2017 and deliver on [its] commitments of 300 basis points more than market, one-and-a-half times operating leverage and 75% cash generation.”’

On June 6, 2017, HD Supply reported disappointing Q1 2017 earnings and that it had agreed to sell Waterworks, the nation’s largest distributor of water, sewer, storm and fire protection products and a key business segment for HD Supply.  The Company also announced increased capital investments in its FM segment, so it had to reduce its operating leverage targets for 2017.  On this news, HD Supply’s share price declined $7.24 per share, or 17.5%, from a close of $41.27 per share on June 5, 2017 to a close of $34.03 per share on June 6, 2017, on extremely heavy trading volume. The following day, HD Supply’s share price dropped an additional $1.22 per share, for a total two-day drop of 20.49%.

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II. TRANSACTIONS IN HD SUPPLY SECURITIES

Number of shares of HD Supply securities held immediately before the start of the Class Period on November 9, 2016:

From November 9, 2016 through June 5, 2017, inclusive, I made the following transactions in HD Supply securities:

PURCHASES

Date
No. of Shares
Price

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SALES

Date
No. of Shares
Price

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During the 90 days after June 5, 2017, I made the following transactions in HD Supply securities:

SALES

Date
No. of Shares
Price

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Comments & questions:

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About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Seattle, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for fourteen years.  In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.”  Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm’s “laser focus” and noting that our firm routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.”  In late 2016, Benchmark Litigation named Lieff Cabraser one of the “Top 10 Plaintiffs’ Firms in America.”

Tahoe Resources, Inc. Securities Class Litigation

Securities and Financial Fraud

Introduction

Securities fraud class action litigation has been filed on behalf of investors in the securities of Tahoe Resources, Inc. (“Tahoe” or the “Company”) (NYSE: TAHO). If you purchased or otherwise acquired Tahoe securities between April 3, 2013 and July 5, 2017, inclusive (the “Relevant Period”), you may move the court for appointment as lead plaintiff by no later than September 5, 2017.

You may retain Lieff Cabraser Heimann & Bernstein, LLP, or other attorneys, as your counsel in the actions. Recognized by the National Law Journal as one of the nation’s top plaintiffs’ law firms, Lieff Cabraser is committed to safeguarding the rights of investors and upholding the integrity of the market. We have significant experience and a successful track record of representing institutional and individual investors in securities and financial fraud litigation.

Tahoe investors may choose to have Lieff Cabraser review their claim by completing the contact form below. You can also call Sharon M. Lee of Lieff Cabraser at 1-800-541-7358 to discuss the litigation.

Background on the Tahoe Securities Class Litigation

Tahoe, incorporated in British Columbia, Canada and headquartered in Reno, Nevada, explores, develops, and operates mines in the Americas. The Company holds interest in the Escobal silver mine property located in southeast Guatemala.

The action alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that the Ministry of Energy and
Mines of Guatemala (“MEM”) had not met certain consulting obligations in advance of granting the Escobal mining license to Tahoe’s subsidiary, Minera San Rafael, and thus the Escobal mining license was subject to suspension.

On May 24, 2017, Tahoe revealed that the human rights organization Centro de Acción Legal Ambiental y Social de Guatemala (“CALAS”) had filed claim against MEM for allegedly violating the Xinca indigenous people’s right of consultation prior to granting the mining license.

On July 6, 2017, the Company announced that the Supreme Court of Guatemala had provisionally suspended Minera San Rafael’s Escobal mining license in connection with CALAS’s action against MEM. On this news, Tahoe’s share price fell $2.74 per share, or over 33%, from a previous closing price of $8.30 on July 5, 2017, to close at $5.56 per share on July 6, 2017, on highly elevated trading volume.


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II. TRANSACTIONS IN TAHOE SECURITIES

Number of Tahoe shares held immediately before the start of the Class Period on April 3, 2013:

From April 3, 2013 through July 5, 2017, inclusive, I made the following transactions in Tahoe securities:

PURCHASES

Date
No. of Shares
Price

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SALES

Date
No. of Shares
Price

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During the 90 days after July 5, 2017, I made the following transactions in Tahoe securities:

SALES

Date
No. of Shares
Price

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Comments & questions:

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About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Seattle, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.” Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm’s “laser focus” and noting that our firm routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.” In late 2016, Benchmark Litigation named Lieff Cabraser one of the “Top 10 Plaintiffs’ Firms in America.”

CenturyLink, Inc. Securities Class Litigation

Securities and Financial Fraud

Introduction

Securities fraud class action litigation has been filed on behalf of investors in the securities of CenturyLink (“CenturyLink” or the “Company”) (NYSE: CTL). If you purchased or otherwise acquired the securities of CenturyLink between March 1, 2013 and June 19, 2017, inclusive (the “Relevant Period”), you may move the court for appointment as lead plaintiff by no later than August 21, 2017.

You may retain Lieff Cabraser Heimann & Bernstein, LLP, or other attorneys, as your counsel in the actions. Recognized by the National Law Journal as one of the nation’s top plaintiffs’ law firms, Lieff Cabraser is committed to safeguarding the rights of investors and upholding the integrity of the market. We have significant experience and a successful track record of representing institutional and individual investors in securities and financial fraud litigation.

CenturyLink investors may choose to have Lieff Cabraser review their claim by completing the contact form below. You can also call Sharon M. Lee of Lieff Cabraser at 1-800-541-7358 to discuss the litigation.

Background on the CenturyLink Securities Class Litigation

CenturyLink is a Monroe, Louisiana provider of various communications services. The actions allege that CenturyLink misrepresented and failed to disclose its business practice of allowing and incentivizing CenturyLink employees to add services or lines to accounts without customer permission, resulting in millions of dollars in unauthorized charges, and, as a result, CenturyLink’s business was not sustainable and its public statements about its financial performance and prospects were false and misleading during the Relevant Period.

On June 16, 2017, Bloomberg reported that a former CenturyLink customer service and sales agent filed an action against CenturyLink for wrongful termination after she was fired for blowing the whistle on CenturyLink’s high-pressure sales culture that cost customers hundreds of millions of dollars in unauthorized charges for services or lines they did not request. The former employee’s complaint reportedly likened the misconduct of CenturyLink sales agents “to the Wells Fargo scandal and estimated the alleged unauthorized fees amounted to ‘many millions’ of dollars” and that “her concerns were bolstered by posts she had read on review websites.” Following this news, the price of CenturyLink common stock fell $1.23 per share, or approximately 4.56%, from its closing price on June 15, 2017 to close at $25.72 on June 16, 2017.

On the next trading day, June 19, 2017, Bloomberg reported that a consumer class action lawsuit had been filed against CenturyLink, alleging that the sales practices described in the whistleblower lawsuit against the Company defrauded hundreds of thousands and potentially millions of consumers who suffered damages of between $600 million and $12 billion. Following this news, the price of CenturyLink stock fell $0.36 per share, or approximately 1.4%, from its closing price on June 16, 2017 to close at $25.36.

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II. TRANSACTIONS IN CENTURY LINK SECURITIES

Number of shares of CenturyLink securities held immediately before the start of the Class Period on March 1, 2013:

From March 1, 2013 through June 19, 2017, inclusive, I made the following transactions in CenturyLink securities:

PURCHASES

Date
No. of Shares
Price

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SALES

Date
No. of Shares
Price

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During the 90 days after June 19, 2017, I made the following transactions in CenturyLink securities:

SALES

Date
No. of Shares
Price

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Comments & questions:

Please sign me up for your Consumer Law newsletter. Yes
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About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Seattle, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.” Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm’s “laser focus” and noting that our firm routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.” In late 2016, Benchmark Litigation named Lieff Cabraser one of the “Top 10 Plaintiffs’ Firms in America.”

Wells Fargo & Company Shareholder Derivative Litigation

Securities and Financial Fraud

Lieff Cabraser serves as Co-Lead Counsel for Co-Lead Plaintiffs Fire and Police Pension Association of Colorado and The City of Birmingham Retirement and Relief System in this consolidated shareholder derivative action alleging that, since at least 2011, the Board and executive management of Wells Fargo & Company (“Wells Fargo”) knew or consciously disregarded that Wells Fargo employees were illicitly creating millions of deposit and credit card accounts for their customers, without those customers’ consent, in an attempt to drive up “cross-selling,” i.e., selling complementary Wells Fargo banking products to prospective or existing customers.

Revelations regarding the scheme, and the defendants’ knowledge or blatant disregard of it, have deeply damaged Wells Fargo’s reputation and cost it millions of dollars in regulatory fines and lost business. In May 2017, the court largely denied defendants’ motion to dismiss plaintiff’s amended complaint.

The case is In re Wells Fargo & Company Shareholder Derivative Litigation, No. 3:16-cv-05541 (N.D. Cal.).

Navient Corporation Securities Class Litigation

Securities and Financial Fraud

Lieff Cabraser serves as lead counsel for the court-appointed lead plaintiff, a group of Lord Abbett funds, in Lord Abbett Affiliated Fund, Inc., et al. v. Navient Corporation, et al., No. 1:16-cv-112-GMS (D. Del.), a securities fraud class action arising under the PSLRA against Navient, certain of Navient’s senior officers and directors, and the underwriters of certain of Navient’s public debt offerings.

The consolidated actions allege that defendants misrepresented or failed to disclose that (i) Navient’s loan-servicing practices violated applicable federal regulations and jeopardized a contingency collection contract with the U.S. Department of Education (“DOE”); (ii) the Company had an increased number of higher-risk borrowers who were not repaying their loans and Navient failed to properly account for this increased risk of loss in its reported financial results; (iii) Navient’s operating structure was inefficient as a result of its spin-off from Sallie Mae; and (iv) a significant portion of the Company’s low-rate credit facilities were at risk of being reduced or eliminated.

A consolidated amended class action complaint was filed in September 2016 and the parties have since fully briefed defendants’ motion to dismiss.

BofI Holding, Inc. Securities Class Litigation

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Lieff Cabraser serves as lead counsel for court-appointed lead plaintiff, Houston Municipal Employees Pension System (“HMEPS”), in this securities fraud class action against BofI Holding, Inc. and certain of its senior officers. The action charges defendants with issuing materially false and misleading statements and failing to disclose material adverse facts about BofI’s business, operations, and performance.

In September 2016, the court largely denied defendants’ motion to dismiss the consolidated amended complaint. Plaintiff filed a second amended complaint in November 2016 in order to remedy the few claims that had been dismissed. In May 2017, the court denied in significant part defendants’ motion to dismiss that complaint.

The case is Houston Municipal Employees Pension System v. BofI Holding, Inc., et al., No. 3:15-cv-02324 (S.D. Cal.). A copy of the consolidated amended complaint is available here.

If you would like more information about the litigation, or have information relevant to the lawsuit, please use the form below or contact Richard Texier of Lieff Cabraser toll-free at 1-800-541-7358 or at rtexier@lchb.com.

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About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Seattle, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.” Best Lawyers and U.S. News named Lieff Cabraser as a “Law Firm of the Year” for 2016, and Benchmark Litigation included our firm in its 2016 “Top 10 Plaintiffs Firms” listing.