AVEO Pharmaceuticals, Inc.

According to the Complaint, the Company made false and misleading statements to the market. The 2013 TIVO-3 trial for AVEO’s lead candidate drug, tivozanib, was not adequately designed to address concerns about survivability. The drug did not have sufficient survival data to gain FDA approval after its initial rejection. The lack of survival data put the Company at risk for additional FDA approval delays. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about AVEO, investors suffered damages.

-->

Revolution Lighting Technologies, Inc.

According to the Complaint, the Company made false and misleading statements to the market. Revolution Lighting improperly recognized revenue for various transactions, resulting in the Company’s financial statements being misstated. Revolution failed to maintain adequate controls on its financial reporting. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Revolution Lighting, investors suffered damages.

-->

Arlo Technologies, Inc.

According to the Complaint, the Company made false and misleading statements to the market. Arlo’s new battery for the Company’s Ultra camera systems suffered from flaws and quality issues. These problems resulted in a shipping delay in the Ultra cameras. The delays endangered Arlo’s product from reaching the market for the holiday season, and allowed competitors to capitalize on the issue, gaining market share from the Company. At the same time, Arlo’s customers experienced problems with the product including excessive battery drain. The battery issues were likely to negatively impact the fourth quarter 2018 financial results. Based on these facts, the Company’s Registration Statement was false and materially misleading. When the market learned the truth about Arlo, investors suffered damages.

-->

Bristow Group Inc.

According to the Complaint, the Company made false and misleading statements to the market. Bristow failed to maintain appropriate monitoring processes for non-financial covenants related to its secured financing and leasing agreements. This failure resulted in the Company lacking the ability to reasonably assure compliance on non-financial covenants. In fact, the Company was reasonably likely to breach these non-financial covenants. At the same time, Bristow understated its short-term debt. Correcting this error would materially impact the Company’s financial statements. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Bristow, investors suffered damages.

-->

United Microelectronics Corp.

According to the Complaint, the Company made false and misleading statements to the market. United Microelectronics entered into a conspiracy with Fujian to steal trade secrets from Micron related to the R&D of DRAM. The Company hired former Micron employees specifically to steal research and trade secrets from Micron. These activities put the Company at risk of criminal investigation by the U.S. government. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about United Microelectronics, investors suffered damages.

-->

Vanda Pharmaceuticals Inc.

According to the Complaint, the Company made false and misleading statements to the market. Vanda engaged in a fraudulent off-label usage scheme with its drugs Fanapt and Hetlioz. The Company abused the Medicare, Medicaid, and Tricare programs to receive drug reimbursements from the government. Due to this fraudulent activity, the Company faced legal action by the government. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Vanda, investors suffered damages.

-->

Molson Coors Brewing Company

According to the Complaint, the Company made false and misleading statements to the market. Molson Coors did not take proper steps to reconcile the outside basis deferred income tax liability for the Company’s investment in the MillerCoors, LLC partnership. This resulted in the Company misreporting its net income in its financial statements for the year ending December 31, 2016, and December 31, 2017. Consequently, the net income for these two years was revised downwards. Molson Coors lacked effective internal controls on financial reporting. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Molson Coors, investors suffered damages.

-->

Maiden Holdings, Ltd.

According to the Complaint, the Company made false and misleading statements to the market. Maiden failed to create and maintain sufficient underwriting processes and risk management controls necessary to set appropriate prices for reinsurance and avoid excessive losses. The Company did not take steps to assess the risk of the portfolio of its largest customer, AmTrust, which is a related party. Maiden did not undertake independent reviews, analyses, and audits of AmTrust, which would have discovered the risk had been understated. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Maiden, investors suffered damages.

-->

Wirecard AG

According to the Complaint, the Company made false and misleading statements to the market. A senior Wirecard executive located in Singapore was accused of backdating contracts and other acts of forgery including falsifying accounts and money laundering, throughout the time period of 2015 to 2018. When the Company hired an external law firm to investigate the Singapore office, it reported “serious offences of forgery and/or of falsification of accounts.” Wirecard denied material weakness in its internal controls and failed to disclose the true weakness of its financial reporting controls to investors. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Wirecard, investors suffered damages.

-->

General Electric Company

According to the Complaint, the Company made false and misleading statements to the market. General Electric was the target of an SEC investigation into its accounting practices, and the investigation had been expanded. The Company’s Power Charge was one focus of the investigation. At the same time, the Department of Justice opened an investigation into the Company’s accounting practices and the GE Power Charge. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about General Electric, investors suffered damages.

-->