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SCHWARTZ v. URBAN OUTFITTERS, INC. et al
Case Number:
2:13-cv-05978
Court:
Nature of Suit:
Other Statutes: Securities/Commodities
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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June 08, 2016
Urban Outfitters Reaches $8.5M Class Deal With Investors
Urban Outfitters Inc. agreed to pay $8.5 million to a group of investors who accused the clothing retailer of hiding the harsh truth about its sales trends ahead of a 2013 stock drop, according to a proposed deal to end the suit in Philadelphia on Wednesday.
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February 29, 2016
Urban Outfitters Shareholders Win Class Cert.
A Philadelphia federal judge ruled Monday that a group of Urban Outfitters investors suing over a 2013 stock drop can bring their claims as a class despite the retailer's attacks on the individual investor leading the suit.
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May 05, 2015
Urban Outfitters Can't Escape Securities Class Action
A Pennsylvania federal judge has denied Urban Outfitters' request to dismiss a securities class action filed in 2013, saying Monday that the complaint adequately pled claims like scienter and false statements.
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October 11, 2013
Urban Outfitters Hit With Securities Class Action
Urban Outfitters Inc. was hit with a shareholder class action in Pennsylvania federal court Friday alleging the retailer misled investors about its financial performance, failing to disclose its declining sales in recent months.