January 27, 2012
Imax Corp. has agreed to pay $12 million to wind up a putative class action alleging the movie pioneer misled investors about shoddy accounting methods, according to settlement papers filed Thursday in New York federal court.
March 13, 2009
A federal judge has denied a bid for class certification by a group of Imax Corp. investors in securities litigation against the movie pioneer so that she can consider a bid for lead plaintiff status by a rival shareholder group.
August 23, 2006
Already facing four shareholder lawsuits, IMAX Corp. has been hit by a fifth securities class action accusing the movie pioneer of issuing fraudulent financial statements.
August 14, 2006
Two days after revealing that it was under investigation by the U.S. Securities & Exchange Commission, IMAX Corp. has been hit with a securities class action lawsuit accusing the movie pioneer of fraud.