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Callan v. Motricity Inc et al
Case Number:
2:11-cv-01340
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Badgley Mullins
- Bottini & Bottini
- Breskin Johnson
- DLA Piper
- Hagens Berman
- Harwood Feffer
- Keller Rohrback
- Latham & Watkins
- Lieff Cabraser
- Robbins Geller
- Stritmatter Kessler
Companies
- JPMorgan Chase & Co.
- Needham & Co. LLC
- Pacific Crest Securities Inc.
- RBC Capital Markets
- Robert W. Baird & Co. Inc.
Sectors & Industries:
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October 02, 2013
Motricity Dodges Shareholder Suit Over IPO
A Washington federal judge put the kibosh on a shareholder suit over Motricity Inc.'s initial public offering for the final time Tuesday, finding that the plaintiffs had simply repackaged already dismissed allegations of false statements by Motricity and its bank underwriters.
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January 18, 2013
Motricity, Underwriters Defeat Investors' IPO Suit
A Washington federal judge tossed a shareholder suit Thursday over Motricity Inc.'s initial public offering, finding that the plaintiffs couldn't point to any false statements made by the mobile data service provider or its bank underwriters.
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February 15, 2012
Underwriters Want Motricity Investors' IPO Suit Tossed
Underwriters for the initial public offering of Motricity Inc., including JP Morgan Securities Inc., Goldman Sachs & Co. and Deutsche Bank Securities Inc., asked a federal judge Tuesday to throw out a putative class action lodged by shareholders of the mobile data service provider, saying they failed to show the company made false statements.
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August 15, 2011
Motricity Faces Investor Suit After Stock Plunge
Motricity Inc. and its executives on Friday were hit with a proposed class action in Washington state by an investor who claims misleading and overly optimistic statements during the company's initial stock offering last year led to an inflated stock price, which has since plummeted more than 90 percent.