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John Loos v. Immersion Corporation, et al
Case Number:
12-15100
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Sectors & Industries:
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September 11, 2014
9th Circ. Says Immersion Ruling Doesn't Stray From Meyers
The Ninth Circuit on Thursday amended its recent refusal to revive a shareholder class action alleging touch-feedback technology maker Immersion Corp. falsely reported revenues, saying it hadn't broken with Eleventh Circuit precedent that the announcement of an investigation can form a viable loss-causation theory.
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August 07, 2014
9th Circ. Kills Immersion Corp. Shareholders' Fraud Suit
In a published opinion Thursday, the Ninth Circuit refused to revive a shareholder class action alleging touch-feedback technology maker Immersion Corp. falsely reported revenues, finding the plaintiff failed to link the company's stock decline to a press release announcing an internal investigation of its accounting practices.
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February 12, 2014
Immersion Shareholders Urge 9th Circ. To Revive Fraud Suit
Shareholders in touch-feedback technology maker Immersion Corp. urged the Ninth Circuit on Wednesday to revive their securities class action claiming the firm falsely reported revenues and caused its stock to falter when the misreporting was disclosed, arguing there was plenty of evidence showing company executives acted knowingly.