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In Re NII Holdings, Inc. Securities Litigation
Case Number:
1:14-cv-00227
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Citigroup Inc.
- Credit Suisse Group AG
- Deutsche Bank AG
- HSBC Holdings PLC
- JPMorgan Chase & Co.
- Morgan Stanley
- NII Holdings Inc.
Sectors & Industries:
-
April 18, 2016
NII Inks $41.5M Deal To Exit Pension Fund Securities Row
Pension fund investors and NII Holdings Inc. asked a Virginia federal judge on Monday to grant preliminary approval of a $41.5 million securities class settlement over claims the now-bankrupt wireless service company misrepresented its ability to modernize its network.
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November 17, 2015
NII Shareholders Win Cert. In Suit Over Execs' Bold Claims
Investors who allege NII Holdings Inc.'s executives lied about the since-bankrupted wireless service provider's ability to modernize its network won class certification on Tuesday when a Virginia federal judge ruled that the company's stock and bond prices were affected by the allegedly false statements.