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IN RE WEIGHT WATCHERS INTERNATIONAL, INC. SECURITIES LITIGATION
Case Number:
1:14-cv-01997
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 11, 2016
Weight Watchers Escapes Investor Suit Over Slimming Stock
Weight Watchers International Inc. beat a proposed investor class action alleging the company concealed problems with a new software rollout and threats from competition when a New York judge ruled Wednesday the complaint’s allegations about why customers left amounted to possible “industry gossip.”
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March 27, 2014
Weight Watchers Hit With Investor Suit Over Slimming Stock
Weight Watchers International Inc. and hedge fund Artal Group S.A. were hit with a proposed class action in New York federal court last week accusing high-ranking executives of carrying out a flawed share buyback program to line their own pockets at the expense of investors.