June 15, 2016
A New York federal judge on Wednesday rejected a proposed notice informing Covisint Corp. shareholders of an $8 million settlement in a class action alleging that the cloud-based endeavor's initial public offering documents were misleading.
May 06, 2016
Covisint Corp., the cloud-based endeavor founded by a consortium of automakers including General Motors and Ford, agreed Thursday to pay $8 million to a class of shareholders alleging in New York federal court that the company's initial public offering documents were misleading.
February 23, 2016
A New York federal judge on Monday certified a class of shareholders of Covisint Corp., the cloud-based endeavor founded by a consortium of automakers including General Motors Co. and Ford Motor Co., who claim the company's initial public offering documents were misleading.
April 21, 2015
Covisint Corp. shareholders on Tuesday fought to keep alive their putative class action alleging they were misled into buying stock in the largely failed former Compuware unit, saying the U.S. Supreme Court's recent Omnicare ruling bolsters their case.
June 06, 2014
Shareholders of Covisint Corp., a largely failed cloud-based endeavor formerly owned by a consortium of auto makers including General Motors Co. and Ford Motor Co., have filed a putative class action claiming they were misled by the company into buying stock, according to a suit made public Friday.