Edward Todd v. Staar Surgical Company et al

Track this case

Case Number:

2:14-cv-05263

Court:

California Central

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Michael W. Fitzgerald

Firms

  1. June 20, 2017

    Surgical Co. Investors Nab $7M Settlement In Stock-Drop Suit

    Staar Surgical Co., accused by investors of wrongly downplaying the U.S. Food and Drug Administration's concerns about its manufacturing practices, has reached a $7 million deal to end the litigation, according to a proposal filed in California federal court Tuesday.

  2. January 05, 2017

    Staar Surgical Investors Snag Class Cert. In Stock-Drop Suit

    A California federal judge on Thursday certified a class of investors in Staar Surgical Co. who allege the company wrongly downplayed U.S. Food and Drug Administration concerns about its manufacturing, finding the shareholders produced enough evidence to float their claims as a group.

  3. December 12, 2016

    Staar Surgical Investors Seek Class Cert. In Stock-Drop Row

    An attorney for a Staar Surgical Co. investor urged a California judge Monday to certify a class of shareholders alleging the company artificially inflated its stock price by downplaying U.S. Food and Drug Administration concerns about its manufacturing, arguing that, contrary to Staar's claims, his client is typical of the proposed class.

  4. November 16, 2015

    Surgical Co. Can't Nix Investor Suit Over Lens Implants

    A California federal judge on Monday tentatively refused to dismiss a putative class action alleging STAAR Surgical Co. misled investors by suggesting FDA approval of its implantable contact lenses was imminent and downplaying concerns about manufacturing problems, saying "people bought stock and then lost money."