January 22, 2016
Yelp Inc. shareholders engaged in a proposed class action against the review site over claims it artificially inflated its stock price by lying about the authenticity of its reviews told a California federal court on Thursday that they will appeal their suit's dismissal to the Ninth Circuit.
November 24, 2015
A California federal judge has dismissed a securities class action against review site Yelp Inc. claiming it oversold the authenticity of its reviews and thereby pumped up its stock price, saying a few businesses' complaints to the Federal Trade Commission didn't constitute evidence of wrongdoing.
November 10, 2015
Yelp Inc. urged a California federal judge Tuesday to toss a proposed class action claiming the review site artificially inflated its stock price by lying about the authenticity of its reviews, arguing that stock values had already begun falling when the truth was supposedly revealed.
April 22, 2015
A California federal judge on Tuesday threw out a consolidated class action alleging Yelp Inc. artificially inflated its stock price by lying about the authenticity of the reviews on its site, finding Yelp hadn't concealed review problems from its investors.
April 16, 2015
Yelp Inc. urged a California federal judge Thursday to throw out a consolidated class action alleging the online consumer review website artificially inflated its stock by falsely promoting the authenticity of "firsthand" reviews, arguing there's no evidence that Yelp's claims about its reviews are false.
March 10, 2015
Yelp Inc. shareholders have asked a California federal judge to reject Yelp's attempt to boot their consolidated class action alleging the online consumer review website artificially inflated its stock by falsely promoting the authenticity of "firsthand" reviews, insisting their claims were sufficiently pled.
August 06, 2014
Yelp Inc. on Wednesday was hit with a shareholder class action lawsuit in California federal court by investors claiming the online business review platform kept its stock artificially inflated by making false claims about the authenticity of its "firsthand" reviewers.