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In re: Rayonier Inc. Securities Litigation
Case Number:
3:14-cv-01395
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Akin Gump
- Bedell Dittmar
- Bernstein Litowitz
- Block & Leviton
- Bronstein Gewirtz
- Buckley LLP
- Burr & Forman
- Foley & Lardner
- Friedman Kaplan
- Glancy Prongay
- Jimerson Birr
- Jones Day
- Klausner Kaufman
- McGuireWoods
- Moseley Prichard
- Orrick Herrington
- Pomerantz LLP
- Saxena White
Companies
Sectors & Industries:
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April 13, 2017
Timber Co. Will Pay $73M To End Stock-Drop Suit
Forestry company Rayonier Inc. will pay $73 million to settle claims that it misled investors about its timber inventory and inflated its stock price until the truth came out in late 2014, according to documents filed in Florida federal court on Wednesday.
-
May 24, 2016
Timber Co. Can't Ax Investor Suit Over Harvesting Practices
A Florida federal judge has denied timber company Rayonier Inc.'s bid to dodge a proposed shareholder class action accusing it of dooming stock prices by lying about maintaining sustainable forests, rejecting its argument that two trust funds that sued the harvester failed to state a claim.