August 12, 2016
A California federal judge dismissed claims Friday against Amira Nature Foods Ltd. brought by a putative class of investors, including a pension fund, who say they lost money when Amira’s stock price plunged following accusations of inflated financial reporting ahead of its $90 million initial public offering.
April 14, 2015
A pension fund that says it lost money on Amira Nature Foods Ltd. when its stock price dropped following accusations of inflated financial reporting ahead of its initial public offering asked a California federal judge on Monday to consolidate two putative class actions against the company and appoint the pension fund lead plaintiff.
February 11, 2015
Amira Nature Foods Ltd. shareholders filed a class action complaint in California federal court on Wednesday, after a Monday research report suggested that the food exporter inflated its revenue, leading its $90 million initial public offering to be overvalued.