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Mark Stoyas v. Toshiba Corporation et al
Case Number:
2:15-cv-04194
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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January 25, 2022
Toshiba Investors Want 9th Circ. To Save Class Action Again
Toshiba Corp. investors who had securities claims revived by the Ninth Circuit in 2018 are now asking the appellate court to step in again after losing their bid for class certification earlier this month.
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January 07, 2022
Toshiba Investors Denied Class Cert. In Accounting Fraud Suit
A proposed class of Toshiba investors suing the company over an alleged $2.6 billion accounting fraud was denied certification Friday by a California federal judge who said the pension fund plaintiffs bringing the suit failed to satisfy the so-called typicality requirement for class certification because their shares weren't purchased on a U.S. exchange.
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January 29, 2020
Toshiba Can't Shake Stock Claims Revived By 9th Circ.
Toshiba Corp. can't dodge shareholders' proposed securities class action alleging the company cooked its books over six years to the tune of $2.6 billion, a California federal judge ruled Tuesday.
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May 23, 2016
Toshiba Wields Morrison To Cut Off ADS Holders' Fraud Action
A California federal judge Friday tossed a proposed class action against Toshiba Corp. over accounting fraud leading to a drop in the price of American depositary shares, saying the U.S. Supreme Court's Morrison decision puts the claims out of reach of U.S. securities laws.
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May 16, 2016
Toshiba Investors Say Morrison Ruling Doesn't Nix Fraud Suit
Investors alleging they were deceived by Toshiba Corp.'s inflated earnings reports told a California federal judge Monday that their putative class action over Japanese stock bought in the U.S. survives the Supreme Court's Morrison decision, which held the Securities Exchange Act doesn't apply to foreign investments.