August 29, 2017
A federal judge in Austin, Texas, has tossed a would-be securities fraud class action targeting Whole Foods and six current and former executives over its overpricing scandal, finding that a twice-amended complaint made no credible allegation that the grocery giant now owned by Amazon.com intended to deceive shareholders.
February 22, 2016
Whole Foods Market Inc. told a Texas federal court Friday that investors' class allegations the grocery chain masterminded a plot to overcharge New York City customers were unfounded, and that the case should be permanently dismissed.
October 28, 2015
A Texas federal judge on Wednesday appointed Robbins Geller Rudman & Dowd LLP as lead counsel in a shareholder suit accusing Whole Foods Market Inc. of concealing that it was overcharging New York City customers, leading to lost profits and a stock drop.