October 22, 2015
A California federal judge on Wednesday handed a win to an Etsy shareholder by remanding to state court a securities fraud suit over the company's initial public offering, saying amendments to securities law prohibited the removal of the suit to federal court in the first place.
September 17, 2015
Etsy Inc. on Wednesday again urged a California federal court to send a putative class action over its initial public offering to its home turf in New York, while the shareholder insisted the case should be remanded to state court in California.
September 10, 2015
Etsy Inc. said Wednesday that a suit alleging the company hid widespread counterfeiting from initial public offering investors should be heard in New York federal court, not California state court, arguing that a 1998 federal law was intended to keep most large securities class actions in federal hands.
August 27, 2015
A putative class of Etsy Inc. investors urged a California federal court Wednesday to remand a securities class action alleging fraud related to the company's initial public offering, saying the Securities Litigation Uniform Standards Act of 1998 renders the suit's removal from state court improper.
August 24, 2015
E-commerce platform manager Etsy Inc. has requested that an investor's putative class action alleging securities fraud related to the company's initial public offering be removed from California state court to federal court, claiming in a Monday filing that federal courts have jurisdiction over cases asserting Securities Act violations.