October 30, 2019
A proposed class of shareholders who claim they were burned by Liquid Holdings Inc.'s initial public offering have reached a $4 million settlement with the bankrupt hedge fund software provider after four years of litigation.
January 02, 2019
A New Jersey federal judge has trimmed a proposed class action alleging former executives of now-bankrupt software service provider Liquid Holdings Group Inc. and the underwriter of its IPO neglected to disclose various misconduct, saying the investors haven't shown their shares were directly tied to the offering at issue.
November 01, 2016
The underwriters and officers behind the initial public offering of a now-bankrupt New Jersey company asked a federal court to dismiss a putative stockholder class action suit, arguing the plaintiffs didn't buy into the company until a year after the IPO.