October 11, 2017
A New York federal judge gave preliminary approval Wednesday to a $28.5 million deal settling claims by Cnova shareholders that company executives and directors tanked the e-commerce firm's value by hiding inventory issues and overstating net sales.
January 21, 2016
A Cnova shareholder hit the company's executives and directors Thursday with a putative class action in New York federal court, saying they tanked the company's value by hiding inventory issues in its South American distribution centers and overstating its net sales.