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Beisel v. La Quinta Holdings Inc. et al
Case Number:
1:16-cv-03068
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
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August 24, 2017
Judge Tosses $551M La Quinta Securities Class Suit
A New York federal judge on Thursday tossed a proposed securities fraud class action against La Quinta Holdings Inc. alleging the hotel chain didn't disclose a financial downturn ahead of a $550.8 million secondary public offering, ruling the investors bringing suit failed to plausibly allege any material misstatements or omissions.
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July 22, 2016
Kirby McInerney Wins Lead In $551M La Quinta Class Action
A New York federal judge on Thursday named Kirby McInerney LLP lead counsel in a proposed class action alleging hotel chain La Quinta Holdings Inc., The Blackstone Group LLC and others failed to disclose a downturn in the chain’s financials ahead of the company's $550.8 million secondary public offering.
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April 26, 2016
Hotel Chain Hid Slowdown Before $551M Offering, Suit Says
Hotel chain La Quinta Holdings Inc., The Blackstone Group LLC and others didn't disclose a downturn in demand for hotel rooms ahead of the company's $550.8 million secondary public offering, investors alleged in New York federal court Monday.