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IN RE HD Supply Holdings, Inc. Derivative Litigation
Case Number:
1:17-cv-02977
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
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January 14, 2021
HD Supply Derivative Settlement Gets Initial Nod
A federal judge in Atlanta on Thursday gave the initial nod to an agreement to settle consolidated derivative litigation accusing officers of industrial distributor HD Supply Holdings Inc. of concealing a trio of business challenges, causing a decline in the trading price of the company's shares when the problems were made public.
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August 09, 2017
HD Supply Hit With Investor Actions Over $1.4B Stock Drop
HD Supply Inc. was hit with a flurry of securities suits Tuesday as shareholders accused the company and its directors in Georgia federal court of triggering a nearly 20 percent stock drop that cut more than $1.4 billion in market capitalization in a single day.