City of Riviera Beach General Employees Retirement System v. Macquarie Infrastructure Corporation et al

  1. February 25, 2025

    Macquarie Investors Fight To Keep Stock-Drop Suit Alive

    Investors accusing Macquarie Infrastructure Corp. of hiding the expected impact of a high-sulfur fuel ban on its oil storage business say that because the U.S. Supreme Court left most of their claims against the company intact, the district court should not grant dismissal on remand.

  2. September 08, 2021

    Macquarie Gets Investors' Stock-Drop Suit Tossed

    A New York federal judge on Tuesday threw out a proposed securities class action claiming that a U.S. infrastructure investment affiliate of Macquarie Group kept investors in the dark about its exposure to a then-pending environmental regulation, finding no plausibly alleged misrepresentations to sustain the case.

  3. April 23, 2019

    Macquarie Says Investors' Stock-Drop Suit Oversells Evidence

    Macquarie and its executives asked a New York federal judge Monday to nix a stock-drop lawsuit by investors alleging it misled them about the health of its liquid storage business, arguing the shareholders are attempting to manufacture a pattern of deception by the infrastructure company.

  4. January 31, 2019

    Bernstein Litowitz To Lead Macquarie Stock-Drop Suits

    Bernstein Litowitz Berger & Grossmann LLP will act as lead counsel in the consolidated investor stock-drop actions against Macquarie Infrastructure Corp. after its client beat out five other contenders for lead plaintiff, a New York federal judge decided Wednesday.