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City of Riviera Beach General Employees Retirement System v. Macquarie Infrastructure Corporation et al
Case Number:
1:18-cv-03608
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bernstein Litowitz
- Bleichmar Fonti
- Kahn Swick
- Kaplan Fox
- Labaton Keller
- Levi & Korsinsky
- Olshan Frome
- Paul Weiss
- Pomerantz LLP
- Robbins Geller
- Steptoe LLP
- Winston & Strawn
Companies
- Barclays PLC
- Macquarie Group Ltd.
- Macquarie Infrastructure Corp.
- Municipal Employees' Retirement System of Michigan
Sectors & Industries:
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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.
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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.
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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.
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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.