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Kipling v. Flex Ltd. et al
Case Number:
5:18-cv-02706
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 11, 2020
Nike Manufacturing Contractor Outruns Investor Suit Again
A California federal judge on Thursday put an end to proposed shareholder class action claims against manufacturer Flex Ltd., finding that despite multiple attempts, Flex investors had failed to show how the company's claims about a production contract with shoe behemoth Nike violated federal securities laws.
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June 01, 2020
Nike Manufacturing Contractor Beats Stock-Drop Suit For Now
A California federal judge dismissed a stock-drop suit accusing manufacturer Flex Ltd. of "overpromising" about an ill-fated contract it established with sneaker behemoth Nike on grounds the company's projections were statements protected by law, but she allowed investors another crack at the claims.