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Lopes v. Fitbit, Inc. et al
Case Number:
3:18-cv-06665
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
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Firms
Companies
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August 26, 2019
Fitbit Seeks To Toss Investors' 'Fraud By Hindsight' Claims
Fitbit Inc. asked a California federal judge on Friday to dismiss a consolidated securities suit that the company says alleges nothing more than "fraud by hindsight" related to two stock drops that occurred in 2016 and 2017.
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April 26, 2019
Glancy Prongay To Lead Consolidated Fitbit Stock-Drop Suit
A California federal judge decided Thursday that Glancy Prongay & Murray LLP will lead a consolidated securities suit that hopes to hold Fitbit Inc. accountable for stock price drops allegedly caused by its misrepresentations about competition in the market for wearable technology.