May 05, 2020
Supply chain and production problems that helped sink Livent Corp. stock values after its $340 million initial public offering could not have been reasonably foreseen in advance of the IPO, a Pennsylvania federal judge heard during oral arguments on Tuesday in an investor class action.
July 23, 2019
Numerous groups of investors are vying to lead a proposed class action against a chemical company they say misled them and caused the company's stock to nosedive, while also urging a Pennsylvania federal judge to combine two related cases.
May 23, 2019
A Philadelphia-based chemical manufacturer was hit Wednesday with a shareholder lawsuit in federal court alleging that documents it filed in advance of its initial public offering last year omitted key facts about its business operations, resulting in missed sales targets and tumbling stock values.