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IN RE TEXTRON, INC. SECURITIES LITIGATION
Case Number:
1:19-cv-07881
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 24, 2022
Judge Grants Preliminary OK To $7.9M Textron Investor Deal
A New York federal judge has given the first green light to a $7.9 million settlement between Textron Inc. and investors who accused the aviation and recreational vehicle company of hiding sales performance problems with a snowmobile company it bought in 2017.
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July 20, 2020
Textron Escapes Investor Suit Over Arctic Cat Buy
Textron Inc. slipped a proposed securities class action Monday after a New York federal judge found that its shareholders hadn't properly alleged a single misrepresentation regarding Textron's purchase of a snowmobile company in 2017.
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January 27, 2020
Textron Looks To Nix Stock-Drop Suit Over Arctic Cat Buy
Textron Inc. has urged a New York federal court to toss a shareholder suit over a stock drop allegedly linked to misrepresentations made about its 2017 acquisition of a snowmobile company, contending that the investors haven't pointed to any misleading statements.
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October 22, 2019
Kaplan Fox, Labaton Vie To Lead Textron Stock-Drop Suit
Kaplan Fox & Kilsheimer LLP and Labaton Sucharow LLP are both fighting for the lead counsel role in a proposed shareholder class action accusing Textron Inc. of hiding sales performance problems with a snowmobile company it bought in 2017.