Azar v. Grubhub Inc. et al

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Case overview

Case Number:

1:19-cv-07665

Court:

Illinois Northern

Nature of Suit:

850(Securities/Commodities)

Multi Party Litigation:

Class Action

Judge:

Honorable Matthew F. Kennelly

Firms

Companies

Sectors & Industries:

  1. January 13, 2023

    Robbins Geller Gets $12.6M Fee In Grubhub Suit

    Robbins Geller Rudman & Dowd LLP attorneys can collect a $12.6 million fee for their work representing a class of Grubhub Inc. investors in a case alleging the takeout delivery company misrepresented its growth, a federal judge in Chicago has determined.

  2. December 09, 2022

    Attys Seek $12.6M In Grubhub Investors' Securities Suit

    After Grubhub Inc. and a class of investors reached a $42 million settlement agreement to resolve claims that the company lied about its ability to attract profitable restaurants and diners in new locations, attorneys for the investors have asked an Illinois federal judge for $12.6 million in fees. 

  3. October 11, 2022

    Grubhub Agrees To Pay $42M To End Investors' Securities Suit

    Grubhub says it will pay $42 million to end claims that it lied to investors about the success of its ability to attract profitable restaurants and diners in new locations, as both sides of the securities litigation were waiting to see if an Illinois federal judge would certify the class.

  4. August 15, 2022

    Grubhub Fights Investors' Certification Bid In Securities Suit

    Grubhub has asked an Illinois federal judge not to certify a group of investors in a proposed securities class action claiming the online food delivery platform made false statements about its ability to attract high-quality diners and expand into new markets, arguing the proposed class representatives are inadequate.

  5. June 02, 2022

    Grubhub Investors Seek Class Cert. In Securities Suit

    Grubhub investors have asked an Illinois federal court for class certification in their suit against the online food-delivery platform, saying the Seventh Circuit favors securities-fraud litigation as a class action and the company has already failed to win its bid to dismiss their suit.

  6. September 08, 2021

    Grubhub Must Face Investors' Claims That Execs Hid Info

    Grubhub must face a proposed securities class action after an Illinois federal judge found that investors made sufficient claims about alleged false and misleading statements the food delivery platform made about its ability to attract high-quality diners and expand into new markets.

  7. January 15, 2021

    Investors Say Grubhub Stock Claims Not 'Fraud By Hindsight'

    Grubhub investors urged an Illinois federal judge Friday not to toss out their securities fraud suit claiming the company lied about its ability to attract high-quality diners, arguing their complaint lays out a legal theory "far from 'fraud by hindsight.'"

  8. November 12, 2020

    Grubhub Looks To Toss Investors' Claims That Execs Hid Info

    Grubhub urged an Illinois federal judge Wednesday to toss a proposed class action that claims the food delivery company hid negative trends among new customers from investors, arguing it was in fact transparent and the lawsuit impermissibly alleges fraud by hindsight.