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Oakland County Voluntary Employees Beneficiary Association et al v. Opendoor Technologies Incorporated et al
Case Number:
2:22-cv-01987
Court:
Nature of Suit:
Other Statutes: Securities/Commodities
Multi Party Litigation:
Class Action
Judge:
Firms
- DeConcini McDonald
- Faruqi & Faruqi
- Glancy Prongay
- Keller Rohrback
- Labaton Keller
- Levi & Korsinsky
- Lewis Roca
- Rusing Lopez
- Shearman & Sterling
- Zwillinger Wulkan
Companies
- Academy Securities Inc.
- Barclays PLC
- BTIG LLC
- Citigroup Inc.
- Deutsche Bank AG
- Loop Capital Markets LLC
- Oppenheimer Holdings Inc.
- Siebert Williams Shank & Co. LLC
- TD Securities Inc.
- The Goldman Sachs Group Inc.
- Wedbush Securities Inc.
Sectors & Industries:
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February 02, 2023
Labaton Sucharow To Rep Investors In Opendoor Tech Suit
Labaton Sucharow LLP will represent a proposed class of investors in online real estate company Opendoor Technologies Inc. in a suit alleging the company concealed the shortcomings of its "iBuying" technology, hurting investors after the company disclosed significant losses on its iBuying business.
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December 21, 2022
Pension Funds Seek Lead In Suit Over 'IBuying' Property Tech
Pension funds for Indiana's state workers and Michigan's Oakland County employees urged an Arizona federal court to let them take the reins of a combined stockholder suit against Opendoor over the company's allegedly misleading statements about its "iBuying" algorithms.
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November 29, 2022
Opendoor Faces Investor Suit Over 'IBuying' Real Estate Tech
Digital residential real estate company Opendoor Technologies Inc. is facing shareholder allegations that it overhyped the capabilities of the algorithm underlying its "iBuying" technology, then saw stock prices tumble following revelations that the company was sustaining significant losses on its iBuying business.