July 24, 2023
A video and yoga streaming service has asked a Colorado federal judge to throw out an investor class action against it, arguing the plaintiffs are trying to "stretch securities laws beyond their limits" and haven't actually established how an allegedly inflated subscriber count impacted stock prices or broke the law.
February 23, 2023
The Rosen Law Firm is asking a Colorado federal judge for approval to lead a proposed class action against the yoga video streaming service Gaia Inc. over allegations the company misrepresented its subscriber numbers to investors and opened itself up to regulatory scrutiny.
December 21, 2022
Yoga video streaming service Gaia Inc. faces an investor's proposed class action over claims that it misrepresented its subscriber tally to investors, leaving the company vulnerable to regulatory scrutiny that ultimately materialized in the form of an investigation by, and an anticipated $2 million settlement with, the U.S. Securities and Exchange Commission.