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O'MEARA v. SHIFT4 PAYMENTS, INC. et al
Case Number:
5:23-cv-03206
Court:
Nature of Suit:
Other Statutes: Securities/Commodities
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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January 23, 2025
Shift4 Gets Accounting Practices Investor Suit Axed For Good
In an opinion permanently dismissing a class action against Shift4 Payments Inc., a Pennsylvania federal judge rhetorically asked what changed from the first amended complaint that accused the payment processing company of engaging in questionable accounting practices to keep its stock price afloat.
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August 15, 2024
Shift4 Beats Suit Over 'Questionable' Accounting Practices
A Pennsylvania federal judge has dismissed a proposed class action accusing payment processing company Shift4 Payments Inc. of engaging in questionable accounting practices to keep its stock price afloat, ruling that the plaintiffs had not proven that the company knowingly lied, among other things.