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Nike Manufacturing Contractor Outruns Investor Suit Again


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Nike Manufacturing Contractor Outruns Investor Suit Again
Law360 (December 11, 2020, 9:08 PM EST) A California federal judge on Thursday put an end to proposed shareholder class action claims against manufacturer Flex Ltd., finding that despite multiple attempts, Flex investors had failed to show how the company s claims about a production contract with shoe behemoth Nike violated federal securities laws.
In a Dec. 11 order, U.S. District Judge Lucy H. Koh dismissed lead plaintiff National Elevator Industry Pension Fund s suit against Flex and four of its executives, finding that the suit didn t explain how any allegedly fraudulent public statements about the company were untrue or misleading when the statements were made. ....

Lucyh Koh , National Elevator Industry Pension Fund , Uflex Ltd , Judge Lucy , தேசிய லிஃப்ட் தொழில் ஓய்வூதியம் நிதி , நெகிழ்வு லிமிடெட் , நீதிபதி லூசி ,

Nike Manufacturing Contractor Outruns Stock-Drop Suit Again

Nike Manufacturing Contractor Outruns Stock-Drop Suit Again
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.

Lucyh Koh , National Elevator Industry Pension Fund , Uflex Ltd , Judge Lucy , தேசிய லிஃப்ட் தொழில் ஓய்வூதியம் நிதி , நெகிழ்வு லிமிடெட் , நீதிபதி லூசி ,