Articles Posted in Class Action

Momo, Inc. (MOMO), a publicly-traded mobile application company that operates in China, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.

Momo, Inc. Class Period And Lead Plaintiff Deadline

Investors who purchased shares of Momo between April 21, 2015 and April 29, 2019 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws. Continue reading ›

Intersect ENT, Inc. (XENT), a publicly-traded company that makes medical implants, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.

Intersect Class Period And Lead Plaintiff Deadline

Investors who purchased shares of Intersect between August 1, 2018 and May 6, 2019 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws. Continue reading ›

Dynagas LNG Partners LP (DLNG), a liquefied natural gas carrier, is the subject of a class action lawsuit filed on behalf of shareholders who lost money investing in the company.

Dynagas Class Period And Lead Plaintiff Deadline

Investors who purchased shares of Dynagas between February 16, 2018 and March 21, 2019 (the class period) may be eligible to participate in the lawsuit, which concerns violations of federal securities laws. Continue reading ›

Almost 37,000 consumers are left paying $6.3 million in monthly premiums for insurance plans with Simple Health Plans LLC. The Federal Trade Commission is working on permanently closing the company. However, until a federal judge keeps the company permanently closed, the consumers still need to pay.

Simple Health has been shut down since October 31 when it was served a temporary restraining order. The FTC is accusing the health insurance company of running a huge scam that convinced thousands of consumers into thinking they were buying high quality health insurance policies. They were led to believe that the health insurance they were buying would cover things like hospital stays, visits to primary care physicians and specialists, and prescription drugs. In actuality, Simple Health LLC sold their consumers a package of discount plans and limited-benefit hospital coverage that only paid a maximum of $3,200 a year. Simple Health’s co-founder Steven J Dorfman and his affiliated companies made more than $150 million since 2013. Continue reading ›

On November 2, 2018, the FTC put out a press release regarding Simple Health Plans LLC, which announced that, at its request “a federal judge temporarily shut down a Florida-based operation that allegedly collected more than $100 million by preying on Americans in search of health insurance, selling these consumers worthless plans that left tens of thousands of people uninsured.”

A complaint filed in federal court against Simple Health and its owner alleged that they falsely led people to believe they were buying comprehensive health insurance, when they were really buying medical discount and limited benefit plans that didn’t qualify as health insurance and didn’t deliver the benefits promised. Continue reading ›

A class action lawsuit has been filed on behalf of investors against Health Insurance Innovations, Inc. (HIIQ), a distributor of health insurance plans. The lawsuit concerns potential violations of state and federal laws by the company and its officers.

If you are an investor and have suffered a loss with this company, you may be able to recover some of your losses. Continue reading ›

Village Farms International, Inc. (VFF), a publicly-traded vertically-integrated greenhouse grower of produce and cannabis, is being investigated by Silver Law Group concerning potential securities laws violations as well as violations by the selling stockbrokers.

If you are an investor and have suffered a loss with this company, you may be able to recover some of your losses.

Already publicly-traded in Canada, Village Farms started trading on the Nasdaq under the symbol “VFF” in February, 2019.