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The state of New Mexico filed a class action lawsuit against some of the largest financial institutions in the country alleging a 15-year pattern of manipulating the market for complex financial instruments called credit default swaps.
The lawsuit was filed Wednesday on behalf of the New Mexico State Investment Council by the Attorney General’s Office and Kirby McInerney LLP, a New York law firm, in New Mexico federal court.
The lawsuit does not specify how much the alleged market manipulation cost the SIC over a 15-year period starting in 2005 and asks for the court to determine damages.
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INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against ContextLogic Inc.
NEW YORK, May 19, 2021 (GLOBE NEWSWIRE) The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired ContextLogic Inc. (“ContextLogic” or the “Company”) (NASDAQ: WISH) securities between December 16, 2020 and May 12, 2021, both dates inclusive (the “Class Period”); and/or ContextLogic common stock pursuant and/or traceable to the offering documents issued in connection with the Company’s initial public offering conducted on December 16, 2020 (the “IPO” or “Offering”). Investors have until July 16, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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Lead Plaintiff Deadline: June 8, 2021
3D Systems is a holding company that offers three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools.
On March 1, 2021, 3D Systems issued a press release advising investors that it would delay the filing of its annual report on a Form 10-K. The Company stated that “the delay in filing is primarily related to the presentation of cash flows associated with the divestiture process for its Cimatron and GibbsCam software businesses.” 3D Systems also stated that it had identified “certain internal control deficiencies” and that, as a result, it would “report material weaknesses in internal controls in its fiscal 2020 Annual Report on Form 10-K.” On March 2, 2021, 3D Systems filed a NT-10-K with the SEC, stating that their 10- K filing would be delayed.
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Home / Top News / INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That Class Action Lawsuits Have Been Filed Against and 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. and Encourages Investors to Contact the Firm
INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That Class Action Lawsuits Have Been Filed Against and 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. and Encourages Investors to Contact the Firm
NEW YORK, April 30, 2021 (GLOBE NEWSWIRE) The law firm of Kirby McInerney LLP reminds investors that class action lawsuits have been filed on behalf of stockholders of 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. Investors have until the deadlines below to apply to the Court to be appointed as lead plaintiff in the lawsuit. Additional information about each case can be found at the links provided below.
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