Nieves v. Davis et al
Case Number:
1:16-cv-03591
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Baker & Hostetler
- Bronstein Gewirtz
- Butzel Long
- Cohen Milstein
- Covington & Burling
- Friedman Kaplan
- Hunton Andrews
- Lowenstein Sandler
- Paul Weiss
- Shapiro Arato
- Winston & Strawn
Companies
Sectors & Industries:
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November 22, 2022
Cohen Milstein Gets $4.8M Fee In Performance Sports Case
A New York federal judge awarded more than $4.8 million in fees to Cohen Milstein Sellers & Toll PLLC, granting a request by the attorneys who secured a class action settlement between investors and former executives of the bankrupt Performance Sports Group Ltd. after nearly seven years of litigation.
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October 17, 2022
Attys Behind Performance Sports Deal Seek $3.6M In Fees
Lawyers representing Performance Sports Group investors should be awarded $3.6 million for their work in securing a settlement in a proposed class action alleging PSG executives lied to shareholders about the now-bankrupt athletic gear manufacturer's sales tactics, the attorneys told a New York federal court.
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December 02, 2021
Performance Sports Investors Score $13M Deal In Fraud Suit
Two former Performance Sports Group executives will pay $13 million through company insurance to end a proposed class action alleging they lied to shareholders about the now-bankrupt athletic gear manufacturer's sales tactics, according to a proposed deal filed Wednesday.
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September 14, 2021
Performance Sports Execs Settle Securities Fraud Suit
Two Performance Sports Group executives and investors led by the Plumbers & Pipefitters National Pension Fund reached a settlement in a proposed class action accusing the execs of misleading shareholders about sketchy sales tactics that bankrupted the sports gear manufacturer, the fund told a New York federal judge Tuesday.
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April 15, 2020
Performance Sports Execs Must Face Securities Fraud Suit
Two former Performance Sports Group executives can't dodge a proposed securities class action accusing them of misleading shareholders about sketchy sales tactics that bankrupted the sports gear manufacturer after a New York federal judge ruled that alleged misstatements were plausibly misleading.
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December 13, 2019
Investors Fight Performance Sports Execs' Bid To Nix Suit
Investors suing two executives of Performance Sports Group for allegedly bankrupting the sports gear manufacturer are fighting back against a dismissal bid, saying the bigwigs clearly misled shareholders by touting "organic" growth that was really driven by self-destructive "gun to head" sales practices and accounting gimmicks.
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July 18, 2017
Performance Sports Recoups $8M From $575M Ch. 11 Sale
A bankruptcy successor to Performance Sports Group resolved a $12 million dispute late Monday over the company's $575 million Chapter 11 sale to a private equity venture, with $8 million released from an escrow to the debtor's wind-down business.
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December 06, 2016
Investors Say PSG Case Should Continue Against Ex-Execs
A group of investors in a class action suit alleging Performance Sports Group, the company behind sports equipment brands Bauer Hockey and Easton Sports, misled them about the now-bankrupt company's value asked a New York court Monday to allow their claims against a pair of company officers to proceed, saying the officers should not be allowed to use the bankruptcy proceedings as a shield.
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June 07, 2016
Cohen Milstein, Pension Fund To Lead Sports Co. Stock Suit
A New York federal judge on Tuesday approved Plumbers & Pipefitters National Pension Fund as lead plaintiff and Cohen Milstein Sellers & Toll PLLC as lead counsel in a proposed class action alleging Performance Sports Group misled investors about the company's value before earnings revisions caused its stock price to drop significantly.
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May 16, 2016
Investors Say Sports Co. Lied About Earnings Estimates
Investors in Performance Sports Group hit the sports equipment maker with a New York federal proposed class action Friday after news reports about misdated earnings, a series of revisions lowering previous earnings reports and other revelations allegedly caused significant stock drops.