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Wednesday, April 23, 2025

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Shareholder Class Action

CVS Caremark inflated its share price through false and misleading statements, a class action claims in Providence, R.I., Federal Court.           Shareholders accuse The Park Avenue of breach of fiduciary duties, usurpation of corporate opportunities and corporate waste, in New York County Court.           Zale inflated its share price by failing to follow generally accepted accounting principles, shareholders say in Dallas Federal Court.           SunPower Corp. inflated its share price through false and misleading statements, and PriceWaterhouseCoopers helped, shareholders say in San Francisco Federal Court.

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