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Wednesday, April 23, 2025

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Shareholder Class Action

Ashworth Inc. stockholders say the sportswear company is selling itself too cheaply to Taylor Made Golf and PHX Acquisition Corp. – for $1.90 a share – in San Diego Superior Court, Vista.           Sadia SA inflated its share price through false and misleading statements, shareholders claim in Manhattan Federal Court.           Directors propped up the price of Taleo Corp. shares with false and misleading statements, shareholders say in San Francisco Federal Court.           McDermott International inflated its share price through false and misleading statements, shareholders claim in Manhattan Federal Court.

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