Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Loop Industries, Inc.

LOS ANGELES–(BUSINESS WIRE)–Oct 14, 2020–

Glancy Prongay & Murray LLP (“GPM”) announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York captioned Tremblay v. Loop Industries, Inc., et al., (Case No. 1:20-cv-08538) on behalf of persons and entities that purchased or otherwise acquired Loop Industries, Inc. (“Loop” or the “Company”) (NASDAQ: LOOP ) securities between September 24, 2018 and October 12, 2020, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”).

Investors are hereby notified that they have 60 days from the date of this notice to move the Court to serve as lead plaintiff in this action.

If you suffered a loss on your Loop investments or would like to inquire about potentially pursuing claims to recover your loss under the federal

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Opioid Drug Maker Mallinckrodt Files for U.S. Bankruptcy Protection | Investing News

Reuters

FILE PHOTO: Bottles of prescription painkillers Oxycodone Hydrochloride, 30mg pills, made by Mallinckrodt sit on a counter at a local pharmacy, in Provo, Utah, U.S., April 25, 2017. REUTERS/George Frey/File PhotoReuters

(Reuters) – Mallinckrodt filed for bankruptcy protection on Monday, saddled with lawsuits alleging it helped fuel the U.S. opioid epidemic.

Adding to its woes, the company in March also lost a court battle to avoid paying higher rebates to state Medicaid programs for its top-selling drug.

Mallinckrodt said on Monday it had agreed to pay $1.6 billion over several years to settle opioid-related litigation. About $450 million would be paid as part of its settlement once the company emerged from chapter 11 bankruptcy.

The company would then pay $200 million in the first and second year after its emergence from the bankruptcy, and $150 million subsequently through the seventh year.

Mallinckrodt had agreed to pay $260 million over

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RCL ALERT: Labaton Sucharow LLP Files Securities Class Action Lawsuit Against Royal Caribbean Cruises Ltd. and Certain Affiliates

NEW YORK–(BUSINESS WIRE)–Labaton Sucharow LLP (“Labaton Sucharow”) announces that on October 7, 2020, it filed a securities class action lawsuit, against Royal Caribbean Cruises Ltd. (“Royal Caribbean” or the “Company”) (NYSE: RCL) and certain executive officers (collectively, “Defendants”). If you purchased or otherwise acquired Royal Caribbean securities from February 4, 2020 through March 17, 2020, inclusive (the “Class Period”), and were damaged thereby (the “Class”) we encourage you to contact the Firm.

The lawsuit, captioned City of Riviera Beach General Employees Retirement System v. Royal Caribbean Cruises Ltd., No. 20-cv-24111 (S.D. Fla.) (the “Action”), on behalf of its client City of Riviera Beach General Employees Retirement System (“Riviera Beach”) against Royal Caribbean Cruises Ltd. (“Royal Caribbean” or the “Company”) (NYSE: RCL) and certain executive officers (collectively, “Defendants”). The Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and

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The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Mesoblast Limited (MESO)

The Law Offices of Frank R. Cruz announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Kristal v. Mesoblast Limited, et al., (Case No. 1:20-cv-08430), on behalf of persons and entities that purchased or otherwise acquired Mesoblast Limited (“Mesoblast” or the “Company”) (NASDAQ: MESO) securities between April 16, 2019 and October 1, 2020, inclusive (the “Class Period”). Plaintiff pursues under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”)

If you are a shareholder who suffered a loss, click here to participate.

Mesoblast develops allogeneic cellular medicines using its proprietary mesenchymal lineage cell therapy platform. Its lead product candidate, RYONCIL (remestemcel-L), is an investigational therapy comprising mesenchymal stem cells derived from bone marrow. In February 2018, the Company announced that remestemcel-L met its primary endpoint in a Phase 3 trial

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Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Mesoblast Limited

Glancy Prongay & Murray LLP (“GPM”) announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Kristal v. Mesoblast Limited, et al., (Case No. 1:20-cv-08430), on behalf of persons and entities that purchased or otherwise acquired Mesoblast Limited (“Mesoblast” or the “Company”) (NASDAQ: MESO) securities between April 16, 2019 and October 1, 2020, inclusive (the “Class Period”). Plaintiff pursues under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”)

Investors are hereby notified that they have 60 days from the date of this notice to move the Court to serve as lead plaintiff in this action.

If you suffered a loss on your Mesoblast investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/mesoblast-limited/.

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Ruby Tuesday files bankruptcy. Here are options for struggling firms

Kirby Hamilton | Getty Images

For some small-business owners, watching their larger peers file for bankruptcy may do little to ease fears about their own financial solvency.

With the coronavirus pandemic continuing to take a toll on the economy, Ruby Tuesday has become the latest large restaurant chain to seek protection under the U.S. bankruptcy code. While many of its restaurants will close, others will remain open as the company restructures its business. Meanwhile, California Pizza Kitchen, which announced its bankruptcy filing in July, has now canceled its planned auction after no bidders came forward and is turning ownership over to its lenders, according to published reports.

While restaurants have taken a beating during the pandemic perhaps more so than some other industries due to earlier closures and reopening with limited capacity in most places, other businesses aren’t immune to the effects of the current economic downturn.

Of course, large

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Nate Paul’s World Class files more bankruptcies – Business – Austin American-Statesman

Amid allegations of possible crimes in Texas Attorney General Ken Paxton’s office relating to beleaguered Austin investor Nate Paul, four more real estate entities controlled by Paul and his company, World Class Property, have filed for bankruptcy.

The Chapter 11 bankruptcies this week bring the total filings by Paul-controlled entities to 22 since last November, although two cases were dismissed last month by a bankruptcy judge because Paul lacked standing to file them.

Paul remains under federal investigation after his home and offices were searched by federal agents in August 2019.

One of Austin’s largest commercial landlords, Paul has for the past year customarily filed bankruptcies at the 11th hour to keep lenders from foreclosing on his various properties. His holdings include numerous high-profile downtown properties, as well as the 156-acre campus in far Northwest Austin that 3M formerly occupied.

The latest bankruptcy filings come as Paul emerges front and

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Labaton Sucharow LLP Files Securities Class Action Lawsuit Against Royal Caribbean Cruises Ltd. and Certain Affiliates

NEW YORK–(BUSINESS WIRE)–Oct 7, 2020–

Labaton Sucharow LLP (“Labaton Sucharow”) announces that on October 7, 2020, it filed a securities class action lawsuit, captioned City of Riviera Beach General Employees Retirement System v. Royal Caribbean Cruises Ltd., No. 20-cv-24111 (S.D. Fla.) (the “Action”), on behalf of its client City of Riviera Beach General Employees Retirement System (“Riviera Beach”) against Royal Caribbean Cruises Ltd. (“Royal Caribbean” or the “Company”) (NYSE: RCL) and certain executive officers (collectively, “Defendants”). The Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and SEC Rule 10b-5 promulgated thereunder, on behalf of all persons or entities who purchased or otherwise acquired Royal Caribbean securities from February 4, 2020 through March 17, 2020, inclusive (the “Class Period”), and were damaged thereby (the “Class”).

Royal Caribbean is the world’s second largest cruise company, operating 61 cruise ships which visit

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Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Cabot Oil & Gas Corporation

NEW YORK–(BUSINESS WIRE)–Oct 5, 2020–

Robbins Geller Rudman & Dowd LLP ( https://www.rgrdlaw.com/cases-cabot-oil-gas-corporation-class-action-lawsuit.html ) today announced that it filed a class action on behalf of an institutional investor seeking to represent purchasers of Cabot Oil & Gas Corporation (NYSE:COG) common stock during the period between October 23, 2015 and June 12, 2020 (the “Class Period”). This action was filed in the Middle District of Pennsylvania and is captioned Delaware County Employees Retirement System v. Cabot Oil & Gas Corporation, No. 20-cv-1815.

The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Cabot Oil stock during the Class Period to seek appointment as lead plaintiff in the Cabot Oil class action lawsuit. A lead plaintiff acts on behalf of all other class members in directing the Cabot Oil class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Cabot Oil

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