New York's Appellate Division unanimously affirmed the dismissal of a securities class action lawsuit against DLocal. The court confirmed that claims of misleading statements in DLocal's registration documents lack legal merit. The decision removes a significant legal overhang that had been tied to DLocal's disclosures. DLocal, listed on the NasdaqGS under the ticker NasdaqGS:DLO, now faces fewer legal questions around its disclosure practices after the lawsuit dismissal was upheld. With...
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Adeia, ticker NasdaqGS:ADEA, has filed a patent infringement lawsuit against DISH Network over five core media and pay TV technologies. The company alleges unauthorized use of foundational patents that sit at the center of its licensing and media technology business. Adeia has reiterated its financial guidance while pursuing this action, highlighting the role of patent enforcement in its business model. Adeia enters this dispute with recent share price momentum and a current price of...
(Updates with Dish's response and additional information on the lawsuit in the fourth and fifth para
Adeia (ADEA) said Wednesday that its subsidiaries have filed a patent infringement lawsuit against D
Richtech Robotics (NasdaqCM:RR) is facing multiple securities class action lawsuits over allegations that it misrepresented the nature of its relationship with Microsoft. Microsoft has reportedly said the engagement is limited to a standard customer program, not a broader commercial partnership. Law firms are seeking shareholders to act as lead plaintiffs, with regulatory attention increasing as key filing deadlines approach. For investors watching Richtech Robotics at a share price of...