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Investments

CaesarStone Surface

     This securities fraud class action alleges that CaesarStone  failed to disclose a whole series of negative news developments to investors in real time and in fact purposely kept the news from them.

El Pollo Loco shareholder lawsuit

This lawsuit alleges that executives at El Pollo Loco hid from investors the negative impact of rising labor and food costs and the decrease in same store traffic so that insiders could sell millions of dollars of stock at artificially inflated prices.

TNET securities fraud class action lawsuit

This lawsuit alleges that TriNet did not properly model medical and insurance costs for its workers compensation services, thereby overstating revenues and net income for the time period in question.  What makes these allegations partially troubling is that the industry as a whole seemed to be adjusting costs upward at a time when the company was assuring investors it did not need to do the same.

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