On December 23, 2021, Faraday Future Intelligent Electric Inc. was sued for violations of the federal securities laws in the United States District Court for the Central District of California on behalf of investors who purchased the Company’s securities between January 28, 2021 and November 15, 2021.
Recent Security Class Actions
On December 22, 2021, Chegg was sued for violations of the federal securities laws in the United States District Court for the Northern District of California on behalf of investors who purchased the Company’s shares between May 5, 2020 and November 1, 2021.
On December 22, 2021, Arrival SA was sued for violations of the federal securities laws in the United States District Court for the Southern District of New York on behalf of investors who purchased the Company’s shares between November 18, 2020 and November 19, 2021.
On December 21, 2021, Desktop Metal was sued for violations of the federal securities laws in the United States District Court for the District of Massachusetts on behalf of investors who purchased the Company’s securities between March 15, 2021 and November 15, 2021.
On December 20, 2021, Reata was sued for violations of the federal securities laws in the United States District Court for the Eastern District of Texas on behalf of investors who purchased the Company’s securities, and/or sold put options between November 9, 2020 and December 8, 2021.
On December 20, 2021, SharpSpring was sued for violations of the federal securities laws in the Northern District Court of Florida relating to a proposed transaction announced on June 22, 2021, pursuant to which SharpSpring, Inc. would be acquired by Constant Contact, Inc. in an all-cash sale.
On December 17, 2021, Robinhood Markets was sued for violations of the federal securities laws in the United States District Court for the Northern District of California on behalf of investors who purchased shares pursuant or traceable to the Company’s Registration Statement and Prospectus (together, the “Offering Documents”) issued in connection with the Company’s July 2021 Initial Public Offering (the "IPO" or the "Offering").
On December 17, 2021, Redwire Corporation was sued for violations of the federal securities laws in the United States District Court for the Middle District of Florida on behalf of investors who purchased the Company’s securities between August 11, 2021 and November 14, 2021.
On December 17, 2021, Marathon Digital Holdings was sued for violations of the federal securities laws in the United States District Court for the District of Nevada on behalf of investors who purchased the Company’s shares between October 13, 2020 and November 15, 2021.
On December 14, 2021, Sleep Number Corporation was sued for violations of the federal securities laws in the United States District Court for the District of Minnesota on behalf of investors who purchased the Company’s shares between February 18, 2021 and July 20, 2021.
