Cases – Page 40 – ClaimsFiler

Recent Security Class Actions

According to the Complaint, Insperity, Inc. provides its customers with an array of HR and business outsourcing solutions designed to help improve business performance.

According to the Complaint, Energy Recovery, Inc. develops and manufactures energy recovery devices for oil and gas, chemical and water industries. Its leading technology is the VorTeq hydraulic pump system. In 2015, Energy Recovery entered into a 15-year licensing agreement with Schlumberger Technology Corp. (“Schlumberger”) for the exclusive use of VorTeq. Under the terms of the licensing agreement, Schlumberger paid $75 million exclusivity fee and was to pay an additional $50 million milestone payments in 2016.

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According to the Complaint, Sky Solar Holdings, Ltd. is a China-based company incorporated in the Cayman Islands that owns various subsidiaries that operate in the renewable energy business.

According to the Complaint, McDermott International, Inc. (“McDermott” or the Company) purports to provide engineering, procurement, construction, and installation and technology solutions to the energy industry. McDermott purportedly designs and builds infrastructure and technology solutions to transport and transform oil and gas into a variety of products.

According to the Complaint, Tetraphase Pharmaceuticals, Inc. is a biopharmaceutical company that uses its proprietary chemistry technology to create novel tetracyclines for serious and life-threatening conditions, including infections caused by many of the multidrug-resistant bacteria highlighted as urgent public health threats by the World Health Organization and the Centers for Disease Control and Prevention. The Company has created more than 3,000 novel tetracycline compounds using its proprietary technology platform.

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According to the Complaint, Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide.

According to the Complaint, Verrica Pharmaceuticals Inc. is a dermatology therapeutics company that develops treatments for people living with skin diseases. Its lead product candidate, VP-102, is a drug-device combination of a topical solution of cantharidin administered through the Company’s single-use precision applicator. The Company is initially developing VP-102 for the treatment of molluscum contagiosum, or molluscum, a highly contagious and primarily pediatric viral skin disease, and common warts.

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According to the Complaint, AgroFresh Solutions, Inc. is a leading global innovator and provider of science-based solutions, data-driven technologies, and experience-backed services to enhance the quality and extend the shelf life of fresh produce.

According to the Complaint, on March 16, 2020, TerraForm Power, Inc.’s (“TerraForm” or the “Company”) Board of Directors caused TerraForm to enter into an agreement and plan of reorganization with Brookfield Renewable Partners L.P., Brookfield Renewable Corporation, 2252876 Alberta ULC, and TerraForm Power NY Holdings, Inc.

According to the Complaint, J2 Global, through its subsidiaries, purports to provide Internet services worldwide. The Company operates through three segments: Fax and Martech; Voice, Backup, Security, and Consumer Privacy and Protection; and Digital Media.

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According to the Complaint, Wirecard is a technology company which purports to provide outsourcing and white label solutions for electronic payments worldwide. The Company operates in three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services.

According to the Complaint, GEO Group is purportedly the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of secure facilities, processing centers, and community reentry centers in the U.S., Australia, South Africa, and the United Kingdom. GEO Group is also purportedly a leading provider of enhanced in-custody rehabilitation, post-release support, electronic monitoring, and community-based programs. The Company's worldwide operation include the ownership and/or management of, among other facilities, halfway houses in the U.S.

According to the Complaint, Pilgrim’s Pride Corporation is a large, vertically integrated producer of meat products. The majority of Pilgrim’s Pride’s annual sales arise from chicken products, which the Company primarily sells to grocers and chain restaurants.

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According to the Complaint, China XD Plastics Company Limited engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People’s Republic of China, and Dubai, the United Arab Emirates.

According to the Complaint, Kingold purports to design, manufacture, and sell 24-karat gold jewelry and Chinese ornaments in the People's Republic of China.

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According to the Complaint, Finjan Holdings, Inc. is a cybersecurity company, provides intellectual property licensing and enforcement services in the United States and internationally.

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