Brown Law Tapped To Direct Tivity Well being Class Go well with In Del.

Alica P. Craig
Legislation360 (September 25, 2020, 5:31 PM EDT) — The Brown Law Company Computer emerged Thursday as lead counsel in a federal consolidated fit searching for damages from administrators and officers in the title of nourishment company Tivity Well being Inc., who are blamed for a steep inventory slump tied to its $1.3 billion acquisition of Nutrisystem Inc. in 2019.

U.S. District Courtroom Judge Richard G. Andrews’ get consolidated 3 by-product suits submitted in Delaware in July, and picked Brown to guide the shareholders’ facet. The fits made related claims in opposition to 14 Tivity administrators and best officers, accusing them of securities law violations and disclosure and responsibility failures, along with violations of…

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