News

Lowey Dannenberg is investigating Allakos, Inc. (“Allakos” or the “Company”) (NASDAQ: ALLK) and certain of its officers and/or directors for potential violation of federal securities laws or other unlawful business practices in connection with Allakos’ development of AK002, a drug for the treatment of certain gastrointestinal diseases.  On December 18, 2019, Seligman Investments (“Seligman”), an investment management company, published a…

Lowey Dannenberg is investigating Landec Corporation (“Landec” or the “Company”) (NASDAQ: LNDC) and certain of its officers and/or directors for potential violation of federal securities laws or other unlawful business practices in connection with the Company’s potential non-compliance with the Foreign Corrupt Practices Act (“FCPA”). On January 2, 2020, Landec revealed that the U.S. Securities and Exchange Commission and the…

Lowey Dannenberg reminds investors that they have until February 24, 2020 to file lead plaintiff applications in a securities class action lawsuit against Mattel, Inc. (“Mattel”) if they purchased the Company's shares between October 26, 2017 and August 8, 2019, inclusive (the "Class Period"). This action is pending in the United States District Court for the Central District of California.…

Lowey Dannenberg is investigating Blucora, Inc. (“Blucora” or the “Company”) (NASDAQ: BCOR) and certain of its officers and/or directors for potential violation of federal securities laws or other unlawful business practices in connection with the sudden departure of Blucora’s Chief Executive Officer (“CEO”).     On January 16, 2020, Blucora announced that its President and CEO, John Clendening, has stepped down…

On January 3, 2020, the Honorable Edmond E. Chang of the Northern District of Illinois granted plaintiffs’ motion for class certification against defendants Kraft Food Group, Inc. and Mondelēz Global LLC. The case arises out of the defendants’ alleged manipulation of the CBOT wheat futures market from November 1 through December 14, 2011, and the class of plaintiffs includes those…