Sunday, Rosen Law Firm, P.A. Reminded investors of the Lead Plaintiff deadline of September 22 in the class action lawsuit the Firm filed on behalf of all purchasers of Skilled Healthcare Group Inc. (SKH), Huron Consulting Group Inc. (HURN) and Repros Therapeutics Inc. (RPRX).
The complaint against Huron Consulting Group charges the company and certain of its former officers with violations of Section 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The complaint said that defendants made false or misleading statements because shareholders of four businesses that Huron acquired during 2005-2007 redistributed portions of their acquisition-related payments among themselves and to certain Huron employees and consequently Huron understated its non-cash compensation expenses, the Huron's financial statements filed with the SEC did not comply with Generally Accepted Accounting Principles and Huron lacked adequate internal and financial controls.
The complaint against Skilled Healthcare charges the company and certain of its officers and directors violated the federal securities laws by misrepresenting the true amount of its income in its IPO prospectus and in other SEC filings and public communications.
The complaint against Repros Therapeutics charges the company and certain of its officers with violations of Section 10(b) and 20(a) of the Securities Exchange Act of 1934. The complaint alleges that defendants made misleading statements concerning the adverse events that patients suffered in clinical trials for the Company's lead drug candidate Proellex. The complaint alleges that when the company disclosed the truth concerning the seriousness of the adverse events, its stock price dropped, damaging investors.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.