misleading statements News

5th Circuit Revives Investor Lawsuit Against Six Flags over Failed China Deal

Executives for Six Flags Entertainment Corp. told investors that licensing fees from 11 new theme parks in China could add $60 million annually to the company’s earnings. Instead, cancellation of the projects forced the company to deduct $15 million from …

Juul Sued by N.Y. State Over Marketing Vape Products to Kids

Juul Labs Inc. is being sued by New York for allegedly trampling state marketing laws by targeting teenagers in advertisements for e-cigarettes and making misleading statements about nicotine content in vaping products, among other things, the state’s top law enforcement …