A securities class action lawsuit against Groupon was filed in Illinois on behalf of investors. The complaint, filed April 16, 2012, in the United States District Court for the Northern District of Illinois, alleges that Groupon violated the federal securities laws by issuing false and misleading statements to investors.
The class action is intended to include investors who purchased or otherwise acquired shares of Groupon common stock between November 4, 2011 and March 30, 2012. The deadline to move the court to be lead plaintiff is June 4, 2012. Continue reading “Securities class action filed against Groupon”