Grabar Law Office

1650 Market Street
Suite 3600
Philadelphia, PA
United States 19103

SPECIALIZING IN ANTITRUST, SECURITIES, AND CONSUMER CLASS ACTION LITIGATION. OFFERING CLIENTS EXPERT LEGAL ADVICE AND VALUE-ADDED SOLUTIONS.

Recent News

  • Grabar Law Office Investigates Claims on Behalf of Shareholders of Biogen, Inc. (BIIB) After It Agrees to Pay $900 Million for Improper Physician Payments

    Philadelphia, Pennsylvania--(Newsfile Corp. - November 30, 2022) - As announced by the DOJ, the settlement resolves a lawsuit filed and litigated by a former Biogen against Biogen under the whistleblower provisions of the federal False Claims Act, in which it was alleged that Biogen paid kickbacks to physicians to induce them to prescribe the company's multiple sclerosis drugs. According to the relator's complaint, from Jan. 1, 2009, through March 18, 2014, Biogen offered and paid remuneration, including in the form...

    2022-11-30 5:42 PM EST
  • Grabar Law Office Investigates Claims on Behalf of Shareholders of CareDx, Inc. (CDNA)

    Philadelphia, Pennsylvania--(Newsfile Corp. - November 30, 2022) - It is alleged that certain officers of CareDx caused the Company to issue materially false and misleading statements regarding its testing services. Specifically, the Company failed to disclose that certain CareDx officers had engaged in a number of improper and illegal schemes to inflate testing services revenue, including: (i) encouraging protocols for surveillance of organ rejection through inaccurate marketing materials and in violation of Medicare standards; (ii) offering inducements or kickbacks to...

    2022-11-30 4:10 PM EST
  • Grabar Law Office Investigates Claims on Behalf of Shareholders of Enservco Corporation (ENSV)

    Philadelphia, Pennsylvania--(Newsfile Corp. - November 30, 2022) - On March 28, 2022, Enservco (NYSE American: ENSV) revealed that it needed to restate the interim financials from every quarterly report it filed in 2021 to correct two accounting errors arising out of (i) its failure to account for the warrant issued to Cross River Partners in the February 2021 Debt for Equity Exchange; and (ii) its recognition of income for employee retention credits ("ERCs") available under the Coronavirus Aid, Relief, and...

    2022-11-30 3:04 PM EST
  • Grabar Law Office Investigates Shareholder Claims Against Officers and Directors of Unisys Corporation (UIS)

    Philadelphia, Pennsylvania--(Newsfile Corp. - November 28, 2022) - On November 7, 2022, Unisys (NYSE: UIS) announced that it was lowering its previously stated 2022 financial guidance by a significant margin and that it would be unable to file, "without unreasonable effort and expense and within the prescribed time period," its Quarterly Report for the quarter ended September 30, 2022. Unisys disclosed that its audit and finance committee "is conducting an internal investigation regarding certain disclosure controls and procedures matters" and...

    2022-11-28 12:26 PM EST
  • Grabar Law Office Investigates Berry Corporation (BRY) After Shareholder Class Action Survives Motion to Dismiss and Mediation Is Ordered

    Philadelphia, Pennsylvania--(Newsfile Corp. - November 21, 2022) - A Federal Judge has ruled that a securities fraud complaint brought by Berry shareholders will survive a motion to dismiss and has ordered mediation.The complaint alleges that the Registration Statement that defendants used to sell shares in the IPO was materially false and misleading in two important respects: (1) it contained misleading statements about the potential risk of permitting delays and the inability to drill oil in identified sites when these...

    2022-11-21 8:36 AM EST
  • Berry Corporation (BRY) Shareholder Alert: Securities Fraud Class Action Survives Motion to Dismiss

    Philadelphia, Pennsylvania--(Newsfile Corp. - October 31, 2022) - On September 13, 2022, a Federal Judge overseeing a securities fraud matter held that Berry shareholders adequately pled false statements and omissions by Berry and its officers and directors in a securities fraud matter. If you are current long-term holder of Berry Corporation shares, you may be able seek corporate reforms, the return of company funds spent defending litigation, and potentially a court approved incentive award if appropriate. If you would like...

    2022-10-31 7:55 AM EDT
  • Grabar Law Office Investigates Potential Shareholder Claims Against Officers and Directors of Berry Corporation (BRY)

    Philadelphia, Pennsylvania--(Newsfile Corp. - October 26, 2022) - On September 13, 2022, a Federal Judge in the Northern District of Texas determined that plaintiff shareholders adequately pled false statements and omissions by Berry and its officers and directors in a securities fraud matter. If you are Berry Corporation shareholder, you may be able seek corporate reforms, the return of funds expended defending litigation back to company coffers, and potentially a court approved incentive award if appropriate. If you would like...

    2022-10-26 7:53 AM EDT
  • Grabar Law Office Investigates Price-Fixing Claims on Behalf of U.S. Person and Entities Who Shipped Goods Between Korea and Other Asian Countries

    Philadelphia, Pennsylvania--(Newsfile Corp. - October 17, 2022) - In January 2022, the Korea Fair Trade Commission fined 23 shipping companies a total of $81 million for conspiring to fix freight rates on sea routes between Korea and other Asian countries from 2003 to 2018.According to the Korean FTC, the shipping cartel conducted 541 meetings between December 2003 and December 2018 in which they agreed on a total of 120 freight rates on import and export routes. If you are a...

    2022-10-17 1:22 PM EDT