A derivative suit has been filed in the District of Delaware against Groupon Inc., which a shareholder claims owed investors information about declining profits well before it was disclosed.

In a heavily redacted public version of the derivative complaint filed this week, the shareholder plaintiff, represented by Blake Bennett of Cooch and Taylor with Robbins attorneys of counsel,  accuses Groupon directors of misrepresenting financial standings and participating in insider trading.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]