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GetSwift hit with second shareholder suit
Securities 2018-03-27 8:25 pm By Cat Fredenburgh

Corrs Chambers Westgarth has filed a shareholder class action against GetSwift alleging it provided inadequate disclosures and misled investors with its overhyped announcements about business contracts, one month after Squire Patton Boggs brought a similar suit.

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New claims target GetSwift’s enterprise client announcement
Class Actions 2018-03-23 2:36 pm By Cat Fredenburgh

Squire Patton Boggs has expanded its shareholder class action against GetSwift to include claims over statements the logistics software company made to shareholders regarding high-volume enterprise contracts.

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ASX updates disclosure obligations in wake of GetSwift action
Securities 2018-03-19 12:47 pm By Christine Caulfield

The Australian Stock Exchange has updated rules on company disclosures regarding consumer contracts, in the wake of a share suspension and investor class action against logistics software company GetSwift for “overhyped” business contract announcements.

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GetSwift hit with $300M shareholder class action
Class Actions 2018-02-21 8:56 pm By Cat Fredenburgh

Squire Patton Boggs has brought a shareholder class action worth potentially $300 million against logistics software company GetSwift and its director, former AFL player Joel MacDonald, for providing inadequate disclosures and misleading investors with ā€œoverhypedā€ announcements about business contracts.

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