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New claims target GetSwift’s enterprise client announcement
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.
ASX updates disclosure obligations in wake of GetSwift action
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.
GetSwift hit with $300M shareholder class action
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 “overhyped” announcements about business contracts.