Legal Opinion
Toft v. Harbor Diversified Inc
District Court, E.D. Wisconsin
Decided January 31, 2025No. 1:24-cv-00556Unknown
1Opinion
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF WISCONSIN JON ARNE TOFT, individually and on behalf of all others similarly situated, Plaintiff, v. Case No. 24-C-556 HARBOR DIVERSIFIED, INC., CHRISTINE R. DEISTER, LIAM MACKAY, and GREGG GARVEY, Defendants. DECISION AND ORDER GRANTING DEFENDANTS’ MOTION TO DISMISS On Friday, March 29, 2024, Defendant Harbor Diversified, Inc., publicly disclosed in a Securities Exchange Commission (SEC) filing that the company would need to restate multiple previously issued financial statements to account for $52.3 million in revenue that was improperly…
2Cases cited34 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Eminence Capital, Llc, and Jay Spechler v. Aspeon, Inc. Richard P. StackCourt of Appeals for the Ninth Circuit · 2003
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