Case Page

 

Case Status:    ONGOING    
On or around 08/14/2018 (Ongoing date of last review)

Filing Date: December 28, 2017

According to the law firm press release, the lawsuit alleges defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Capitala Investment Advisors had been losing professional talent in both underwriting and portfolio management due to the waiving of its incentive fee; (2) such loss of talent negatively impacted the quality of the Company’s investment portfolio; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

On March 1, 2018, this case was transferred to the Western District of North Carolina. On May 1, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on June 19.

COMPANY INFORMATION:

Sector: Financial
Industry: Other (Mutual Fund)
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CPTA
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: W.D. North Carolina
DOCKET #: 17-CV-09251
JUDGE: Hon. Michael W. Fitzgerald
DATE FILED: 12/28/2017
CLASS PERIOD START: 01/04/2016
CLASS PERIOD END: 08/07/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (New Los Angeles)
    355 South Grand Ave, Suite 2450, The Rosen Law Firm, P.A. (New Los Angeles), CA 90071
    (213) 785-2610 (213) 226-4684 ·
No Document Title Filing Date
COURT: W.D. North Carolina
DOCKET #: 18-CV-00096
JUDGE: Hon. Michael W. Fitzgerald
DATE FILED: 06/19/2018
CLASS PERIOD START: 01/04/2016
CLASS PERIOD END: 08/07/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Law Offices of James Scott Farrin
    280 South Mangum Street, Suite 400, The Law Offices of James Scott Farrin, NC 27701
    919.688.4991 ·
  2. The Rosen Law Firm, P.A. (Jenkintown)
    101 Greenwood Avenue Suite 203 , The Rosen Law Firm, P.A. (Jenkintown), PA 19046
    215-600-2817 ·
No Document Title Filing Date
—Related District Court Filings Data is not available