Bread Financial Wants Suit Over Spinoff's 'Death Spiral' Axed

By Emilie Ruscoe · June 4, 2024, 7:50 PM EDT

Financial services company Bread Financial Holdings Inc. and its CEO have asked an Ohio federal judge to toss a proposed investor class action over the alleged "death spiral" of a now-bankrupt...

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Documents

Case Information

Case Title

Newtyn Partners, LP et al v. Alliance Data Systems Corporation N/K/A Bread Financial Holdings, Inc. et al

Case Number

Court

Ohio Southern

Nature of Suit

Securities/Commodities

Date Filed

April 27, 2023

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