New Orleans Employees Retirement System v. Mattel, Inc. et al
Case Number:
2:20-cv-01056
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 21, 2020
Bernstein Litowitz To Lead Investor Suits Against Mattel, PwC
A California federal judge on Monday consolidated a pair of proposed class actions accusing Mattel and PwC of misleading investors by understating Mattel's income tax expenses by $109 million for the 2017 tax year, giving Bernstein Litowitz Berger & Grossmann LLP the green light to lead the litigation.
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February 03, 2020
Investors Accuse Mattel, PwC Of Concealing $109M Tax Error
Mattel and PwC misled investors by understating Mattel's income tax expenses by $109 million for the 2017 tax year and manipulating the company's accounting to hide it, according to an investor complaint recently filed in a California federal court.