Class Action Lawsuits Filed against Cooper

The Wilmington, DE, based Rigrodsky & Long, P.A., has filed a class action lawsuit in the United States District Court for the Northern District of California for stockholders of Cooper Companies, parent of CooperVision. The complaint names Cooper and certain of the company’s directors and officers as defendants, alleging that during the class period, the defendants made  statements that concealed known quality control problems and process defects at the Company’s new overseas contact lens manufacturing facilities. Read more.

Additionally,  Gilman Law LLP, has filed a securities fraud class action lawsuit against The Cooper Companies, Inc., and certain Cooper officers and directors in the U.S. District Court for the Northern District of California for violations of the Securities Exchange Act of 1934. Read more.

Holzer Holzer & Fistel, LLC, also has filed a class action lawsuit in the United States District Court for the Northern District of California on behalf of some Cooper Companies, Inc., stockholders. The lawsuit claims that Cooper concealed information relating to problems it was experiencing with quality control at its overseas manufacturing facilities for contact lenses. Read more. 

"A Connecticut law firm [Scott + Scott LLC] is suing contact lens maker Cooper Cos. regarding its recalls this year of its Avaira Toric and Avaira Sphere contact lenses," reports the Democrat and Chronicle. "The suit, filed Monday in U.S. District Court for the Northern District of California, alleges that California-based Cooper downplayed problems it was having with the contact lens lines and thus artificially inflated its stock value, causing investors big losses when those problems came to light." Read more.