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

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Case Number:

2:23-cv-01451

Court:

Ohio Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Edmund A. Sargus

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Companies

Sectors & Industries:

  1. June 04, 2024

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

    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 spinoff company, saying the suit actually details Bread's "good faith efforts" to establish the spinoff as a successful independent venture.

  2. April 28, 2023

    Ohio Securities Suit Claims Bread Financial Lied To Investors

    Investors took major losses after Ohio-based Bread Financial Holdings Inc. hid the looming defection of a key customer in its credit card rewards program while hyping a now-bankrupt company spun off to handle the plan, according to a proposed class action filed in Buckeye State federal court.