U.S. District Judge James Donato sanctioned Fitbit Inc. and its Morrison & Foerster LLP attorneys for acting in bad faith, saying they owe attorneys’ fees after getting a proposed consumer class action removed to arbitration only to reveal they had no intention of arbitrating the claims. Continue reading “Judge Sanctions Fitbit and Its Attorneys For Bad Faith Transfer to Arbitration”

After two years of litigation, a California federal judge approved a $33 million class action settlement resolving allegations that Fitbit Inc. hid problems with its fitness trackers and artificially inflated its stock price.

Continue reading “Fitbit settles securities fraud class action”