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Article Date: February 2021
Word Count: 161

Callaway Faces Three More Topgolf Suits


Three new lawsuits, two by individual shareholders and the other a putative class action, were filed in federal court in Los Angeles and New Jersey last month, adding to the first three actions filed in Dec. As with the earlier suits, the latest batch argues that several omissions of key information from the Topgolf acquisition registration statement constitute a violation of the Securities Exchange Act of 1934. The statement leaves out critical information, including financial projections for Callaway and the pro ... Log in to view full article.

 


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