Grabar Law investigates fiduciary claims at eight companies

Grabar Law Office said it is investigating potential breaches of fiduciary duties by officers and directors at Erasca, Insulet, New Era Energy & Digital, Power Solutions International, Aardvark Therapeutics, Flotek Industries, GoDaddy and Hub Group. The matters are based on allegations in federal securities class-action complaints and focus on public disclosures, oversight, internal controls, clinical and regulatory risks, financial reporting and corporate governance. The newer investigations concern Aardvark’s disclosures about ARD-101, Flotek’s terminated Puerto Rico power project, GoDaddy’s promotional pricing for one-year .com domains and Hub Group’s alleged accounting misstatements. Eligible shareholders may seek corporate reforms, the return of funds to the relevant company, damages on behalf of Erasca where applicable and a court-approved incentive award at no cost, subject to the conditions described by Grabar Law Office.

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