Law 360

FEBRUARY 17, 2023

Stockholders of online book and study aid giant Chegg Inc. sued the $2 billion business in Delaware's Court of Chancery on Friday, accusing the company and its directors of running an undisclosed and potentially risky, industrial-scale cheating service for students.

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Law 360

JANUARY 9, 2023

A Chicago attorney invested in Chegg Inc. minutes after hanging up with a college friend who worked for the company and who'd just learned positive earnings information that wouldn't be public for several days, prosecutors told an Illinois federal jury on Monday.

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Law 360

FEBRUARY 22, 2024

Attorneys for online book and study aid giant Chegg Inc. told a Delaware vice chancellor on Thursday that stockholders have failed to assemble defensible claims in a suit accusing the company of operating as a cheating service for students, saying they are trying to circumvent a stay for litigation in California federal court.

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Law 360

JANUARY 10, 2023

Counsel for a Chicago lawyer facing insider trading charges told a federal jury Tuesday that his May 2020 decision to invest in online education company Chegg Inc.

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Law 360

JANUARY 11, 2022

A Chicago attorney used inside information to make more than $100,000 by buying shares of Chegg Inc. after a college friend tipped him off about big financial gains the education company was about to report, according to an indictment filed Monday.

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