Investment Fraud Lawsuits
The case alleged that Belo’s Directors breached their fiduciary duties by approving the Merger by means of an unfair process and by failing to disclose all material information concerning the Merger to Belo stockholders, and that Belo and Gannett aided and abetted such alleged breaches.
The class action lawsuit pending against New Frontier and the company’s former directors, Alan Isaacman, Melissa Hubbard, Walter Timoshenko and Hiram J.
TheSecurities and Exchange Commission alleged that Rockford fraudulently used cold-calling and a Web site to raise at least $11 million from more than 200 investors in 41 different states and Canada since March 2009.
The lawsuit is a shareholder class action challenging the merger between Velcera and Perrigo Company (“Perrigo”) (the “Merger”) as well as a capital raise completed by Velcera in 2010.
This lawsuit alleges that:
This is a securities class action alleging violations of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder by the United States Securities and Exchange Commission.
E*Trade gets and keeps a kickback for almost every “non-directed, standing limit order” it places for its clients. Many brokerage houses rebate the kick-backed amount to the client. Apparently, not E*Trade. This class action investigation focuses on E*Trades practice and asks the basic question of whether it violates E*Trades “duty of best execution.”
The lawsuit argues that Affymax violated the Federal Securities Laws.
The federal court has preliminarily approved a Settlement in a class action lawsuit alleging breaches of fiduciary duties by Regions Financial Corporation (RFC) or any of its subsidiaries or affiliates, under the Employee Retirement Income Security Act of 1974, as amended (ERISA), in connection with various employee benefit plans.
The case alleges that Barclays: