Tag Archives: Attorney Advertising

Business, Finance, Occupation & Industry

The Rosen Law Firm Announces Investigation of Securities Fraud Claims Against UniTek Global Services

April 13, 2013 Bartle Doo Leave a comment

The Rosen Law Firm Announces Investigation of Securities Fraud Claims Against UniTek Global Services, Inc.- UNTK

NEW YORK–(BUSINESS WIRE)– The Rosen Law Firm announces that it is investigating potential securities fraud claims against UniTek Global Services, Inc. (NAS: UNTK) resulting from allegations that the Company may have issued materially inaccurate financial statements.

On April 12, 2013 UniTek announced that its previously issued consolidated financial statements for the interim periods ended March 31, 2012, June 30, 2012 and September 29, 2012 (the “2012 Fiscal Quarters”), the interim period ended October 1, 2011 and the fiscal year ended December 31, 2011 should no longer be relied upon. UniTek added that “it was determined that several employees of the Company’s Pinnacle Wireless subsidiary engaged in fraudulent activities that resulted in improper revenue recognition.” UniTek announced that the several employees were terminated including the Company’s CFO.

The Rosen Law Firm is preparing a securities class action lawsuit on behalf of UniTek investors. If you purchased UniTek stock between May 12, 2012 and April 12, 2013, please visit the website at http://rosenlegal.com to join the class action. You may also contact Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

The Rosen Law Firm P.A.
Laurence Rosen, Esq. / Phillip Kim, Esq.
275 Madison Avenue 34^th Floor
New York, New York 10016
212-686-1060
Toll Free: 1-866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article The Rosen Law Firm Announces Investigation of Securities Fraud Claims Against UniTek Global Services, Inc.- UNTK originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

From: http://www.dailyfinance.com/2013/04/13/the-rosen-law-firm-announces-investigation-of-secu/

Business, Finance, Occupation & Industry

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Fisher Communications, Inc. (FSCI)

April 11, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Fisher Communications, Inc. (FSCI)

NEW YORK–(BUSINESS WIRE)– Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Fisher Communications, Inc. (“Fisher” or the “Company”) (NAS: FSCI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Sinclair Broadcast Group, Inc. (NAS: SBGI) in an all-cash deal valued at approximately $373.3 million. Under the terms of the proposed transaction, Fisher’s stockholders will receive $41 in cash for each share of Fisher common stock they own.

Request more information now by clicking here: www.faruqilaw.com/FSCI . There is no cost or obligation to you.

The investigation focuses on whether Fisher’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Fisher’s shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Fisher and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/FSCI or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330

KEYWORDS: United States North America New

From: http://www.dailyfinance.com/2013/04/11/faruqi-faruqi-llp-is-seeking-more-cash-for-the-sha/

Business, Finance, Occupation & Industry

Fisher Communications, Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP f

April 11, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Fisher Communications, Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP for Potential Breaches of Fiduciary Duty

LOS ANGELES–(BUSINESS WIRE)– Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Fisher Communications, Inc. (“Fisher” or the “Company”) (NAS: FSCI) related to the proposed acquisition of the Company by Sinclair Broadcast Group, Inc. The transaction is valued at approximately $373.3 million, or $41 per share.

This investigation concerns whether the Board of Directors of Fisher breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has skyrocketed from $23.11 on November 7, 2012 to $39.05 on April 2, 2013.

If you are a shareholder of Fisher, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Binkow & Goldberg LLP
Louis Boyarsky, Esquire
(310) 201-9150
Toll Free (888) 773-9224
shareholders@glancylaw.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

The article Fisher Communications, Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP for Potential Breaches of Fiduciary Duty originally appeared on Fool.com.

(function(c,a){window.mixpanel=a;var b,d,h,e;b=c.createElement(“script”);
b.type=”text/javascript”;b.async=!0;b.src=(“https:”===c.location.protocol?”https:”:”http:”)+
‘//cdn.mxpnl.com/libs/mixpanel-2.2.min.js’;d=c.getElementsByTagName(“script”)[0];
d.parentNode.insertBefore(b,d);a._i=[];a.init=function(b,c,f){function d(a,b){
var c=b.split(“.”);2==c.length&&(a=a[c[0]],b=c[1]);a[b]=function(){a.push([b].concat(

From: http://www.dailyfinance.com/2013/04/11/fisher-communications-inc-board-of-directors-under/

Business, Finance, Occupation & Industry

Rosen Law Firm Announces Investigation of Fisher Communications, Inc. in Connection with its Sale to

April 11, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Rosen Law Firm Announces Investigation of Fisher Communications, Inc. in Connection with its Sale to Sinclair Broadcast Group, Inc. – FSCI

NEW YORK–(BUSINESS WIRE)– The Rosen Law Firm, P.A. is investigating the Board of Directors of Fisher Communications, Inc. (NAS: FSCI) for possible breaches of fiduciary duty and other violations of state law in connection with its sale of the Company to Sinclair Broadcast Group, Inc. (NAS: SBGI) .

If you would like to learn more about the investigation, please call Phillip Kim or Kevin Chan toll-free at 866-767-3653 or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the transaction, shareholders will receive $41.00 for each share of Fisher stock they own. The investigation relates to whether the price of $41.00 per share is fair to public shareholders and whether Fisher’s Board breached its fiduciary duties in connection with the transaction.

If you own Fisher common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

The Rosen Law Firm, P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
pkim@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com

The Rosen Law Firm, P.A.
Phillip Kim or Kevin Chan
toll free at 866-767-3653
pkim@rosenlegal.com
kchan@rosenlegal.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article Rosen Law Firm Announces Investigation of Fisher Communications, Inc. in Connection with its Sale to Sinclair Broadcast Group, Inc. – FSCI originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering

From: http://www.dailyfinance.com/2013/04/11/rosen-law-firm-announces-investigation-of-fisher-c/

Business, Finance, Occupation & Industry

Law Offices of Todd M. Garber Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against

April 5, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Law Offices of Todd M. Garber Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against ITT Educational Services, Inc.

LOS ANGELES–(BUSINESS WIRE)– The Law Offices of Todd M. Garber announces that shareholders of ITT Educational Services, Inc. (“ITT” or the “Company”) (NYS: ESI) have until May 10, 2013 to move for lead plaintiff status in the shareholder lawsuit filed in the United States District Court for the Southern District of New York. The lawsuit was filed on behalf of a class (the “Class”) comprising all purchasers of ITT common stock between April 22, 2010 and February 25, 2013, inclusive (the “Class Period“).

ITT provides postsecondary degree programs in the United States. The Complaint alleges that during the Class Period the Company and certain of its officers and directors violated federal securities laws by issuing false and misleading statements. On February 22, 2013 ITT announced that the Securities and Exchange Commission was investigating the Company’s involvement in certain private student-loan agreements. According to ITT, the Company had received a subpoena from the SEC on February 8, 2013, along with a letter informing the Company of the investigation. The subpoena issued by the SEC requested documents related to a 2009 loan risk sharing agreement and ITT‘s PEAKS Private Student Loan Program. As a result of this news, ITT stock declined $3.10 per share, or nearly 17%, to close on February 25, 2013 at $15.53 per share on unusually heavy volume.

If you are a member of the above-described Class, you may move the Court no later than May 10, 2013 to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take any action at this time. You may retain counsel of your choice or take no action and remain an absent Class member. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Law Offices of Todd M. Garber Announces Investigation of Navistar International Corporation

April 5, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Law Offices of Todd M. Garber Announces Investigation of Navistar International Corporation

LOS ANGELES–(BUSINESS WIRE)– The Law Offices of Todd M. Garber announces that it is investigating potential claims against Navistar International Corporation (“Navistar” or the “Company”) (NYS: NAV) concerning possible violations of federal securities laws. Navistar through its subsidiaries, manufactures and sells commercial and military trucks, buses, diesel engines and recreational vehicles, and provides service parts for trucks and trailers worldwide.

The investigation is related to allegations that during the foregoing period the Company and certain of its executive officers issued false and misleading statements or failed to disclose that: (1) Navistar’s attempted methods to achieve compliance with EPA guidelines in truck manufacturing had failed and the Company would need to revise its plan to meet guidelines, incurring enormous costs to the Company; (2) the Company did not have engines ready to meet the 2010 EPA standards; and (3) Navistar’s filings with the Securities and Exchange Commission contained incomplete and misleading disclosures, including statements about the costs of recalls and details of various debts.

If you purchased Navistar shares between November 3, 2010 and August 1, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, California
213-700-7262
info@toddgarberlaw.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

The article Law Offices of Todd M. Garber Announces Investigation of Navistar International Corporation originally appeared on Fool.com.

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against Incyte Corporation

April 5, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against Incyte Corporation

LOS ANGELES–(BUSINESS WIRE)– Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been filed in the United States District Court for the District of Delaware on behalf of a class (the “Class”) comprising all purchasers of the common stock of Incyte Corporation (“Incyte” or the “Company”) (NAS: INCY) between April 26, 2012 and August 1, 2012 (the “Class Period“). The Complaint alleges that certain statements issued by Incyte during the Class Period were false and misleading regarding the Company’s business and financial prospects.

Incyte, a biopharmaceutical company, focuses on the discovery, development and commercialization of proprietary small molecule drugs for oncology and treatment of inflammation. The Complaint alleges that Incyte issued misleading statements concerning demand for the Company’s myelofibrosis drug, Jakafi.

On August 2, 2012, Incyte announced the Company’s second quarter 2012 financial results and disclosed that the sales growth of Jakafi had been much softer during the second quarter of 2012 than investors and certain stock analysts had been led to expect. In response to these disclosures, the price of Incyte stock declined 22% from its August 1, 2012 close of $24.92 per share, to close at $19.57 per share on August 2, 2012 on heavy trading volume.

No class has yet been certified in this action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Incyte shares during the Class Period, you have certain rights and have until May 6, 2013 to move for lead plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to learn more or have any questions concerning your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

KEYWORDS: …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Faruqi & Faruqi, LLP Launches an Investigation against PulteGroup, Inc. (PHM) for Potential Breaches

April 5, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Faruqi & Faruqi, LLP Launches an Investigation against PulteGroup, Inc. (PHM) for Potential Breaches of Fiduciary Duties by Its Board of Directors

NEW YORK–(BUSINESS WIRE)– Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of PulteGroup, Inc. (“PulteGroup” or the “Company”) (NYS: PHM) (NYS: PHA) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for a Senior Management Incentive Plan and Stock Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on April 3, 2013, the Board of Directors recommends that PulteGroup’s shareholders vote to approve the 2013 Senior Management Incentive Plan and the 2013 Stock Incentive Plan. The 2013 Stock Incentive Plan would make 20,000,000 shares available for awards. The issuance of the additional shares could have a substantial dilutive effect on the shares of PulteGroup common stock.

Request more information now by clicking here: www.faruqilaw.com/PHM . There is no cost or obligation to you.

If you own common stock in PulteGroup and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/PHM or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: 877-247-4292
Phone: 212-983-9330

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article <a target=_blank …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Sterling Bancorp (STL)

April 4, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Sterling Bancorp (STL)

NEW YORK–(BUSINESS WIRE)– Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Sterling Bancorp (“Sterling” or the “Company”) (NYS: STL) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Provident New York Bancorp (“Provident”) (NYS: PBNY) in a stock-for-stock deal valued at approximately $344 million. Under the terms of the proposed transaction, Sterling’s stockholders will receive 1.2625 shares of Provident common stock for each share of Sterling common stock they own. The consideration to be received by Sterling’s shareholders is valued at $11.12 based on April 3 closing prices.

Request more information now by clicking here: www.faruqilaw.com/STL . There is no cost or obligation to you.

The investigation focuses on whether Sterling’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Sterling’s shareholders.

If you own common stock in Sterling and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/STL or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

The Rosen Law Firm Announces Investigation of Securities Claims Against Exide Technologies – XIDE

April 4, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

The Rosen Law Firm Announces Investigation of Securities Claims Against Exide Technologies – XIDE

NEW YORK–(BUSINESS WIRE)– The Rosen Law Firm announces that it is investigating potential securities claims against Exide Technologies (NAS: XIDE) resulting from allegations that Exide failed to disclose that its Los Angeles area facility was improperly emitting arsenic.

Exide operates a recycled lead acid battery smelting facility in Vernon, California. On March 22, 2013, the South Coast Air Quality Management District publicized a health risk assessment showing that Exide had exposed workers and residents living downwind of the Vernon facility to potentially cancerous levels of arsenic. On April 3, 2013, after close of business, an L.A. City Council committee instructed the Los Angeles City Attorney’s office to explore legal action against Exide. The City Attorney was instructed to take action seeking to ensure that Exide addressed the City Council‘s concerns “immediately”. On April 4, 2013, Debtwire reported that Exide had engaged Lazard and Akin Gump Strauss Hauer & Feld LLP to advise on a restructuring.

On April 4, 2013, Exide’s stock price fell from $2.61 to $1.36, where it was halted by a circuit breaker, damaging investors.

The Rosen Law Firm is investigating a securities class action lawsuit on behalf of Exide investors. If you purchased Exide stock before April 4, 2013, please visit the website at http://rosenlegal.com for more information. You may also contact Jonathan Horne, Esq., or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at jhorne@rosenlegal.com or pkim@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Laurence Rosen, Esq.
Phillip Kim, Esq.
Jonathan Horne, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
jhorne@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article The Rosen Law Firm Announces Investigation of Securities Claims Against Exide Technologies – XIDE originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit against Harvest Natural Resources Inc.

March 26, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit against Harvest Natural Resources Inc.

LOS ANGELES–(BUSINESS WIRE)– Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been filed in the United States District Court for the Southern District of Texas on behalf of a class (the “Class”) comprising all purchasers of the securities of Harvest Natural Resources Inc. (“Harvest” or the “Company”) (NYS: HNR) between May 7, 2010 and March 18, 2013.

Harvest, an independent energy company, engages in the acquisition, exploration, development, production and disposition of oil and natural gas properties. The Complaint alleges that throughout the Class Period defendants made false and/or misleading statements or failed to disclose material adverse facts about the Company’s financial performance and prospects. Specifically, defendants misrepresented or failed to disclose that: (1) the Company incorrectly capitalized certain lease maintenance costs and certain internal selling, general and administrative costs; (2) the Company improperly presented certain cash flow items and caused certain long-lived assets to be impaired; (3) the Company was unable to sell its interests in Petrodelta S.A. to PT Pertamina (Persero); (4) the Company lacked adequate internal and financial controls; and (5) as a result of the foregoing, the Company’s statements were materially false and misleading at all relevant times.

No class has yet been certified in this action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Harvest securities during the Class Period, you have certain rights, and have until May 21, 2013 to move for lead plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Binkow & Goldberg LLP
Michael Goldberg
(310) 201-9150 or (888) 773-9224
shareholders@glancylaw.com
www.glancylaw.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

The article Glancy Binkow & Goldberg …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Rosen Law Firm Investigates Securities Fraud Claims Against Tech Data – TECD

March 21, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Rosen Law Firm Investigates Securities Fraud Claims Against Tech Data – TECD

NEW YORK–(BUSINESS WIRE)– The Rosen Law Firm announces that it is investigating securities fraud claims against Tech Data (NAS: TECD) .

On March 21, 2013, after market-close, Tech Data announced that it will restate its financial results for its last three fiscal years. The restatement will reduce previously reported consolidated operating income by about $30-40 million in total, and consolidated net income by about $25-33 million in total.

Tech Data announced that the restatement is required primarily because of improprieties in its U.K. subsidiary’s vendor accounting. The Company stated that it is currently investigating deficiencies in its internal controls over financial reporting.

The Company also announced that it will seek a 15-day filing extension for its annual report for fiscal year ended January 31, 2013.

This adverse news caused the price of Tech Data stock to drop in after-market trading on March 21, 2013, causing investors substantial losses.

The Rosen Law Firm is preparing a class action lawsuit as a result of this adverse information. If you purchased Tech Date stock prior to March 22, 2013, you may visit the website at http://rosenlegal.com to join the class action. You may also contact Timothy W. Brown, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at tbrown@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

The Rosen Law Firm P.A.
Timothy W. Brown, Esq.
Laurence M. Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
tbrown@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article Rosen Law Firm Investigates Securities Fraud Claims Against Tech Data – TECD originally appeared on Fool.com.

Business, Finance, Occupation & Industry

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Obagi Medical Products, Inc. (OMPI

March 20, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Obagi Medical Products, Inc. (OMPI)

NEW YORK–(BUSINESS WIRE)– Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Obagi Medical Products, Inc. (“Obagi” or the “Company”) (NAS: OMPI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Valeant Pharmaceuticals International, Inc. (NYSE: VRX and TSX: VRX) in an all-cash deal valued at approximately $360 million. Under the terms of the proposed transaction, Obagi’s stockholders will receive $19.75 for each share of Obagi common stock they own. The proposed transaction is structured as a tender offer and may be effectuated without a shareholder vote.

Request more information now by clicking here: www.faruqilaw.com/OMPI . There is no cost or obligation to you.

The investigation focuses on whether Obagi’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Obagi’s shareholders.

If you own common stock in Obagi and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/OMPI or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: 877-247-4292<br …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Rosen Law Firm Investigates Securities Fraud Claims Against Harvest Natural Resources, Inc. – HNR

March 20, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Rosen Law Firm Investigates Securities Fraud Claims Against Harvest Natural Resources, Inc. – HNR

NEW YORK–(BUSINESS WIRE)– The Rosen Law Firm announces that it is investigating securities fraud claims against Harvest Natural Resources, Inc. (NYS: HNR) .

On March 19, 2013 Harvest Natural Resources announced that it may restate financial statements for 2010, 2011, and 2012. The Company also announced that it will delay filing its 2012 annual report. Harvest Natural Resources admitted “that a material weakness existed in its controls over the accuracy and presentation of its accounting for certain long-lived assets,” and that it is “possible additional material weaknesses could be identified as a result of our analysis.” This adverse news caused the price of Harvest Natural Resources stock to drop tremendously, causing investors huge losses.

The Rosen Law Firm is preparing a class action lawsuit as a result of this adverse information. If you purchased Harvest Natural Resources securities prior to March 19, 2013, you may visit the website at http://rosenlegal.com to join the class action. You may also contact Timothy W. Brown, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at tbrown@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

The Rosen Law Firm P.A.
Laurence M. Rosen, Esq.
Timothy W. Brown, Esq.
Phillip Kim, Esq.
Kevin Chan
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: 212-686-1060
Weekends Tel: 917-797-4425
Toll Free: 1-866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
tbrown@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article Rosen Law Firm Investigates Securities Fraud Claims Against Harvest Natural Resources, Inc. – HNR originally appeared on Fool.com.

Business, Finance, Occupation & Industry

Rosen Law Firm Announces Investigation of EDAC Technologies Corporation in Connection with its Sale

March 19, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Rosen Law Firm Announces Investigation of EDAC Technologies Corporation in Connection with its Sale to Greenbriar Equity Group LLC – EDAC

NEW YORK–(BUSINESS WIRE)– The Rosen Law Firm, P.A. is investigating the Board of Directors of EDAC Technologies Corporation (NASDAQ CM: EDAC) for possible breaches of fiduciary duty and other violations of state law in connection with its sale of the Company to GB Aero Engine LLC, an affiliate of private equity firm Greenbriar Equity Group LLC.

If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the transaction, shareholders will receive $17.75 for each share of EDAC stock they own. Members of the Board and executive officers of EDAC, who collectively own approximately 18.2% of the Company, have agreed to tender their shares into this transaction. The investigation relates to whether the price of $17.75 per share is fair to public shareholders and whether EDAC‘s Board breached its fiduciary duties in connection with the transaction.

If you own EDAC common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
pkim@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article Rosen Law Firm Announces Investigation of EDAC Technologies Corporation in Connection with its Sale to Greenbriar Equity Group LLC – EDAC originally appeared on Fool.com.

Business, Finance, Occupation & Industry

Rosen Law Firm Announces Investigation of Palomar Medical Technologies, Inc. in Connection with Its

March 19, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Rosen Law Firm Announces Investigation of Palomar Medical Technologies, Inc. in Connection with Its Sale to Cynosure, Inc. – PMTI

NEW YORK–(BUSINESS WIRE)– The Rosen Law Firm, P.A. is investigating the Board of Directors of Palomar Medical Technologies, Inc. (“Palomar” or the “Company”) (NASDAQ GS: PMTI) for possible breaches of fiduciary duty and other violations of state law in connection with its sale of the Company to Cynosure, Inc. (NASDAQ GS: CYNO).

Under the terms of the transaction, shareholders will receive $13.65 for each share of Palomar stock they own – $6.825 per share in cash and $6.825 per share in Cynosure common stock. The investigation relates to whether the price of $13.65 per share in cash and Cynosure stock is fair to public shareholders and whether PMTI‘s Board breached its fiduciary duties in connection with the transaction.

If you own Palomar common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: 212-686-1060
Weekends Tel: 917-562-8616
Toll Free: 1-866-767-3653
Fax: 212-202-3827
pkim@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article Rosen Law Firm Announces Investigation of Palomar Medical Technologies, Inc. in Connection with Its Sale to Cynosure, Inc. – PMTI originally appeared on Fool.com.

Business, Finance, Occupation & Industry

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of EDAC Technologies Corporation (EDA

March 18, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of EDAC Technologies Corporation (EDAC)

NEW YORK–(BUSINESS WIRE)– Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of EDAC Technologies Corporation (“EDAC” or the “Company”) (NAS: EDAC) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to GB Aero Engine LLC, an affiliate of Greenbriar Equity Group LLC, in a cash deal valued at approximately $104.1 million. Under the terms of the proposed transaction, EDAC‘s stockholders will receive $17.75 for each share of EDAC common stock they own. The proposed transaction is structured as a tender offer and may be effectuated without a shareholder vote.

Request more information now by clicking here: www.faruqilaw.com/EDAC . There is no cost or obligation to you.

The investigation focuses on whether EDAC‘s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of EDAC‘s shareholders.

If you own common stock in EDAC and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/EDAC or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Rosen Law Firm Announces Investigation of Securities Claims Against Great Lakes Dredge & Dock Corpor

March 15, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Rosen Law Firm Announces Investigation of Securities Claims Against Great Lakes Dredge & Dock Corporation – GLDD

NEW YORK–(BUSINESS WIRE)– The Rosen Law Firm, P.A. announces that it is investigating securities claims against Great Lakes Dredge & Dock Corporation (NAS: GLDD) to recover shareholder losses stemming from inaccurate financial statements.

On March 14, 2013 GLDD announced that its financial statements for the quarterly periods ended June 30, 2012 and September 30, 2012 should no longer be relied upon by investors and had to be restated. GLDD stated that “certain pending change orders where client acceptance has not been finalized were included as revenue.” Consequently, it concluded that “2012 second and third quarter demolition segment revenues were overstated by $3.9 million and $4.3 million, respectively.” GLDD also announced the departure of its Chief Operating Officer and President Bruce J. Biemeck, who served as Chief Financial Officer until August 20, 2012. This adverse information caused the price of GLDD stock to fall over 20%.

The Rosen Law Firm is investigating securities claims as a result of this adverse information. If you purchased GLDD‘s securities prior to March 14, 2013 you may visit the website at http://www.rosenlegal.com to join the prospective action. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 562-8616
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com

The Rosen Law Firm, P.A.
Phillip Kim or Kevin Chan
toll free at 866-767-3653
pkim@rosenlegal.com
kchan@rosenlegal.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article Rosen Law Firm Announces Investigation of Securities Claims Against Great Lakes Dredge & Dock Corporation – GLDD originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against VeriFone Systems, Ltd.

March 13, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against VeriFone Systems, Ltd.

LOS ANGELES–(BUSINESS WIRE)– Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been filed in the United States District Court, Northern District of California on behalf of all purchasers of the common stock of VeriFone Systems, Inc. (“VeriFone” or the “Company”) (NYS: PAY) between December 14, 2011 and February 19, 2013, inclusive (the “Class Period“).

VeriFone designs, markets, and services electronic payment solutions worldwide. The complaint alleges that: (a) the Company failed to execute its plan to move to a more subscriptions-based service model; (b) past acquisitions masked what was happening at the Company; (c) the Company’s accounting recognition was overly aggressive; (d) the Company lacked adequate internal and financial controls; and (e) as a result, the Company’s financial statements were materially false and misleading at all relevant times.

On February 20, 2013, the Company announced that it expected first quarter adjusted earnings to be between $0.47 to $0.57 per share on revenue of $424 million – well below analysts’ profit forecast of $0.73 per share on revenue of $492 million. The Company also announced a new revenue recognition policy which prevented it from recognizing revenues that quarter from distributors in the Middle East and Africa. On February 21, 2013, VeriFone shares declined $13.65 per share, or nearly 43%, to close on February 21, 2013, at $18.24 per share, on extremely heavy trading volume.

No class has yet been certified in this action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased VeriFone common stock during the Class Period, you have certain rights, and have until May 6, 2013 to move for lead plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, telephone: 310-201-9150, Toll-Free: 888-773-9224, e-mail: shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Binkow & Goldberg …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Law Offices of Todd M. Garber Announces Investigation of Tellabs, Inc.

March 13, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Law Offices of Todd M. Garber Announces Investigation of Tellabs, Inc.

LOS ANGELES–(BUSINESS WIRE)– The Law Offices of Todd M. Garber announces that it is investigating potential claims against Tellabs, Inc. (“Tellabs” or the “Company”) (NAS: TLAB) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by Tellabs between October 26, 2010 and April 26, 2011 were false and misleading concerning the Company’s business, operations, and financial prospects.

Tellabs designs, develops, and supports telecommunications networking products for communication service providers in the United States and internationally. The investigation is related to allegations that the Company misrepresented or failed to disclose that: (a) in the fourth quarter of 2010, the Company was changing its distribution arrangement with a customer; (b) this change to the distribution arrangement masked that Tellabs’ business was declining substantially faster than the Company had represented to the public; (c) the Company’s North American business was slowing at a greater rate than the Company had represented to the public; and (d) as a result of the above, the defendants’ positive statements about the Company’s business, operations, and prospects lacked a reasonable basis.

If you purchased Tellabs securities between October 26, 2010 and April 26, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
213-700-7262
info@toddgarberlaw.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

The article Law Offices of Todd M. Garber Announces Investigation of Tellabs, Inc. originally appeared on Fool.com.

Bartle Doo Article Archives

Tag Archives: Attorney Advertising

The Rosen Law Firm Announces Investigation of Securities Fraud Claims Against UniTek Global Services

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Fisher Communications, Inc. (FSCI)

Fisher Communications, Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP f

Rosen Law Firm Announces Investigation of Fisher Communications, Inc. in Connection with its Sale to

Law Offices of Todd M. Garber Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against

Law Offices of Todd M. Garber Announces Investigation of Navistar International Corporation

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against Incyte Corporation

Faruqi & Faruqi, LLP Launches an Investigation against PulteGroup, Inc. (PHM) for Potential Breaches

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Sterling Bancorp (STL)

The Rosen Law Firm Announces Investigation of Securities Claims Against Exide Technologies – XIDE

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit against Harvest Natural Resources Inc.

Rosen Law Firm Investigates Securities Fraud Claims Against Tech Data – TECD

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Obagi Medical Products, Inc. (OMPI

Rosen Law Firm Investigates Securities Fraud Claims Against Harvest Natural Resources, Inc. – HNR

Rosen Law Firm Announces Investigation of EDAC Technologies Corporation in Connection with its Sale

Rosen Law Firm Announces Investigation of Palomar Medical Technologies, Inc. in Connection with Its

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of EDAC Technologies Corporation (EDA

Rosen Law Firm Announces Investigation of Securities Claims Against Great Lakes Dredge & Dock Corpor

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against VeriFone Systems, Ltd.

Law Offices of Todd M. Garber Announces Investigation of Tellabs, Inc.

Articles Archive