Tag Archives: BENSALEM

Business, Finance, Occupation & Industry

Law Offices of Howard G. Smith Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Law Offices of Howard G. Smith Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against Harvest Natural Resources Inc.

BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith announces that investors of Harvest Natural Resources, Inc. (“Harvest” or the “Company”) (NYS: HNR) have until May 21, 2013 to move the Court to serve as lead plaintiff in the securities fraud class action lawsuit filed in the United States District Court for the Southern District of Texas on behalf of a class (the “Class”) comprising all purchasers of Harvest securities between May 7, 2010 and March 18, 2013, inclusive (the “Class Period“). 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.

If you are a member of the Class described above, 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, or may retain counsel of your choice. If you wish to discuss this action or learn more concerning your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

KEYWORDS:   United States  North America  Pennsylvania

INDUSTRY KEYWORDS:

The article Law Offices of Howard G. Smith Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against Harvest Natural Resources Inc. originally appeared on Fool.com.

…read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Law Offices of Howard G. Smith Announces Investigation of Edac Technologies Corp.

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Law Offices of Howard G. Smith Announces Investigation of Edac Technologies Corp.

BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Edac Technologies Corp. (“Edac” or the “Company”) (NAS: EDAC) related to the proposed acquisition of the Company by GB Aero Engine LLC, an affiliate of Greenbriar Equity Group LLC. The transaction is valued at approximately $104.1 million or $17.75 per share.

This investigation concerns whether the Board of Directors of Edac 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 skyrocketed from $9.86 on May 22, 2012 to $16.74 on March 5, 2013.

If you are a shareholder of Edac, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
Toll Free (888) 638-4847
howardsmith@howardsmithlaw.com
http://www.howardsmithlaw.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Law Offices of Howard G. Smith Announces Investigation of Edac Technologies Corp. 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.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

(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(
Array.prototype.slice.call(arguments,0)))}}var g=a;”undefined”!==typeof f?g=a[f]=[]:
f=”mixpanel”;g.people=g.people||[];h=[‘disable’,’track’,’track_pageview’,’track_links’,
‘track_forms’,’register’,’register_once’,’unregister’,’identify’,’alias’,’name_tag’,
‘set_config’,’people.set’,’people.increment’];for(e=0;e<h.length;e++)d(g,h[e]);
…read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Law Offices of Howard G. Smith Announces Continued Investigation of Bankrate, Inc.

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Law Offices of Howard G. Smith Announces Continued Investigation of Bankrate, Inc.

BENSALEM, Pa.–(BUSINESS WIRE)– The Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of Bankrate, Inc. (“Bankrate” or the “Company”) (NYS: RATE) securities concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by the Company between June 16, 2011 and October 15, 2012 regarding Bankrate’s business, operations and prospects were false and misleading.

Bankrate publishes, aggregates, and distributes personal finance content on the Internet. Specifically, the investigation is related to Bankrate’s October 15, 2012 disclosure that its preliminary third-quarter revenue and earnings were significantly below expectations due to transitions in its insurance lead business. On this news, shares of Bankrate declined $3.24 per share, or 22.34%, to close on October 16, 2012 at $11.26 per share, on heavy trading volume.

If you purchased Bankrate securities between June 16, 2011 and October 15, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

KEYWORDS:   United States  North America  Pennsylvania

INDUSTRY KEYWORDS:

The article Law Offices of Howard G. Smith Announces Continued Investigation of Bankrate, Inc. 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.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

(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(
Array.prototype.slice.call(arguments,0)))}}var g=a;”undefined”!==typeof f?g=a[f]=[]:
f=”mixpanel”;g.people=g.people||[];h=[‘disable’,’track’,’track_pageview’,’track_links’,
…read more
Source: FULL ARTICLE at DailyFinance