|
LIBOR Contributing Banks Named in Commodities Fraud and Antitrust Class Actions
|
|
April 27, 2011 @ 11:21 am |
Credit Suisse Group AG, Bank of America Corporation, J.P. Morgan Chase & Co., HSBC Holdings plc, Barclays Bank plc, Lloyds Banking Group plc, WestLB AG, UBS AG, Royal Bank of Scotland Group plc, Deutsche Bank AG, The Norinchukin Bank, and Citibank, N.A., have been named in two separate class actions alleging fraud and the manipulation of LIBOR Rates and Exchange Traded LIBOR Based Derivatives.
LIBOR or the "London Interbank Offered Rate" a daily reference rate based on the interest rates at which banks borrow unsecured funds from other banks in the London wholesa...
Read Full Article
|
|
The Guiliano Law Firm, P.C. is investigating claims on behalf of purchasers of Heartware International (NASDAQ: HTWR) between November 15, 2010 and April 15, 2011.
|
|
April 26, 2011 @ 9:21 am |
HeartWare International, Inc., a medical device company, engages in the design, manufacture, and marketing of medical devices for the treatment of advanced heart failure.
On April 15, 2011, HeartWare shares opening price was 18.8% lower than Friday's closing. The stock opened today at at $68.11.
The shares plummeted after company announced that it was required to updated data from its pivotal bridge to heart transplantation (BTT) study, contrary to the Company’s previous announcement in November 2010, that the ADVANCE study achieved its primary endpoint of...
Read Full Article
|
|
Guiliano Law Firm Investigates Claims in connection with the acquisition of Tenent Healthcare Corporation by Community Health Care
|
|
April 25, 2011 @ 8:47 am |
Shareholders of of Tenent Healthcare Corporation may have potential claims related to the company’s acquisition by Community Health Care.
According to a complaint filed in the United States District Court for the Northern District of Texas, Tenet seeks to compel Community Health Systems, Inc. to make certain disclosures to its shareholders, and alleged that Community Health Care or CHS, failed to disclose its improper business practices and substantial liabilities, CHS has made false and misleading statements and material omissions to its own shareholders.
Now...
Read Full Article
|
|
Guiliano Law Firm investigates claims against 99 Cents Only Stores, Inc.
|
|
April 25, 2011 @ 8:33 am |
Shareholders purchasing 99 Cents Only Stores, Inc. (NYSE: NDN) shares prior to March 11, 2011 may have potential claims against the board of directors of the company concerning possible breaches of fiduciary duty and other violations of law related to the company’s acquisition by Leonard Green & Partners, L.P. to acquire the company in a "going private" transaction for $19.09 per share in cash.
The Schiffer/Gold family already owns approximately 33% of the Company’s outstanding common stock, and the Proposal letter states that they are prepared to con...
Read Full Article
|
|
Guiliano Law Firm investigates claims against SRA International, Inc. in connection with acquisition by Providence Equity Partners
|
|
April 25, 2011 @ 8:23 am |
Shareholders purchasing SRA International (NYSE: SRX) shares prior to April 1, 2011
may have potential claims against the board of directors of the company concerning possible breaches of fiduciary duty and other violations of law related to the company’s merger agreement to be taken private by Providence Equity Partners for $31.25/share in cash or approx. $1.88 billion.
SRA Founder and Chairman, Ernst Volgenau, who owns a total of approximately 11.8 million shares of SRA Class A and Class B common stock, representing 21% of total shares outstanding and 71% of...
Read Full Article
|
|
|
 RSS Subscription
|
How SIPC Protects You ( Securities Investor Protection Corporation)
|
Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports
|
|
