Sentences with phrase «action against the investors»

As part of the bankruptcy process, the Chapter 7 trustee filed an action against the investors and sought to void their purchase.

Not exact matches

A respected presence also safeguards against competition from late investors who want a piece of the action once the country stabilizes.

CELGENE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $ 100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Celgene Corporation - CELG

The class action, filed in United States District Court, Southern District of New York, and docketed under 18 - cv - 02213, is on behalf of a class consisting of investors who purchased or otherwise acquired BRF American Depositary Receipts («ADRs») between April 4, 2013 and March 2, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officials.

The class action, filed in United States District Court, for the District of Illinois, Eastern Division, is on behalf of a class consisting of investors who purchased or otherwise acquired Akorn's securities between March 1, 2017 through February 26, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officials.

Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of computers.

LONDON, April 11 - The U.S. dollar slipped to a two - week low against a basket of currencies on Wednesday as trade war fears receded but uncertainty over possible Western military action against Syria bred risk aversion among some investors.

(New throughout, updates prices, market activity and comments; adds second byline and NEW YORK dateline) NEW YORK / LONDON, April 10 (Reuters)- Gold prices rose on Tuesday, hitting their highest in nearly a week as the U.S. dollar weakened and investors awaited potential U.S. action against suspected use of chemical weapons in Syria.

NEW YORK / LONDON, April 10 - Gold prices rose on Tuesday, hitting their highest in nearly a week as the U.S. dollar weakened and investors awaited potential U.S. action against suspected use of chemical weapons in Syria.

This month, investors filed a class action lawsuit against Stratasys.

Pomerantz is co-lead counsel in a securities class action against international pharmaceutical company Perrigo plc concerning allegations related to the company misleading investors as to its revenue growth potential in order to encourage them to reject a tender offer by Mylan N.V.

In a statement shortly after he sued JPMorgan Chase, Mr. Schneiderman said the lawsuit was a template «for future actions against issuers of residential mortgage - backed securities that defrauded investors and cost millions of Americans their homes.»

The Department concluded that prompt action was needed to protect against this investor confusion and uncertainty, and to ensure that the Rule and PTEs did not become temporarily applicable.

The SEC promotes full public disclosure, protects investors against fraudulent and manipulative practices in the market, and monitors corporate takeover actions in the United States.

In Lavender v. Miller Bernstein, Justice Edward Belobaba sided with investors who brought a class action lawsuit against an accounting firm that had audited a now - defunct securities dealer, Buckingham Securities.

LONDON, April 11 Renewed caution among investors dented Britain's top share index on Wednesday as Western forces discussed possible military action against Syria, although strong results from Tesco pushed its shares higher.

On March 4, 2013, Shkreli sent Steven Rosenfeld, an MSMB Healthcare investor, an email stating: «Ron Tilles informed me you're considering legal action against our company.

The cryptocurrency market has also entered a period of uncertainty, as investors continue to fret about possible regulatory action against digital currency exchanges.

For example, the actions against Yukos and Khodorkovsky should be an investor red flag about Russia's commitment to rule of law and protection of shareholder and investor rights.

For recent insight from Powers and Kornfeld, see ««Gatekeeper» Actions by the SEC and Investors Against Administrators Challenge Private Fund Industry» (Sep. 8, 2016); and «A New Look at an Old Standard: The Power of Minority Bondholders Under the Trust Indenture Act» (Mar. 5, 2015).

Investors claimed it involved insider information, giving the company's internal staff an advantage over them and leading to class - action lawsuits against the exchange.

NEW ORLEANS, April 20, 2018 (GLOBE NEWSWIRE)-- Kahn Swick & Foti, LLC («KSF») and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 8, 2018 to file lead plaintiff applications in a securities class action lawsuit against Foot Locker, Inc. (NYSE: FL), if they purchased the Company's shares between August 19, 2016 and August 17, 2017, inclusive (the «Class Period»).

NEW ORLEANS, April 20, 2018 (GLOBE NEWSWIRE)-- Kahn Swick & Foti, LLC («KSF») and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 7, 2018 to file lead plaintiff applications in a securities class action lawsuit against Henry Schein, Inc. (NasdaqGS: HSIC), if they purchased the Company's securities between March 7, 2013 and February 12, 2018, inclusive (the «Class Period»).

NEW ORLEANS, April 20, 2018 (GLOBE NEWSWIRE)-- Kahn Swick & Foti, LLC («KSF») and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 4, 2018 to file lead plaintiff applications in a securities class action lawsuit against Atlas Financial Holdings, Inc. (NasdaqGM: AFH), if they purchased the Company's securities between March 13, 2017, and March 2, 2018, inclusive (the «Class Period»).

Just as traders and investors in the financial markets are warned against overtrading or chasing action, cold and pragmatic assessment is vital along with resisting the urge to succumb to an itchy trigger finger.

DiNapoli said he will seek to lead the class action against BP to give the fund and other investors their best chance at recovering damages sustained from the decline in shareholder value subsequent to the Deepwater Horizon explosion and oil spill.

A class - action investor lawsuit is also pending against the company, accusing company leaders of making misleading statements about the performance of schools run by the company.

Retail investors shouldn't just assume a seal of approval from the SEC because it hasn't brought any action against a company, for example.

This list of the 10 biggest class action lawsuits in the world indicates that 8 of the 10 were by investors against their own company.

The Commission concluded that the directive provides no grounds «to take legal action against Spain with regard to the legislative changes which affected the level of support given to investors in renewable energy projects», and the affected investors were advised to seek judicial review before Spanish courts.

A law designed to make it easier to bring class action suits against companies that mislead investors has all sides frustrated as it faces its first real - world tests.

Meanwhile, in August of 2015, Mr. Paniccia, a retail investor with a much smaller stake in MDC's common shares, commenced a proposed securities class action against MDC and certain of its officers in Ontario under Part XXIII.1 of the Ontario Securities Act, R.S.O. 1990, c. S. 5.

In July of 2015, an institutional investor with a substantial stake in MDC's common shares commenced a proposed securities class action against MDC and certain of its officers under the U.S. Securities Exchange Act of 1934 and Securities and Exchange Commission («SEC») Rule 10b - 5 in the U.S. District Court for the Southern District of New York (the «U.S. Securities Class Action&raaction against MDC and certain of its officers under the U.S. Securities Exchange Act of 1934 and Securities and Exchange Commission («SEC») Rule 10b - 5 in the U.S. District Court for the Southern District of New York (the «U.S. Securities Class Action&raAction»).

He engages in a wide range of investment actions for investors, lenders and debtors and acts both for and against financial institutions in disputes with customers, merchants and regulators.

This e-newsletter recently reported that shareholders filed two potential shareholder class action lawsuits against Facebook (Pathan, No. 53760 / 12 and Dewhurst, No. 100 S of 2012) in Ontario and Saskatchewan for alleged collusion with bankers leading to investor losses.

As Lyle Denniston discussed in this analysis at SCOTUSBlog, the 5th Circuit threw out a class action against various banks and brokerage firms for transactions related to Enron's defrauding of investors, finding that «the banks and brokerage firms had not engaged in a «deceptive act» under securities fraud law.

Thousands of UK investors are set to take legal action against Spanish banks for refusing to return deposits on failed property developments.

Thousands of UK investors are set to take legal action against Spanish banks for refusing to return deposits on...

The lawsuit before the Court was a class action brought by the investors against the accounting firm.

Representation of hundreds of investors in complex securities action involving oil and gas investor scam resulting in $ 21.5 MM disgorgement order obtained by the Securities and Exchange Commission against the perpetrators and the investor clients receiving a collective 60 % interest in the oil and gas company after the perpetrators were removed through successful appointment of a Ch.

The class action against Royal Bank of Scotland that recently hit the headlines was an interesting case for investors in more ways than one.

Although both the Kingdom of the Netherlands and ING brought actions against that new decision, pleading that the Commission had erred in its application of the private investor test, the parties withdrew their actions.

BITs provide an additional layer of legal protection by allowing investors to take legal action against Zimbabwe where certain rights of an investor have been infringed.

In 2010, White Industries commenced action against the Indian government, arguing that the delay violated the guarantee of effective means of enforcing legal rights set out in the bilateral investment treaty between India and Kuwait (and applicable to the Australian investors through the «most favored nation» treatment conferred under the India - Australia treaty).

aul, Weiss secured an affirmance of the dismissal of a New York state court action for breach of fiduciary duty against Silverpeak Real Estate Partners LP, which had been filed by investors who purchased Lehman real estate assets...

Paul, Weiss secured an affirmance of the dismissal of a New York state court action for breach of fiduciary duty against Silverpeak Real Estate Partners LP, which had been filed by investors who purchased Lehman real estate assets...

Mr. Girard currently serves on the leadership team in the Target and Sony data breach actions; serves as lead counsel in derivative litigation on behalf of Wal - Mart shareholders arising out of alleged bribery in Mexico, lead counsel for commodities investors in litigation arising out of the collapse of a commodities futures merchant, and lead counsel in a multi-district «pay for delay» antitrust proceeding against major pharmaceutical companies.

An investor has the right to rescind a non-complying transaction under § 12 (a)(1) of the Act, and the S.E.C. is authorized to seek to enjoin the sale and advertising of unregistered securities and to bring an action for civil penalties against those who violate § 5.

In July of 2015, an institutional investor with a substantial stake in MDC's common shares commenced a proposed securities class action against MDC and certain of its... Read More

The 5 - 3 ruling — with Justice Stephen Breyer recused — said that the private right of action by investors against companies allowed by Section 10 (b) of the Securities Exchange Act of 1934 does not extend to third - party vendors and others if investors did not rely on their statements or representations.