Hi all; LTBH? Pissed? Get even: secfraud.com (LOL!!!)
But you'd better be quick, otherwise Micron is going to get that $150 million!
bermanesq.com
Shareholder Lawsuit Countdown. (Drip, Drip, Drip)
I thought I'd look around and try to get an estimate of how long it took the ambulance chasers to get around to suing various companies... The following data was sort of randomly located by following links around. I culled out cases that were first filed too long ago, as well as cases where it wasn't clear what the trigger was. But the delay looks like it is generally around a week:
ACCLE, 8 days:
Nasdaq Halts Trading of Accelerated Networks, Inc. and Requests Additional Information from Company ... April 17, 2001
biz.yahoo.com
April 25, 2001 -- Weiss & Yourman announced that it has filed a class action complaint ...
secfraud.com
CAMP, 2 days:
March 30, 2001, 7:34PM
Milberg Weiss Files Class Action Suit Against California Amplifier Inc.
biz.yahoo.com
March 29, 2001, 9:00AM
California Amplifier Announces Internal Financial Investigation
biz.yahoo.com
PTA, ~8 days:
04/03/2001 3.000 5366
04/02/2001 8.850 2429
03/30/2001 10.170 9194
finance.yahoo.com [ouch!], nasdaq.com
April 11, 2001
Law Offices Of Charles J. Piven, P.A. Announces Ongoing Investigation Of Penn Treaty American Corp. For Possible Violations Of Federal Securities Laws
biz.yahoo.com
NCS, 19 hours (!):
April 13, 2001, 1:00pm
The Pomerantz Firm Announces Securities Class Action Suits
biz.yahoo.com
April 12, 2001, 6:31pm
NCI Restates Financial Statements; Company Revises Outlook for Second Quarter Earnings
biz.yahoo.com
BVSN, 15 days:
April 2, 2001,
BroadVision, Inc. Announces Preliminary First Quarter 2001 Results ...
biz.yahoo.com
April 17, 2001
Milberg Weiss Files Class Action Suit Against BroadVision Inc.
biz.yahoo.com
... BroadVision's CFO did not fair nearly so poorly, having sold 30,000 shares of his BroadVision stock before the bad news was revealed. ... [How did he know to do that? LOL!!!]
secfraud.com
NUAN, 6 days
March 15, 2001
Nuance Lowers Q1 Results Guidance
biz.yahoo.com
March 21, 2001
Milberg Weiss Files Class Action Suit Against Nuance Communications Inc.
biz.yahoo.com
BRCM, 8 days:
... The complaint accuses Broadcom of failing to inform investors about these warrant-related agreements, which came to light on February 27, 2001 in a Wall Street Journal article. ... The complaint was filed March 7, 2001 in U.S. District Court for the Central District of California.
biz.yahoo.com
This could happen before options expiration on Friday. But if RMBS doesn't have a shareholder lawsuit by the end of the week, I think they are in the clear. For now.
RMBS, ? days:
May 9, 2001
U.S. Jury Finds Rambus Liable for Fraud
dailynews.yahoo.com
May 17, 2001
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-- Carl
P.S. Someone pass this message to Tate: "Take good care of that desk, I'm going to buy it at the bankruptcy auction." |
