SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. Pink who wrote (1855)7/22/1998 2:47:00 PM
From: Peter V  Read Replies (1) of 18998
 
Fraud Lawsuit Filed for Purchasers of Sirrom Capital

biz.yahoo.com

NASHVILLE, July 22 /PRNewswire/ -- A securities fraud lawsuit was filed in Nashville, Tennessee on behalf of purchasers of Sirrom Capital Corporation (NYSE: SIR - news) Common Stock. The lawsuit seeks class action status and the representation of all purchasers of Sirrom Capital Common Stock who purchased their shares between January 20, 1998 and July 10, 1998. The lawsuit alleges that Sirrom and certain of its officers and directors failed to disclose the impaired value of certain of its key investments in and loans to several of its borrowers including Saraventure Fixtures and Precision Panel. The defendants allegedly concealed this information so that they could sell 6.9 million shares of Sirrom stock at artificially inflated prices and thereby reap over $160 million dollars before Sirrom collapsed in price. This lawsuit was filed by lawyers with substantial experience in prosecuting class action lawsuits on behalf of investors. If you purchased Sirrom Common Stock and wish to discuss this action and your rights or interests, please call or email the attorneys listed below.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News