Phil Law Weblog

A security class action lawsuit has been filed against the New York based commercial and consumer finance company CIT Group Inc. in the United States District Court for the Southern District. The class action has been filed on behalf of all, who purchased the common stocks of the company between the class period [...]

SemGroup Energy Partners, L.P (SGLP) faces a securities class action lawsuit for violation of the federal securities laws. The lawsuit charges the company of violating the Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. The lawsuit is filed in the United States District Court for the Southern District [...]

A class action lawsuit has been announced in the United States District Court for the District of Nevada against the Turnberry/MGM Grand Towers, LLC for violation of the Securities Exchange Act of 1934 and 1933. The lawsuit has claimed to recover on behalf of all persons who purchased one or more of the securities in [...]

CompuCredit Corporation faces a class action lawsuit in the United States District Court for the Northern District of Georgia. Coughlin Stoia Geller Rudman & Robbins LLP has filed the lawsuit on behalf of all the purchasers of the common stock during the period between November 6, 2006 and June 9, 2008.

A class cation lawsuit has been filed against the Wachovia Corp in the U.S. District Court for the Southern District of New York. The lawsuit accuses the company of violations of the Employee Retirement Income Security Act (ERISA)of 1974, as amended. Charles H. Johnson & Associates has announced the lawsuit on behalf of all [...]

The MRV Communication, the leading supplier of communications equipment and services to carriers, governments and enterprise customers worldwide faces a Securities class action lawsuit in the United States District Court for the Central District of California. The lawsuit has been filed by the Dyer & Berens LLP on behalf of all the purchasers of [...]

Brooks Automation Inc. announced that it has reached a settlement in the securities class action filed in June 2006. The class action lawsuit was filed in relation with the company’s stock option granting practices and related accounting. Under the terms of the agreement, $7.75 million will be paid into a settlement fund, pending [...]

A class action lawsuit has been filed against the MGIC Investment Corporation at the United States District Court for the Eastern District of Wisconsin. Stull, Stull & Brody has announced the securities class action on behalf of the purchasers of the common stock of MGIC Investment Corporation between October 12, 2006 and February 12, [...]

Charles H Johnson and Associate has decided to file a Securities Class Action Lawsuit against the Downey Financial Corporation on behalf of its purchaser. The class action lawsuit is filed at the United States District Court for the Central District of California. The charges of the lawsuit are :