Phil Law Weblog

Hagens Berman Sobol Shapiro LLP filed alwsuit against Cadence Design Systems (NASDAQ:CDNS) for alleged securities fraud. The lawsuit represents those who purchased Cadence stock from April 23, 2008 until Oct. 22, 2008. If you invested in Cadence stock and would like more information, you may contact HBSS counsel at cdns@hbsslaw.com or 510-725-3000.

Purchasers of common stock of Britannia Bulk Holdings have filed a class action lawsuit. Spector Roseman Kodroff & Willis, P.C. announced to file the lawsuit in the United States District Court for the Southern District of New York.

Savient Pharmaceuticals, Inc. faces a class action lawsuit for violation of the federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. The lawsuit also charges the company of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market [...]

PharmaNet Development Group, Inc. is likely to face a class action lawsuit for violations of the Securities Exchange Act of 1934.Dyer & Berens LLP announces to file the lawsuit in the United States District Court for the District of New Jersey on behalf of investors of the company.

Taleo Corporation shareholder has filed a class action lawsuit on behalf of the investors of the company securities between October 4, 2005 and November 10.

Anadigics, Inc is likely to face class action lawsuit in the United States District Court for the District of New Jersey, for violating federal securities laws. The law firm of Izard Nobel LLP announces the lawsuit on behalf of all those who purchased the common stock of Anadigics, Inc. between July 25, 2007 and [...]

Noah Education Holdings, Ltd. is to face a class action lawsuit in the United States District Court for the Southern District for violations of the federal securities laws.The lawsuit was filed on behalf of all who purchased the American Depositary Shares of Noah Education in or traceable to the Company’s initial public offering on or [...]

It seems that tough time continues for Lehman Brothers. The Securities Law Firm of Klayman & Toskes, announced to start investigation on behalf of investors who purchased Lehman Brothers structured products including Lehman Brothers Principal Protected Notes from UBS.

Cadence Design Systems, Inc. is likely to face a class action lawsuit from all the purchasers of its securities of the company. The class action lawsuit was filed in the United States District Court for the Northern District of California.The Complaint charges Cadence and certain of the Company’s executive officers with violations of federal securities [...]

A shareholder law suit is been filed against Fortis Company and some of their officers and directors alleging that the defendants had issued materially false and misleading statements regarding Fortis business and financial which has led to artificial inflation of the market price.