Shareholders Foundation

welcome to the shareholders foundation

Welcome to The Shareholders Foundation. We are an investor advocacy group. Our goal is to help investors find answers and options involving investments which are involved in some form of legal action. This website was designed to help you find the news, case, and case investigation information affecting your investments.

We now offer customized tracking and notification services for investors. The Company Search menu item will take you to a list of all of the companies that we are currently tracking. From there you may select any of the companies that you wish to review. This will take you to the "Company Overview" page. From the "Company Overview" page you can select whichever case affects your particular investment, and from any of those pages you my subscribe to whichever case, company, or ticker is available for tracking or submit the form located at the bottom of the company pages to have a particular investment reviewed for options.

Top Stories


September 2, 2010
Case
An investor of Cogent, Inc. (NASDAQ:COGT) filed a lawsuit in State Court against members of the board of directors of Cogent over alleged breaches of fiduciary duty arising out of the attempt to sell Cogent too cheaply to 3M.
Case
An investor of Wesco Financial Corporation (, AMEX:WSC) filed a lawsuit in State Court against members of the board of directors of Wesco Finanical alleging breaches of fiduciary duty arising out of the attempt to sell Wesco Financial too cheaply to Warren Buffet's Berkshire Hathaway.
Investigation
An investigation on behalf of investors of DG FastChannel Inc. (NASDAQ:DGIT) over possible violations of Federal Securities Laws by DG FastChannel in connection with its stock price drop of more than 40% was announced.
Investigation
An Investigation on behalf of investors of Skilled Healthcare Group, Inc. (NYSE:SKH) over possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Skilled Healthcare Group, Inc. was announced.
Case
An investor filed a lawsuit on behalf of all persons who purchased or acquired Corinthian Colleges, Inc. (NASDAQ:COCO) securities during the period from October 30, 2007 through including August 19, 2010, over alleged violations of Federal Securities Laws by Corinthian Colleges.

An investor of Cogent, Inc. (NASDAQ:COGT) filed a lawsuit in State Court against members of the board of directors of Cogent over alleged breaches of fiduciary duty arising out of the attempt to sell Cogent too cheaply to 3M.

According to the complaint the plaintiff alleges that the defendants breached their fiduciary duty in connection with the attempt to sell Cogent to 3M at an unfair price through an unfair process. On Monday, August 30, 2010, 3M and Cogent announced that 3M will acquire Cogent pursuant to an all cash offer. Under the terms of the agreement, Cogent stockholders will receive cash of $10.50 in exchange for each share of Cogent common stock. The proposed transaction has an aggregate value of approximately $943...

here

An investigation on behalf of investors of DG FastChannel Inc. (NASDAQ:DGIT) over possible violations of Federal Securities Laws by DG FastChannel in connection with its stock price drop of more than 40% was announced.

DG FastChannel, Inc, located in Irving, Texas, is a provider of digital technology services, which enables the electronic delivery of advertisements, syndicated programs, and video news releases to broadcasters, online publishers and other media outlets. Shares of DG FastChannel Inc. (NASDAQ: DGIT) dropped from $27.52 per share on Friday Aug 27, 2010, to $15.21 per share on Monday, August 30, 2010, after DG FastChannel announced weaker-than-expected revenue for the 2010 third quarter. The investigation by a law...

here

Search

search for company by company name or ticker symbol

Latest Aquisition

Cogent Systems Deal Case 09/01/2010

An investor of Cogent, Inc. (NASDAQ:COGT) filed a lawsuit in State Court against members of the board of directors of Cogent over alleged breaches of fiduciary duty arising out of the attempt to sell Cogent too cheaply to 3M.

According to the complaint the plaintiff alleges that the defendants breached their fiduciary duty in connection with the attempt to sell Cogent to 3M at an unfair price through an unfair process. On Monday, August 30, 2010, 3M and Cogent announced that 3M will acquire Cogent pursuant to an all cash offer. Under the terms of the agreement, Cogent stockholders will receive cash of $10.50 in exchange for each share of Cogent common stock. The proposed...

here

New Cases

Wesco Financial Corporation

Cogent Systems

Mergers and Acquisition
NASDAQ: COGT

Genzyme Corporation

Corinthian Colleges

Northern Trust Corporation

American Apparel

DJSP Enterprises

Diamond Mgt. & Technology Consultants

Market News

Skilled Healthcare Group, Inc. Under Investor Investigation - An Investigation on behalf of investors of Skilled Healthcare Group, Inc. (NYSE:SKH) over possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Skilled Healthcare Group, Inc. was announced. - Sep 2, 2010
DG FastChannel, Inc. Under Investor Investigation - An investigation on behalf of investors of DG FastChannel Inc. (NASDAQ:DGIT) over possible violations of Federal Securities Laws by DG FastChannel in connection with its stock price drop of more than 40% was announced. - Sep 2, 2010
Cogent, Inc. Takeover by 3M Under Investor Investigation - On Monday, August 30, 2010, 3M and Cogent announced that 3M will acquire Cogent pursuant to an all cash offer. Under the terms of the agreement, Cogent stockholders will receive cash of $10.50 in exchange for each share of Cogent common stock. - Sep 1, 2010
NIC, Inc. Faces Investor Investigation - An investigation on behalf of investors in NIC, Inc. (NASDAQ:EGOV) over possible breaches of fiduciary duty in connection with an ongoing investigation by the Securities and Exchange Commission regarding improper reporting of business expenses by a former NIC, Inc. officer was announced. - Aug 30, 2010
Wesco Financial Corporation Buyout Subject to Shareholder Investigation - After Berkshire Hathaway announced its intent to takeover the remaining stake of Wesco Financial an investigation on behalf of investors of Wesco Financial Corporation (, AMEX:WSC) concerning possible breaches of fiduciary duty was announced. - Aug 30, 2010
SearchMedia Holdings Limited Under Investor Investigation - An investigation on behalf of investors in SearchMedia Holdings Limited (AMEX:IDI) concerning possible violations of federal securities laws was announced. - Aug 25, 2010
Diamond Mgt. & Technology Consultants, Inc. Board Under Investor Investigation - An investigation on behalf of current investors of Diamond Mgt. & Technology Consultants In (NASDAQ:DTPI) over possible shareholder claims based on breach of fiduciary duty in connection with takeover attempt by PricewaterhouseCoopers LLP was announced. - Aug 24, 2010
NewAlliance Bancshares, Inc. Board Under Shareholder Investigation - An investigation on behalf of current investors of NewAlliance Bancshares, Inc. (NYSE:NAL) concerning potential breaches of fiduciary duty by the NAL board of directors in connection with the announced merger between New Alliance Bancshares, Inc and First Niagara Financial Group, Inc. was announced. - Aug 23, 2010
McAfee, Inc. Shareholder Investigations Concerning Breaches of Fiduciary Duty by the MFE Board - Only hours after Intel hit the market with its move into the internet security sector several investigations on behalf of current investors of McAfee, Inc. (NYSE:MFE) concerning potential breaches of fiduciary duty by the MFE board of directors were announced. - Aug 19, 2010
Phoenix Technologies Ltd. Faces Investor Investigations - After Phoenix Technologies announced on Tuesday its takeover by affiliates of Marlin Equity Partners several investigations on behalf of current investors of Phoenix Technologies Ltd. (NASDAQ:PTEC) concerning potential breaches of fiduciary duty by the PTEC board of directors were announced. - Aug 19, 2010