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Welcome to the Shareholders Foundation. 

 

Who we are…

We are investors who at one time or another, felt the sting of a bad investment, and were left wondering, “what do we do now?”   We realized then, how difficult it is to find answers through internet search engines and newspaper headlines. The SEC protocols, Class action rules, and settlement participation can be overwhelming.  The Shareholders Foundation was created to empower you with the answers you need to take the next step. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We are able to use our size to negotiate with significantly greater efficacy than the single investor with investigators, attorneys, and defendants. At Shareholders Foundation, Inc. we believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder by matching shareholder problems with the right legal experts, and finding equitable solutions. Shareholders Foundation, Inc. is comprised of a network of legal experts who both contribute to our vision for the Shareholders Foundation, Inc. and also represent the shareholders in real cases. The Shareholders Foundation, Inc. is not a law firm. Any statements made in press releases, emails or over the phone by any member or personnel employed by Shareholders Foundation, Inc. or by third parties related to the Shareholders Foundation, Inc. is provided for research and guidance purposes only and are not legal advices, as we can not give you legal advice. The information is provided as a public service. It is not intended as legal advice and should not be relied upon. If you want legal advice we can recommend you a lawyer or you will have to consult your own attorney.

 

What we do…

There is power in numbers, and that the more shareholders we unite around a common cause, the more effective our petitions become. The primary motivation behind the Shareholders Foundation is to unite shareholders and protect their investments from corporate and financial fraud. The more members the Shareholders Foundation has, the more power it has to protect it’s members.

The Shareholders Foundation was created to help individual and institutional investors by providing a free portal, where all of the relevant information regarding the specific lawsuits, class action filings and settlement information pertaining to their investments could be accessed. We give our members custom tools to help them manage their portfolios more completely. You have plenty of options to find the current value and general news about your investments, but we are the source for investment protection and recovery. If your investment does not appear in our company index, that is great news (company index currently contains two years of information). However, when your investment shows up on our radar, we will compile a comprehensive account of news articles, lawsuits, class action filings, judgments, and settlement information. If you find your investment on our site and you would like to discuss your options, or need help recovering your part of a settlement, please call or email.  We are here to help.

The Shareholders foundation offers free, comprehensive tracking and notification services for both individual and institutional investors. We help investors find the right answers, and match them with professionals who can help them recover their losses. We are NOT attorneys and the Shareholders Foundation, Inc is not a law firm. The Shareholders Foundation has teamed up with legal experts all over the country to help answer your questions and guide you throughout the class action and settlement process. We also offer the competitive price bidding of legal services for institutional investors and individual investors, finding them the best firm at the best price to help protect their clients portfolios. We also provide a host of other services that are available through the website.

It is an unfortunate fact, that over 70% of class action settlements are NOT recovered in the US because most participants don’t know they are eligible, or do not understand how to participate. We will help our members stay informed and involved so that they can make the most of their investments.

Sincerely,

Trevor Allen
General Manager
Shareholders Foundation 

Countrywide Mortgage-Backed Securities Certificate Investor Lawsuit - An investor has filed a lawsuit in the United States District Court for the Central District of California on behalf of investors of certain mortgage-backed securities (Alternative Loan Trust Certificates issued by CWALT, Inc., certain CWABS Asset-Backed Trust Certificates issued by CWABS, Inc., certain CHL Mortgage Pass-Through Trust Certificates issued between 2005 and 2006 by CWMBS, Inc., and certain CWHEQ Revolving Home Equity Loan Trusts and Home Equity Loan Trusts issued by, CWHEQ, Inc.) sponsored by affiliates of Countrywide Financial Corporation and its wholly-owned subsidiary Countrywide Home Loans, Inc. and related trusts, issued between 2005 and 2007.
infoGROUP, Inc. Board Under Investigation - The investigation by la aw firm focuses on potential breaches of fiduciary duty and other violations of state law arising out of the attempt to take over infoGROUP Inc (Public, NASDAQ:IUSA) by CCMP Capital.
Medivation, Inc. Investor Files Lawsuit Over Alleged Securities Laws Violations - The plaintiff alleges that Medivation, Inc. and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between July 17, 2008 and March 2, 2010 false and misleading statements regarding its drug Dimebon.
Ormat Technologies, Inc. Hit by Investor Lawsuit - The plaintiff alleges that Ormat Technologies, Inc and certain of its executive officers violated federal securities laws by knowing or recklessly disregarding between May 6, 2008 and February 24, 2010 that their public statements concerning Ormat Technologies, Inc's business, operations and prospects were materially false and misleading.
RCN Corporation Board of Directors Under Investigation - The investigation by la aw firm focuses on potential breaches of fiduciary duty and other violations of state law by the Board of Directors of RCN Corp. arising out of their attempt to sell RCN Corporation to an investment fund managed by ABRY Partners.
Shareholders Foundation Announces Investor Lawsuit Against Bare Escentuals, Inc. Board - On January 15, 2010, Bare Escentuals, Inc. (Nasdaq:BARE - News) and Shiseido Co., Ltd. announced that they have entered into a definitive agreement pursuant to which Shiseido Co., Ltd. will acquire Bare Escentuals for approximately US$1.7 billion through an all-cash tender offer and second-step merger.
St. Jude Medical, Inc. under Investigation - According to the investigation by a law firm the investigation on behalf of investors in St. Jude Medical, Inc. (Public, NYSE:STJ) focuses on potential violations of the federal securities laws by St. Jude Medical, Inc. (NYSE: STJ) based on whether a series of statements regarding St. Jude business, its prospects and its operations were materially false and misleading at the time they were made.
Pride International, Inc. Under Shareholder Investigation Over Alleged Corruption Practices - The Investigations reportedly show evidence of among others, close to $1 million in payments made to government officials in Venezuela and Mexico between 2003 and 2005.
UCBH Holdings, Inc. 8.50% Non-Cumulative Perpetual Convertible Series B Investors Investigation - UCBH Holdings announced on May 12, 2009, that UCBH was delaying the filing of its Quarterly Report with the Securities and Exchange Commission for the 2009 fiscal first quarter and, as a result of an ongoing assessment of the adequacy of its allowance for loan losses, additional general reserve provisions to its allowance for loan losses were possible, and that any additional provisioning would further increase its net loss for the quarter ended March 31, 2009.
CKE Restaurants, Inc. Investor Files Lawsuit Against Takeover - According to the complaint the plaintiff alleges breaches of fiduciary duty arising out of the attempt to sell CKE Restaurants, Inc. (NYSE:CKR) to Thomas H. Lee Partners.
Kingsway Financial Services Inc. (USA) under Shareholder Investigation - The investigation on behalf of Kingsway Financial Services Inc. (USA) (Public, NYSE:KFS) investors focuses on the following events: On October 19, 2009, Kingsway Financial Services Inc disclosed that it had disposed of its entire interest in Walshire General Insurance Company, the sole shareholder of Lincoln General, by donating 100% of the stock of Walshire General Insurance Company to a number of charity groups.
Facet Biotech Corporation Board Under Investigation - The investigation by la aw firm focuses on potential breaches of fiduciary duty and other violations of state law by the Board of Directors of Facet Biotech arising out of their attempt to sell Facet Biotech Corporation to Abbott.
Rhonda Breard Investors Victims of Fraud - Rhonda Breard, a Kirkland broker, has been under investigation by law firms since millions of her clients' dollars went missing. Breard has built her career on targeting mostly wealthy clients. But Ms. Breard may have converted $8.31 million from more than 20 ING clients for her own personal use and to maintain an extremely lavish lifestyle at the expense of her investors.
Electronic Game Card, Inc. Investors Files Lawsuit Against EGMI - An investor in Electronic Game Card, Inc. (Public, OTC:EGMI) filed a lawsuit in United States District Court for the Central District of California on behalf of all persons who purchased or otherwise acquired securities of Electronic Game Card, Inc. (OTCBB.EGMI) between April 5, 2007 and February 19, 2010.
SouthWest Water Company Board Under Investigation - SouthWest Water Co. attempts to sell SouthWest Water Company (NASDAQ:SWWC) to institutional investors. SouthWest Water Company, located in Los Angeles, California, operates and maintains water and wastewater infrastructure.
Terra Industries Inc. Investor Files Lawsuit Against TRA Board of Directors - A lawsuit has been filed in Iowa State Court on behalf of current investors in Terra Industries Inc. (Public, NYSE:TRA), who purchased their TRA shares before February 15, 2010, over alleged breach of their fiduciary duties.
RiskMetrics Group, Inc. Board Under Shareholder Investigation - On March 10, 2010, RiskMetrics Group, Inc. (NYSE: RISK) and MSCI Inc. (NYSE: MXB) announced that they have entered into a definitive merger agreement whereby MSCI Inc. (“MSCI”) will acquire RiskMetrics Group, Inc. (“RiskMetrics”) in a cash and stock transaction valued at $21.75 per share based on MSCI’s closing price of $29.98 per share on Friday, February 26, 2010.
Smith International, Inc. Investor Files Lawsuit Over Alleged Breach of Fiduciary Duty - On Sunday, February 21, 2010 Smith International, Inc. (NYSE: SII) and Schlumberger Ltd (NYSE: SLB) announced a definitive merger agreement in which the companies would combine in a stock-for-stock transaction under which Smith International, Inc shareholders (SII) will receive 0.6966 shares of Schlumberger Ldt (SLB) in exchange for each Smith International (SII) share or based upon....
Bowne & Co., Inc. Board of Directors Subject of Investigation - According to one investigation by a law firm “the transaction appears to be unfair” to current investors of Bowne & Co., Inc. (NYSE:BNE) because the “offer to purchase Bowne & Co., Inc. (BNE) at a value of $11.50 per share appears opportunistically timed to take advantage of the current economic downturn” and is “grossly unfair, inadequate, and substantially below the fair or inherent value of BNE”.
CKE Restaurants, Inc. Board of Directors Subject of Investigation - According to one investigation by a law firm “the transaction appears to be unfair” to current investors of CKE Restaurants, Inc. (Public, NYSE:CKR) because the offer is “grossly unfair, inadequate, and substantially below the fair or inherent value of CKE”.