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This page contains the list of the case investigations. You may also access case investigations under their respective company names by visiting the Company Search. All information relating to a company including , cases, case investigations, news and press, can be found on the companies overview page.
Company Affected Securities Title Date Posted
RCN Corporation NASDAQ: RCNI RCN Corporation Board of Directors Under Investigation March 10, 2010
infoGROUP NASDAQ: IUSA infoGROUP, Inc. Board Under Investigation March 10, 2010
Facet Biotech Corporation NASDAQ: FACT Facet Biotech Corporation Board Under Investigation March 9, 2010
St. Jude Medical NYSE: STJ St. Jude Medical, Inc. under Investigation March 9, 2010
Pride International NYSE: PDE Pride International, Inc. Under Shareholder Investigation Over Alleged Corruption Practices March 9, 2010
UCBH Holdings NASDAQ: UCBH UCBH Holdings, Inc. 8.50% Non-Cumulative Perpetual Convertible Series B Investors Investigation March 9, 2010
Kingsway Financial Services NYSE: KFS Kingsway Financial Services Inc. (USA) under Shareholder Investigation March 9, 2010
Breard & Associates Rhonda Breard Investors Victims of Fraud March 8, 2010
SouthWest Water Company NASDAQ: SWWC SouthWest Water Company Board Under Investigation March 4, 2010
RiskMetrics Group NYSE: RISK RiskMetrics Group, Inc. Board Under Shareholder Investigation March 1, 2010
Bowne & Co NYSE: BNE Bowne & Co., Inc. Board of Directors Subject of Investigation March 1, 2010
CKE Restaurants NYSE: CKR CKE Restaurants, Inc. Board of Directors Subject of Investigation March 1, 2010
Allegheny Energy NYSE: AYE Allegheny Energy, Inc. Board Under Investigation Over Breach of Fiduciary Duty February 22, 2010
First Solar NASDAQ: FSLR First Solar, Inc. Under Investigation Concerning Possible Accounting Irregularities February 22, 2010
DSP Group NASDAQ: DSPG DSP Group, Inc. Investor Alert: Investigation Concerning Stock Option Backdating February 22, 2010
Athenahealth NASDAQ: ATHN Athenahealth, Inc Under Investigation Over Accounting Irregularities February 22, 2010
Suntech Power Holdings NYSE: STP Suntech Power Holdings Co., Ltd. (ADR) Investor Alert: Investigation Concerning Possible Accounting Irregularities February 22, 2010
Stryker Corporation NYSE: SYK Stryker Corporation Former Employee Investigation February 22, 2010
SkillSoft NASDAQ: SKIL SkillSoft Public Limited Company Board Under Investigation Over Breach of Fiduciary Duty February 22, 2010
SUPERVALU NYSE: SVU SUPERVALU INC. Former Employee Alert: ERISA Investigation February 22, 2010
Home Diagnostics NASDAQ: HDIX Home Diagnostics, Inc. Board Under Investigation Over Nipro Corporation Offer February 16, 2010
Terra Industries NYSE: TRA Terra Industries Inc. Board Subject to Investigation After Accepting the Yara International ASA Takeover Offer February 16, 2010
Kohlberg Capital NASDAQ: KCAP Kohlberg Capital Corp. Long Term Investor Alert: Investigation February 16, 2010
MetroPCS Communications NYSE: PCS MetroPCS Communications, Inc. Long Term Shareholder Alert: Investigation February 16, 2010
Stryker Corporation NYSE: SYK Stryker Corporation Long Term Investor Alert: Investigation February 16, 2010
COMSYS IT Partners NASDAQ: CITP COMSYS IT Partners, Inc. Investor Alert: Board Under Investigation February 5, 2010
Amicas NASDAQ: AMCS Amicas, Inc. Investor Alert: Board under Investigation February 3, 2010
Advanta Advanta Corp. Investment Notes and RediReserve Variable Rate Certificates Under Investigation February 3, 2010
Brink's Home Security Holdings NYSE: CFL Brink's Home Security Holdings, Inc board under investigation February 2, 2010
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”.