Securities Law

Aeropostale, Inc. Investor files Lawsuit over alleged Violations of Securities Laws – PRLog (free press release)

An investor in shares of Aeropostale, Inc. (NYSE: ARO) filed a lawsuit in U.S. District Court for the Southern District of New York against Aeropostale Inc over alleged Violations of Federal Securities Laws. If you purchased shares of Aeropostale, Inc … Continue reading

JinkoSolar Holding Co., Ltd. hit by Investor Lawsuit over alleged Securities Laws Violations – PRLog (free press release)

An investor in shares of JinkoSolar Holding Co., Ltd. (NYSE: JKS) filed a lawsuit in United States District Court for the Southern District of New York against JinkoSolar Holding Co., Ltd. Over alleged Violations of Federal Securities Laws. If you … Continue reading

Madoff Trustee Must Justify ‘Clawbacks’ From Fund’s Customers, Judge Says – Bloomberg

“These arguments implicate the questions about how to integrate the securities and bankruptcy laws,” Rakoff wrote in an order filed in Manhattan federal court yesterday. Under securities law, some withdrawals from a brokerage firm may be …

Ur-Energy Reports Third Quarter 2011 Results – StreetInsider.com

This release may contain “forward-looking statements” within the meaning of applicable securities laws regarding events or conditions that may occur in the future and are based on current expectations that, while considered reasonable by management at this …

TranS1 Inc. under Investor Investigation over possible Violations of Securities Laws – PR Inside

2011-10-26 16:41:52 – An investigation for shareholders of TranS1 Inc. (NASDAQ:TSON) over possible breaches of fiduciary duties was announced and NASDAQ: TSON stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com An …

Countrywide Financial Can’t be Sued by Allstate on Downgrades, Judge Says – Bloomberg

Allstate Corp. (ALL) can’t pursue federal securities law claims against Countrywide Financial Corp, the home lender acquired by Bank of America Corp. (BAC), over $700 million in downgraded residential mortgage-backed securities U.S. District …

U.S. District Court Rules Securities Case Against Oppenheimer Funds Can Proceed – Yahoo Finance

Kane, Jr., of the U.S. District Court, District of Colorado, flatly rejected Defendants’ argument that mutual funds are exempt from liability under the federal securities laws because declines in the value of those funds are caused by corresponding …

SAC Capital Netted $14 Million in Trading Flagged by Regulator – BusinessWeek

The information isn’t an allegation or proof of securities-law violations. SAC Capital, which oversees about $14 billion, hasn’t been accused of any wrongdoing involving the transactions. “Every day our firm transacts in thousands of …

Angkor Gold Corp.: News Release – msnbc.com

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY … Continue reading

Banco Espirito Santo to Pay $7 Million to Resolve SEC Claims – Bloomberg

Banco Espirito Santo SA (BES), Portugal’s biggest publicly traded bank by market value, will pay $7 million to resolve U.S. claims that it violated U.S. securities law in selling brokerage services and investment advice. The Lisbon-based bank …