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Teavana Holdings Inc.
Teavana Holdings Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders of Teavana Holdings Inc in connection with the merger. The following is a summary of the proceedings in the lawsuit: ‘On November 14, 2012, Teavana announced that it had entered into an Agreement and Plan of Merger with Starbucks, which provided for...
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Thomas Properties Group, Inc.
Thomas Properties Group, Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in this lawsuit: ‘On September 5, 2013, TPGI and Parkway announced that they had entered into an Agreement, and Plan of Merger, pursuant to which TPGI would merge with and into Parkway, with...
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Gerova Financial Group Ltd
Gerova Financial Group Ltd Securities Settlement The lawsuit was settled for $1.372 million in cash. The following is a summary of the proceedings in this lawsuit: ‘This Action alleges violations of the Federal Securities Laws (specifically Sections 10(b) and 20(a) of the Exchange Act (15 U.S.C. §78j(b) and 78(t)(a)) and Rule 10b-5 promulgated thereunder (17 C.F.R. §240.10b-5) against...
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UniTek Global Services, Inc.
UniTek Global Services, Inc. Securities Settlement The lawsuit was settled for $1.55 million in cash. The following is a summary of the proceedings in this lawsuit: ‘The case concerns claims brought by investors alleging that the price of UniTek common stock was artificially inflated during the Class Period as a result of alleged false and misleading statements and omissions by...
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Massey Energy Co.
Massey Energy Co. Securities Settlement The lawsuit was settled for $265 million in cash. The following is a summary of the proceedings in the lawsuit: ‘This Action was commenced in April of 2010 by the filing of two complaints alleging that Defendants violated the federal securities laws. Both of those separate actions were consolidated into this Action by Order dated January 10, 2011. By...
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