Shareholder Class Action

     Directors of California Micro Devices are selling the company too cheaply to ON Semiconductor and Pac-10 Acquisition, for $4.70 a share of $108 million, shareholders say in Santa Clara County Court, Calif.

     QuadraMed is selling itself too cheaply to Bavaria Holdings, for $8.50 a share of $126 million, shareholders claim in Delaware Chancery Court.
     Directors of SunPower Corp. overstated the company’s earnings by at least $15 million, shareholders claim in San Francisco Federal Court.
     NightHawk Radiology Holdings inflated its share price through false and misleading statements, shareholders claim in Boise Federal Court.

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