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Sunday, June 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Directors of Atmet Corp. face a shareholder derivative action in Delaware Chancery Court, accusing them of back-dating stock options from 1996 to 2006 and costing the company at least $15 million.

A class of shareholders accuses the directors of Sirf Technology Holdings of selling the company to CSR Bank at an unfairly low price, in Santa Clara County Superior Court.

Highland Financial Capital Group and two of its officers, Sabi Varon and Allan Ovdat, have been accused of selling unregistered securities in Fulton County Superior Court.

Directors of NutraCea artificially inflated the value of company stock by publishing misleading press releases, according to a class action in Arizona Federal Court.

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