Shareholder Class Action

     Shareholders of Nationwide Financial Services object to Nationwide Mutual Insurance Co.’s purchase of all outstanding shares at the “opportunistic” price of $47.20 a share, in Delaware Chancery Court.

     Directors of Screen Innovations looted the company and transferred the pelf to a dummy corporation, U.S. Screen Corp., shareholders claim in a derivative lawsuit Travis County Court, Austin.
     Countrywide Financial and its CEO Angelo Mozilo juggled the books to induce employees to buy Countryside stock, the employee-shareholders claim in a class action in Los Angeles Superior Court.
     Shareholders claim iStar Financial defrauded them by inflating share price through false and misleading statements, in Manhattan Federal Court.

%d bloggers like this: