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Sunday, May 26, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Directors of Municipal Mortgage Equity inflated share price through false and misleading statements, and share price tumbled from $32.20 to $13.25 when the truth came out, shareholders claim in Baltimore Federal Court.

Directors of Humana inflated share price through false and misleading statements, which when revealed, whacked 50 percent of the company's market capitalization, shareholders claim in Jefferson County Court, Louisville.

Shareholders claim Candela Corp. inflated its share price in 2006 through false and misleading statements, in Boston Federal Court.

Shareholders say directors of Gibraltar Packaging Group are cheating them and enriching themselves in a "freeze-out" offer that will cash out the shareholders at the unfair price of $4.25 per share, in Delaware Chancery Court.

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