Shareholder Class Actions

     In another fallout from the subprime mortgage fiasco, shareholders accuse directors of RAIT Financial Trust of gross mismanagement, unjust enrichment, waste of corporate assets and hiding the company’s troubled financial condition, in Philadelphia state court.

     
     Shareholders sued Level3 Communications in Denver Federal Court.
     
     APAC Customer Services is selling itself too cheaply to Tresar Holdings, Shareholders claim in Lake County Court, Ill.

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