Past Lawsuits (125)

Powerwave Technologies, Inc. (NASDAQ:PWAV) now positions itself against shareholders’ allegations that the company violated Federal Securities law. The lawsuit that was filed in the United States District Court for the Central District of California, claims legal action that is related to certain financial statements issued and the actions of certain officers and directors of which might indicate a breach of their fiduciary duties to protect the shareholders. The company designs and manufactures wireless solutions for communication networks as well as markets and sells those solutions worldwide.

GenVec, Inc is being taken to court on behalf of anyone who invested in GenVec, Inc. (NASDAQ:GNVC) stock between the dates of March 12, 2009 and March 30, 2010. The lawsuit was filed in the U.S. District Court for the District of Maryland. The plaintiff charges the defendant of having violated Federal Securities Laws by having released certain statements that violated the Securities Exchange Act of 1934.

Science Applications International Corporation (SAIC)(NYSE:SAI), a Fortune 500 company in the field of applied sciences, is under fire from shareholders, with an investor filing a lawsuit in New York alleging the company made statements violating Federal Securities laws over a four-year period. The lawsuit claims that SAIC issued statements that were materially false and misleading in their representations of the future prospects and financial performance of the company, specifically concerning the company's CityTime workforce management system.

On February 29, 2012, a class action lawsuit was filed against CNOOC Limited (NYSE:CEO) over alleged Federal Securities Laws violations with the Southern New York U.S. District court. The lawsuit, on behalf of shareholders who purchased NYSE:CEO ADRs between January 27, 2011 and September 16, 2011, alleges that the company and certain officers were in violation of the Securities Exchange Act of 1934 by making false and misleading statements concerning CNOOC Limited's financial statements and business concerning the northern Bohai Bay oil field Penglai 19-3, resulting in inflated share prices, which, on April 4, 2011, traded at a high of about $270.

A shareholder filed a class-action lawsuit against New Energy Systems Group (NYSE Amex:NEWN) on February 10, 2012, alleging the company violated federal securities laws by failing to disclose various factors negatively affecting its battery business.

A Shareholder Lawsuit claims that officers and directors at Molycorp, Inc. (NTSE: MCP) have broken the Security Exchange Act of 1934. According to the lawsuit, Molycorp issued false information that misled stock purchasers. This lawsuit is currently heading to the U.S. District Court for the District of Colorado as of February 2, 2012.

A lawsuit representing everyone who purchased Weatherford International, Ltd. (NYSE:WFT) common stock between the dates of March 2, 2011 and February 21, 2012 was filed against Weatherford International Ltd in the U.S. District Court for the Southern District of New York. The lawsuit claims that Weatherford International Ltd. made certain statements that violated Federal Securities Laws. The plaintiff asserts that Weatherford International Ltd. and several of their officers and directors violated Section 10(b) and 20(a) of the Securities Exchange act of 1935 and rule 10b-5.

A lawsuit representing investors who bought common stock in CARBO Ceramics, Inc. (NYSE:CRR) between the dates of October 27, 2011 and January 26, 2012 was recently filed against CARBO Ceramics Inc. in the U.S. Court for the Southern District of New York. The lawsuit claims that a number of officers and directors of CARBO Ceramics, Inc. made false and misleading statements between October 27, 2011 and January 26,2012 concerning CARBO Ceramic Inc.'s business as well as prospects which were under violation of the Securities Exchange Act of 1934.

A lawsuit was filed against Dynegy Inc. (NYSE:DYN) in the U.S. District Court for the Southern District of New York on behalf of all persons who purchased Dynegy Inc. stock between September 2, 2011 and March 9, 2012 against. The plaintiff claimed that Dynegy Inc violated the Securities Exchange Act of 1934 and Rule 10b-5 declared there under.

A lawsuit was filed against First Solar, Inc. (NASDAQ:FSLR) on behalf of investors that purchased First Solar, Inc. securities between the dates of April 30, 2008 and February 28, 2012 in the U.S. District Court, District of Arizona. The lawsuit states that First Solar Inc. made false and misleading statements that violated Federal Securities laws.

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