Legal Eagle Review

Breach of Fiduciary Duty Investigation Regarding the Reserve Primary Fund Announced

Written by Globe NewsWire
Tuesday, 30 September 2008
Seattle, Washington - Keller Rohrback L.L.P. today announced that it is investigating Reserve Management Company Inc. ("Reserve Management") for potential violations of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). The investigation focuses on retirement plans, including plans for which Reserve Management serves as an Investment Manager or Trustee, that offer the Reserve Primary Fund (the "Primary Fund"), a money market fund, to the participants and beneficiaries of the plans.
Read more...

Underwriter Defendants in Securities Fraud Related to Fannie Mae Offering Charged

Written by GlobeNewsWire
Tuesday, 30 September 2008
New York, New York - Pomerantz Haudek Block Grossman & Gross LLP ("Pomerantz") has filed a class action lawsuit in the United States District Court, Southern District of New York, against J. P. Morgan Securities, Inc. (NYSE:JPM); Lehman Brothers, Inc. (Pink Sheets:LEHMQ); Banc of America Securities LLC (NYSE:BAC); Merrill Lynch, Pierce, Fenner & Smith Incorporated (NYSE:MER); and Goldman Sachs & Co. (NYSE:GS) (collectively, the "Underwriter Defendants");
Read more...

Class Action Lawsuit Against Canadian Imperial Bank of Commerce Announced

Written by Globe News Wire
Monday, 29 September 2008
New York, New York - The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Canadian Imperial Bank of Commerce ("CIBC" or "the Company") (NYSE:CM) common stock during the period between May 31, 2007 and May 28, 2008 (the "Class Period") for violations of federal securities laws.
Read more...

Class Action Lawsuit Against the Spectranetics Corporation Filed

Written by Globenewswire
Monday, 29 September 2008
New York, New York - Labaton Sucharow filed a class action lawsuit on September 25, 2008 in the United States District Court for the District of Delaware, on behalf of all purchasers of the securities of The Spectranetics Corporation ("Spectranetics" or the "Company") (Nasdaq:SPNC) between March 16, 2007 and September 4, 2008, inclusive. The lawsuit was filed against Spectranetics and certain officers and directors ("Defendants").
Read more...

Class Action Lawsuit Against Oshkosh Corporation Announced

Written by Globe newswire
Saturday, 27 September 2008
New York, New York - The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Eastern District of Wisconsin on behalf of purchasers of Oshkosh Corporation ("Oshkosh" or "the Company") (NYSE:OSK) common stock during the period between November 1, 2007 and June 25, 2008 (the "Class Period") for violations of federal securities laws.
Read more...

Meritage Homes Wins Jury Verdict of $111 Million

Written by Globe NewsWire
Saturday, 27 September 2008
Scottsdale, Arizona - Meritage Homes Corporation (NYSE:MTH) a leading U.S. homebuilder, was awarded $111 million yesterday, in a unanimous jury verdict in Federal District Court in Phoenix. Meritage filed the lawsuit on February 24, 2004, against Greg Hancock, a former division president of Meritage Homes. Hancock is the current owner of Phoenix homebuilder Hancock Communities.
Read more...

Power Integrations Patents Ruled Enforceable Against Fairchild

Written by Globe NewsWire
Saturday, 27 September 2008
San Jose, California - Power Integrations today announced that all four patents asserted by the company in its patent-infringement lawsuit against Fairchild Semiconductor have been found enforceable by the Court. Power Integrations was found to have acted properly in the process of applying for and obtaining its patents from the Patent Office and, as a result, the Court rejected Fairchild's claims of inequitable conduct and ruled the patents enforceable.
Read more...