Legal Eagle Review

Class Action Lawsuit Against IndyMac Bancorp, Inc Announced

Written by Prime News Wire
Thursday, 12 June 2008
Hartford, Connecticut - The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Central District of California on behalf of all those who purchased the common stock of IndyMac Bancorp, Inc.
Read more...

Investigation Concerning Losses Suffered by Certain MRV Communications Investors Launched

Written by Prime News Wire
Thursday, 12 June 2008
Denver, Colorado - The law firm of Dyer & Berens LLP announced today that it has initiated an investigation concerning losses suffered by certain MRV Communications, Inc. ("MRV" or the "Company") (Nasdaq:MRVC) investors.
Read more...

Filing of Securities Class Action Against NexCen Brands Announced

Written by Prime News Wire
Wednesday, 11 June 2008
New Brighton, Minnesota - Charles H. Johnson & Associates announces that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of NexCen Brands, Inc. ("NexCen" or the "Company") (Nasdaq:NEXC) publicly traded securities during the period May 10, 2007 through May 19, 2008 (the "Class Period").
Read more...

Class Action Complaint Against Wachovia for ERISA Violations Announced

Written by primenewswire
Wednesday, 11 June 2008
Philadelphia, Pennsylvania - The law firm of Spector Roseman & Kodroff, P.C. has filed a class action complaint against Wachovia Corporation (NYSE:WB) and various officers and administrators, alleging violations of the Employee Retirement Income Security Act ("ERISA") in the handling of investments in the Wachovia Savings Plan.
Read more...

Investigation of CompuCredit for Possible Securities Law Violations Announced

Written by PrimeNewsWire
Tuesday, 10 June 2008
New York, New York - Roy Jacobs & Associates announces that it is investigating possible securities and other legal violations regarding a recent announcement regarding CompuCredit Corp. ("CompuCredit" or the "Company") (Nasdaq:CCRT) wherein the Federal Trade Commission and the Federal Deposit Insurance Corporation are filing charges against CompuCredit and are seeking fines and the payment of very substantial restitution from CompuCredit for having used deceptive marketing tactics and abusive debt collection practices in its business.
Read more...

American International Group Retirement Accounts Reeling After Historic Losses

Written by Prime News Wire
Tuesday, 10 June 2008
New York, New York - A month after American International Group, Inc. (AIG) announced a record quarterly net loss of close to $8 million, AIG's employees and investors continue to face significant losses and uncertainty. On Friday, AIG shares continued their now year-long slide to close at a new low of $33.93 per share. The market price of AIG shares has declined $38.68 per share since June 19 of last year, or 53.27%.
Read more...

Class Action Lawsuit Against Franklin Bank Corp Announced

Written by prime news wire
Tuesday, 10 June 2008
Hartford, Connecticut - The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of Texas on behalf of all those who purchased the common or preferred stock of Franklin Bank Corp.
Read more...