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Ambac Financial Group Securities Litigation
Kaplan Fox is court appointed co-lead counsel on behalf of Plaintiffs, the Public School Teachers’ Pension and Retirement Fund of Chicago, the Arkansas Teachers Retirement System, and the Public Employees’ Retirement Systems of Mississippi, and Painting Industry Insurance and Annuity Funds, in the case against Ambac Financial Group, Inc. (“Ambac”)...
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Arena Pharmaceuticals, Inc. Securities Litigation
By Order dated August 8, 2011 Judge Barry Ted Moskowitz of the United States District Court for the Southern District of California approved of the appointment of Kaplan Fox & Kilsheimer LLP to serve as lead counsel in this securities class action. The action was brought on behalf of purchasers of securities of Arena Pharmaceuticals, Inc...
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Bank of America Securities Litigation
Kaplan Fox is court appointed co-lead counsel in the case against Bank of America. The State Teachers Retirement System of Ohio, The Ohio Public Employees Retirement System, The Teacher Retirement System of Texas, Stichting Pensioenfonds Zorg en Welzijn, represented by PGGM Vermogensbeheer B.V., and Fjärde AP-Fonden are Court-appointed Co-Lead Plaintiffs...
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Countrywide Financial Corporation Securities Litigation
Plaintiffs generally allege, among other matters, that Defendants violated securities laws by making false and misleading statements concerning Countrywide’s business as an issuer of residential mortgages...
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Credit Suisse-AOL Securities Litigation
Plaintiffs allege that Defendants’ AOL reports publicly touted the stock, depicting the company as rising above the withering advertising downturn and “achieving huge share gains” in the ad market, despite their true beliefs that the company was in precarious financial condition and would miss Defendants’ public projections.
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Fannie Mae Securities Litigation
Kaplan Fox is the court-appointed co-lead counsel in the case against Federal National Mortgage Association (“Fannie Mae” or “Fannie”). The Massachusetts Pension Reserves Investment Management Board, the Boston Retirement Board, and the Tennessee Consolidated Retirement System are the court-appointed co-lead plaintiffs in this securities fraud action arising out of the financial collapse of Fannie Mae.
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Harris Stratex Networks, Inc.
Kaplan Fox serves as counsel for plaintiffs in the case against Harris Stratex Networks, Inc. ("Harris Stratex" or the "Company"). Plaintiffs generally allege that the Company issued materially false and misleading statements about its financial condition prior to and following its formation in early 2007 through the merger between the Microwave Communications Division of Harris Corporation and Stratex Networks, Inc.
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Immucor Securities Litigation
On April 2, 2010, Lead Plaintiff filed the Consolidated Amended Class Action Complaint (the “CAC”). The gravamen of the CAC is that throughout the Class Period, Immucor and certain of its officers violated the federal securities laws by making a series of materially false and misleading statements.
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Sequenom Securities Litigation
On April 29, 2009, after the close of trading, Sequenom disclosed that the expected launch of its T-21 test would be delayed and that the Company’s prior positive statements about the data and tests, including statements that the test was nearly 100% accurate in identifying Down syndrome, were no longer reliable...
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SunPower Securities Litigation
On May 28, 2010, Lead Plaintiffs filed the Consolidated Complaint for violation of the federal securities laws (“Complaint”). Plaintiffs assert claims against SunPower and certain individuals, including its Chief Executive Officer (Thomas H. Werner) and its Chief Financial Officer (Dennis V. Arriola)...
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