Legal Digest -Pomerantz Law Firm Has Filed a Class Action
Law News
Today's Legal News Bookmark This Website
Pomerantz Law Firm Has Filed a Class Action
Headline Legal News | 2011/11/10 09:43
Pomerantz Haudek Grossman amp; Gross LLP has filed a class action lawsuit against Diamond Foods, Inc. and certain of its officers. The class action (CV 11 5399 RS) filed in the United States District Court, Northern District of California, is on behalf of all persons or entities who purchased or otherwise acquired the securities of Diamond during the period from December 9, 2010 through and including November 4, 2011 (the Class Period), seeking to pursue remedies under the Securities Exchange Act of 1934 (the Exchange Act). This class action is brought under Sections 10(b) and 20(a) of the Exchange Act, 15 U.S.C. Sections 78j(b) and 78t(a); and SEC Rule 10b-5 promulgated thereunder by the SEC, 17 C.F.R. Section 240.10b-5.

If you are a shareholder who purchased DMND securities during the Class Period, you have until January 6, 2012 to ask the Court to appoint you as lead plaintiff for the class. A copy of the complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Rachelle R. Boyle at rrboyle@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, x350. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.

The Complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose that: (1) the Company overstated its earnings by improperly accounting for certain crop payments to walnut growers; (2) the Company's acquisition of Pringles snack business would be delayed; (3) that the Company lacked adequate internal and financial controls; and (4) that, as a result of the foregoing, the Company's financial results were materially false and misleading at all relevant times.

The Pomerantz Firm, with offices in New York, Chicago and Washington, D.C., is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.


[PREV] [1] ..[1777][1778][1779][1780][1781][1782][1783][1784][1785].. [2625] [NEXT]
All
Legal News Digest
Law Firm News
Legal Career News
Headline Legal News
Lawyer Blog Updates
Legal Business
Law News
Court Press News
Legal Interview
Legal World News
Press Release
Legal Opinions
Law Firm Marketing
Legal & Political
Law School News
US immigration officials look to exp..
Trump asks supreme court to halt rul..
Turkish court orders key Erdogan riv..
Trump administration says South Afri..
Austria’s new government is stoppin..
Mexico says it will impose retaliato..
Trump signs order designating Englis..
Trump administration says it’s cutt..
Defense secretary defends Pentagon f..
Musk gives all federal workers 48 ho..
Steve Bannon pleads guilty and avoid..
Officers plead guilty in DWI police ..
Trump signs order imposing sanctions..
A federal judge temporarily blocks T..
Trump suspends US foreign assistance..
Man accused of stalking Caitlin Clar..
Florida Attorney General Ashley Mood..
Prominent human rights attorney quit..
TikTok’s fate arrives at Supreme Co..
Trump asks the Supreme Court to bloc..


   Lawyer & Law Firm Links
Oregon DUI Law Attorney
Eugene DUI Lawyer. Criminal Defense Law
www.mjmlawoffice.com
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
 
 
© Legal News Digest. All rights reserved.

Disclaimer: The content contained on the web site has been prepared by Legal News Media as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Blog postings and hosted comments are available for general educational purposes only and should not be used to assess a specific legal situation. | Criminal Defense Attorney Web Design by Law Promo