Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of all persons or entities who purchased or otherwise acquired the common stock of Groupon, Inc. pursuant and/or traceable to the allegedly false and misleading Registration Statement and Prospectus issued in connection with Groupon’s November 4, 2011 initial public offering, including purchasers of Groupon common stock between February 8, 2012 and March 30, 2012.
Groupon operates an e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount in North America and internationally. The Complaint alleges that defendants misrepresented or failed to disclose that: (a) the Company materially understated refund reserves for fourth quarter 2011 due to a failure to properly account for coupon refunds; (b) as a result, the Company materially misstated its previously reported fourth-quarter and full-year 2011 financial results; and (c), the Company lacked adequate internal and financial controls.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Groupon common stock pursuant or traceable to the Company’s November 4, 2011 initial public offering, and/or during the Class Period described above, you have certain rights, and have until June 4, 2012 to move for lead plaintiff status. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent class member.
www.glancylaw.com
Thursday, May 10, 2012
Sunday, April 8, 2012
Federman & Sherwood Announces Securities Class Action
A class action lawsuit was filed in the United States District Court for the Southern District of New York against Swisher Hygiene Inc. The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is May 16, 2011 through March 28, 2012.
Plaintiff seeks to recover damages on behalf of all Swisher Hygiene Inc. shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above. You may move the Court no later than Tuesday, May 29, 2012 to serve as a lead plaintiff for the entire Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, obtain further information and participate in this or any other securities litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact www.federmanlaw.com
Plaintiff seeks to recover damages on behalf of all Swisher Hygiene Inc. shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above. You may move the Court no later than Tuesday, May 29, 2012 to serve as a lead plaintiff for the entire Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, obtain further information and participate in this or any other securities litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact www.federmanlaw.com
Tuesday, March 13, 2012
Indianapolis Business & Corporate Law Firm
Entity Selection & Formation
There are many important decisions to be made by an emerging business, each of which come with potential pitfalls that be damaging to the business and its owners in the absence of proper legal guidance. Our attorneys can help you with these issues, steering you clear of the problems while helping you select the type of entity which best serves your business interests and goals. From drafting the formation documents to stock issuance to agreements between co-owners, our Firm’s skilled business attorneys can help you establish a solid legal foundation for your business’s future.
Contract Drafting & Negotiation
Beyond the formation of business entities, our Firm acts as a corporate counsel for many of its business clients, including the negotiation, drafting and review of our client’s contracts, ranging in size from a few thousand dollars to millions of dollars. With just a few hours’ time, our review of contracts before they are signed can help our clients avoid paying for hundreds of hours of attorney time in litigation once a contract dispute arises.
Riley Bennett & Egloff Law is a Business & Corporate law firm that offers an all-inclusive range of legal services for their business clients and is capable of handling the various issues any business can face. Based in Indianapolis, their attorneys have expertise in entity selection and formation, contract drafting and negotiation, and mergers and acquisitions. Their experience can help you establish a solid legal foundation for your business's future. See www.rbelaw.com.
There are many important decisions to be made by an emerging business, each of which come with potential pitfalls that be damaging to the business and its owners in the absence of proper legal guidance. Our attorneys can help you with these issues, steering you clear of the problems while helping you select the type of entity which best serves your business interests and goals. From drafting the formation documents to stock issuance to agreements between co-owners, our Firm’s skilled business attorneys can help you establish a solid legal foundation for your business’s future.
Contract Drafting & Negotiation
Beyond the formation of business entities, our Firm acts as a corporate counsel for many of its business clients, including the negotiation, drafting and review of our client’s contracts, ranging in size from a few thousand dollars to millions of dollars. With just a few hours’ time, our review of contracts before they are signed can help our clients avoid paying for hundreds of hours of attorney time in litigation once a contract dispute arises.
Riley Bennett & Egloff Law is a Business & Corporate law firm that offers an all-inclusive range of legal services for their business clients and is capable of handling the various issues any business can face. Based in Indianapolis, their attorneys have expertise in entity selection and formation, contract drafting and negotiation, and mergers and acquisitions. Their experience can help you establish a solid legal foundation for your business's future. See www.rbelaw.com.
Costner sculpture dispute heads to SD high court
The South Dakota Supreme Court will hear a case involving Hollywood
actor Kevin Costner and some bronze sculptures of bison and American
Indians.
Justices will review a judge's decision last summer that Costner did not breach a contract with South Dakota artist Peggy Detmers by placing the sculptures at his Tatanka attraction near Deadwood in 2006. Detmers challenged the ruling, and oral arguments are set for March 19 in Vermillion, the Rapid City Journal reported.
Costner filmed much of his Academy-Award-winning movie "Dances with Wolves" in South Dakota. He commissioned the sculptures in the early 1990s for his planned Dunbar resort in South Dakota's Black Hills that still has not been built.
Costner paid Detmers $300,000 for the 17 sculptures. Detmers said she spent more than six years creating the artwork and gave Costner a price break because she anticipated selling smaller sculptures at the resort.
Circuit Judge Randall Macy ruled last July that Detmers indicated her approval of the Tatanka location by participating in the development of the site, the placing of the sculptures there and the opening ceremony. The Tatanka site houses the sculptures and a visitor center.
Justices will review a judge's decision last summer that Costner did not breach a contract with South Dakota artist Peggy Detmers by placing the sculptures at his Tatanka attraction near Deadwood in 2006. Detmers challenged the ruling, and oral arguments are set for March 19 in Vermillion, the Rapid City Journal reported.
Costner filmed much of his Academy-Award-winning movie "Dances with Wolves" in South Dakota. He commissioned the sculptures in the early 1990s for his planned Dunbar resort in South Dakota's Black Hills that still has not been built.
Costner paid Detmers $300,000 for the 17 sculptures. Detmers said she spent more than six years creating the artwork and gave Costner a price break because she anticipated selling smaller sculptures at the resort.
Circuit Judge Randall Macy ruled last July that Detmers indicated her approval of the Tatanka location by participating in the development of the site, the placing of the sculptures there and the opening ceremony. The Tatanka site houses the sculptures and a visitor center.
Wednesday, February 22, 2012
Trial law firm launches tire defects Web site
The plaintiffs’ product liability law firm of Greene Broillet &
Wheeler has launched a Web site designed specifically to give consumers
an overview of alleged tire defects and tire safety issues.
The Web site, tire-defect-law, includes sections on tire anatomy, tire tread separation, aged tires, valve stem defects, Load Range E tires, tire informational markings and tire recalls. It also includes a list of tire-related cases Greene Broillet & Wheeler either won in court or for which it negotiated settlements.
Greene Broillet & Wheeler claims to have conducted successful product liability litigations against most major tire makers. Christine D. Spagnoli, a partner in the firm, is plaintiffs’ liaison counsel for all product liability suits against Cooper Tire & Rubber Co. in California, according to a press release.
“Unfortunately, tire manufacturers and sellers don’t provide adequate warning or instruction to protect consumers and warn them of tire-related dangers,” Ms. Spagnoli said, explaining why the firm decided to establish a tire defects Web site.
Interesting topic, right? I have read several articles from recent years dealing with product liability issues concerning defective tires and safety issues. It is great that Greene Broillet & Wheeler has launched their web site to inform their consumers.
The Web site, tire-defect-law, includes sections on tire anatomy, tire tread separation, aged tires, valve stem defects, Load Range E tires, tire informational markings and tire recalls. It also includes a list of tire-related cases Greene Broillet & Wheeler either won in court or for which it negotiated settlements.
Greene Broillet & Wheeler claims to have conducted successful product liability litigations against most major tire makers. Christine D. Spagnoli, a partner in the firm, is plaintiffs’ liaison counsel for all product liability suits against Cooper Tire & Rubber Co. in California, according to a press release.
“Unfortunately, tire manufacturers and sellers don’t provide adequate warning or instruction to protect consumers and warn them of tire-related dangers,” Ms. Spagnoli said, explaining why the firm decided to establish a tire defects Web site.
Interesting topic, right? I have read several articles from recent years dealing with product liability issues concerning defective tires and safety issues. It is great that Greene Broillet & Wheeler has launched their web site to inform their consumers.
Littler Mendelson Expands National Litigation Presence
Littler Mendelson, P.C. (Littler), the nation's largest employment
and labor law firm representing management, is pleased to announce the
addition of Margaret A. ("Maggie") Clemens, a Rochester-based,
nationally recognized ERISA litigator. Ms. Clemens recently joined
Littler to open its 49th office in Rochester, New York.
Clemens is a much sought-after trial attorney with significant experience in ERISA and employment litigation - with a specialization in trial and appellate work. She has worked with some of the nation`s largest employers and has counseled clients in a variety of industries, including: manufacturing, communications, health care, higher education, and echnology and defense. Clemens joins Littler from the Rochester office of Nixon Peabody LLP, where she was a partner and the chair of that firm`s ERISA litigation practice group.
"We are thrilled that Maggie has decided to join the Littler team. Her depth of knowledge and experience working with Fortune 100 companies and counseling clients on their complex ERISA and employment litigation needs will strengthen Littler`s presence in the Northeast," said Marko Mrkonich, president and managing director of the Firm.
Clemens is a much sought-after trial attorney with significant experience in ERISA and employment litigation - with a specialization in trial and appellate work. She has worked with some of the nation`s largest employers and has counseled clients in a variety of industries, including: manufacturing, communications, health care, higher education, and echnology and defense. Clemens joins Littler from the Rochester office of Nixon Peabody LLP, where she was a partner and the chair of that firm`s ERISA litigation practice group.
"We are thrilled that Maggie has decided to join the Littler team. Her depth of knowledge and experience working with Fortune 100 companies and counseling clients on their complex ERISA and employment litigation needs will strengthen Littler`s presence in the Northeast," said Marko Mrkonich, president and managing director of the Firm.
Foley & Lardner law firm gets $208M NIH contract
The Milwaukee-based office of Foley & Lardner LLP says the law
firm has received a $208 million contract from the National Institutes
of Health.
Foley says the contract calls for it to provide intellectual-property services for up to 10 years.
The law firm says it will begin performing work this month on issues related to biotechnology patents, as well as to patents for mechanical, electrical and software technology.
The firm says lawyers in its Boston, San Diego, Madison and Washington, D.C. offices will work on the contract. Its intellectual-property practice has nearly 240 attorneys.
The NIH is the primary federal agency for conducting and supporting medical research.
Foley says the contract calls for it to provide intellectual-property services for up to 10 years.
The law firm says it will begin performing work this month on issues related to biotechnology patents, as well as to patents for mechanical, electrical and software technology.
The firm says lawyers in its Boston, San Diego, Madison and Washington, D.C. offices will work on the contract. Its intellectual-property practice has nearly 240 attorneys.
The NIH is the primary federal agency for conducting and supporting medical research.
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