Experience, Determination and Results. Nothing Less!
Statman, Harris & Eyrich, LLC is committed to providing a full range of professional legal services to businesses and individuals in the Chicago, Cincinnati, and Dayton communities. Our firm is made up of the most experienced and results driven attorneys that work hard to deliver successful outcomes for you or your business. Our firm was founded in 2001 through a combination of two well-known law firms, Statman, Harris & Bardach LLC and Kepley, Gilligan & Eyrich LLC. Our goal is to utilize our wealth of resources and experience of our partners to provide turn-key legal solutions for all of our clients needs.
SH&E, LLC. is pleased to announce its sponsorship of ReelAbilities: NY Disabilities Film Festival. This festival is dedicated to promoting awareness and appreciation of the lives, stories and artistic expressions of people with different disabilities. The festival presents award-winning films, accompanied by discussions and other engaging programs, which bring together the community to explore, discuss and celebrate the diversity of our shared human experience.
The festival is underwritten by the Saul Schottenstein Foundation B, of which Jeff Harris is a Board Member. The Foundation funds programs in the areas of the Arts, Disabilities and those that promote the Acceptance of all People. For further information please visit JointheJ.org/REELABILITIES.
The law firm of Statman, Harris & Eyrich, LLC announces an investigation on behalf of customers of lenders such as Wells Fargo, Bank of America, and Citibank in connection with the practices of lenders related to overcharging customers for high-priced force-placed insurance policies when lower-priced insurance with the same or better coverage is available to the lender.
Specifically, the investigation focuses on lenders who purchase high-priced force-placed insurance policies when lower-priced insurance is available, which may include alleged situations in which it maximizes the lender’s profits through self-dealing to the detriment of the customers. If you have a mortgage, automobile, or other collateral-backed loan from Wells Fargo, Bank of America, Citibank, or another lender that required the maintenance of insurance coverage and the insurance coverage lapsed and was subsequently replaced by high-priced force-placed insurance obtained by the lender and costing more than existing insurance, you may have been unjustly charged and entitled to a refund. If you wish to discuss with an attorney, at no cost to you, the fees you were charged for force-placed insurance in connection with your mortgage or other collateral-backed loan, please contact Jeffrey P. Harris, Esq. at (513) 345-8181 or via e-mail at
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for further information without any obligation or cost to you.
Statman, Harris & Eyrich, LLC, which has significant experience in complex litigation, including consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Saratoga, Florida. www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The law firm of SH&E, LLC, which has significant experience in class actions, announced today that it is investigating Gerova Financial Corp. ("Gerova" or the "Company") (NYSE: GFC) for potential violations of state and federal law. Gerova operates as a property and casualty insurance and reinsurance company in Barbados, focusing primarily on life and annuity reinsurance.
The firm's investigation was triggered on January 18, 2011, when the Company announced that it had retainedthe services of the intelligence company Kroll to investigate a recent report issued by Dalrymple Financial LLC that characterized Gerova as a "shell game" and stated that the Company "has many hallmarks of a classic fraud."As a result of the Company's announcement, Gerova stock fell $2.98, or 11%, to close at $24.32 on January 18, 2011.
Later, on February 10, 2011, Gerova announced that four board members and the Company's president had resigned and that Dennis Pelino would be appointed president and CEO.However, Mr. Pelino withdrew his name fromconsideration five days later on February 15, 2011.As a result of this news, Gerova shares fell$9.31, or 60%, to close at $6.39 on February 16, 2011.
On February 23, 2011, the New York Stock Exchange halted trading in shares of Gerova stock "pending theCompany's disclosure of additional information relative to its operations, management restructuring and business plans."
Shareholders who purchased Gerova stock between January 11, 2010 and February 23, 2011 may have a claim against the Company and are encouraged to contact attorney Jeffrey P. Harris at (513) 621-2666, or
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for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT: Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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The law firm of SH&E, LLC, which has extensive experience in class action litigation, announced today that it is investigating certain officers and the Board of Directors of Zoo Entertainment, Inc. (NASDAQ: ZOOG) (the “Company”) for potential violations of state and federal securities laws, on behalf of investors who purchased shares in the Company during the period May 17, 2010 through April 15, 2011.
In a complaint recently filed in the Southern District of Ohio, Zoo Entertainment and certain of its officers and directors are alleged to have made materially false and misleading statements or failed to disclose material information related to the Company’s business and operations in violation of the Securities Exchange Act of 1934. These actions allegedly caused Zoo Entertainment to report financial results that overstated shareholder equity by over $250,000 and inflated both net income and diluted net income per common share by 660% and 900% respectively. On April 15, 2011, the Company disclosed in its 8-K filing that it had erred “in recording certain transactions in the company’s previously filed unaudited consolidated financial statements” for quarters ended March 31, 2010, June 30, 2010, and September 30, 2010, and that investors should not rely on those financial statements. As a result of this news, shares of common stock in the Company fell 34.3% from $4.40 per share on April 15, 2011 to close at $2.89 on April 18, 2011.
Shareholders who purchased Zoo Entertainment, Inc. stock between May 17, 2010 and April 15, 2011 may have a claim and are encouraged to contact Jeffrey P. Harris, Esq. at 513-345-8181 or email
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for more information without any cost or obligation to you.
SH&E, LLC. has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT: Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The law firm of SH&E, LLC, which has significant experience in class actions, announced today that a class action has been filed against Almost Family Inc. (“Almost Family” or the “Company”) (NASDAQ: AFAM) for potential violations of state and federal law. The class action was filed on behalf of purchasers of stock during the period of November 4, 2009 – June 30, 2010 (the "Class Period").
Almost Family, together with its subsidiaries, provides home health services in the United States, operating through two segments, Visiting Nurse and Personal Care. The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company's operations and its business and financial results and outlook. Defendants misled investors by failing to disclose that: (i) the Company was deliberately increasing the number of unnecessary home therapy visits in order to receive increased Medicare reimbursements; and (ii) as a result of defendants' conduct, the Company's reported sales and earnings were materially inflated. As a direct result of defendants' false statements, Almost Family's common stock traded at artificially inflated prices during the Class Period, reaching a high of $43.96 per shares on April 29, 2010. On April 26, 2010, the Wall Street Journal (“WSJ”) reported that certain home health providers intentionally increased the number of in-home therapy visits to patients to coincide with higher reimbursement rates through Medicare. According to the WSJ article, the percentage of Almost Family patients receiving 10 visits dropped by 39% from 2007 to 2008, when the 10 visit reimbursement bonus was eliminated from Medicare in January 2008.
As a result of the WSJ article, the Company has come under intense scrutiny, including an inquiry by the United States Senate Finance Committee. On July 1, 2010, Almost Family announced that it had been notified that the Securities and Exchange Commission (“SEC”) had launched a formal investigation of the Company. Almost Family also announced that it had received a subpoena from the SEC seeking documents related to the Company’s “home health care services and operations, including reimbursements under the Medicare home health prospective payment system, since January 1, 2000.” As a result of this negative news, Almost Family's common stock fell $3.88 per share or 11.11%, on July 1, 2010, on high volume. If you purchased shares of Almost Family during the Class Period, you have until October 4, 2010 to ask the Court to appoint you as lead plaintiff for the class.
If you would like more information about your shareholder rights, contact Jeffrey P. Harris for further information without any obligation or cost to you at (513) 621-2666, or by email at
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.
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181, Ext. 3095
E-mail:
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CINCINNATI, April 16, 2010 - ATTORNEY ADVERTISING – SH&E, LLC and Keller Rohrback L.L.P. (www.krclassaction.com) announce that a class action is proceeding on behalf of a class of all persons who purchased Fuqi International, Inc. ("Fuqi") (Nasdaq:FUQI) common stock or other publicly traded securities between May 15, 2009 and March 16, 2010 (the "Class Period"). Fuqi, based in Shenzhen, China, designs, produces, and sells precious metal jewelry.
The complaint, which was filed in the United States District Court for the Southern District of New York against Fuqi and certain of its officers and directors for violations of the Securities Exchange Act of 1934, alleges that during the Class Period, Defendants violated federal securities laws by making materially false and misleading statements regarding the Company's financial position. Specifically, Defendants are alleged to have falsified Fuqi's financial statements for the first three quarters of 2009 by understating the cost of sales for the period and by overstating gross profit, net income, and earnings per share, making it impossible for shareholders to gain a meaningful or realistic understanding of the Company's true financial position. Plaintiffs further allege that, as a result of Fuqi's materially false and misleading statements, Fuqi stock traded at artificially inflated prices during the Class Period, reaching a high of $31.86 on September 15, 2009. On March 16, 2010, after the close of trading, Fuqi disclosed that its financial statements for the quarters ending March 31, June 30, and September 30, 2009 should no longer be relied upon "due to an error in the accounting of inventory and cost of sales."
On March 16, 2010, after the close of trading, Fuqi disclosed that its previously issued financial statements for the first three quarters of 2009 should no longer be relied upon "due to an error in the accounting of inventory and cost of sales" and that the company would delay filing its Annual Report on Form 10-K. Fuqi warned that "the result of the accounting errors are expected to have a material impact on the previously issued quarterly financial statements for the first three quarters of 2009." In addition, Fuqi lowered its earnings guidance for the 2009 fourth quarter from $0.55-$0.60 per share to $0.24- $0.28 per share. On this news, the price of Fuqi common stock plummeted $7.10 per share, or more than 37%, to close at $11.90 per share on March 17, 2010, on unusually high trading volume.
If you purchased Fuqi common stock or other publicly traded securities during the Class Period, you may, no later than May 18, 2010, request that the Court appoint you as lead plaintiff.
A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff.
If you wish to discuss this action or have any questions, please contact any member of our team: (1) SH&E, LLC, at 3700 Carew Tower, 441 Vine Street, Cincinnati, OH 45202, by telephone (513) 621-2666 for attorney Jeffrey P. Harris or by email at
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or (2) Keller Rohrback L.L.P., at 1201 Third Avenue, Seattle, Washington 98101, by telephone, toll-free at (800) 776-6044 (paralegal Bob McFadden or attorneys Juli E. Farris or Beth Leland), via e-mail at
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, or online at www.krclassaction.com . All e-mail correspondence should make reference to the FUQI Securities Litigation.
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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CINCINNATI, April 22, 2010 – ATTORNEY ADVERTISING - The class action law firm SH&E, LLC (“Statman Harris”) has commenced an investigation into possible breaches of contract and consumer protection laws by PETCO.
Statman Harris is investigating consumer complaints about the PETCO’s PETCO PALS “Buy Ten Get One Free” Program (the “Program”). PETCO claims that under the Program, once a PETCO PALS member has purchased ten bags of cat or dog food within a twelve month period, PETCO would send the member a Free Food coupon valid for one free bag of cat or dog food at any PETCO store. However, PETCO PALS members have complained that, among other problems, despite purchasing ten bags of dog or cat food within a twelve month time period, and despite complying with the terms of the Program, they never received their Free Food coupons or the Free Food coupons they received were expired.
If you purchased ten bags of cat or dog food within a twelve month time period and complied with the terms of the Program, but did not receive your Free Food coupon, the Free Food coupon was expired, or you experienced other difficulties, and would like to learn more about these claims, please contact Jeffrey P. Harris, Esq. at (513) 261-2666, via e-mail at
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or via online form for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT: Statman, Harris & Eyrich, LLC Jeffrey P. Harris, Esq. 441 Vine Street, Suite 3700 Cincinnati, Ohio 45202 Phone: (513) 621-2666 Toll-Free: (888) 876-7881 E-mail:
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The law firm of Statman Harris & Eyrich, LLC, which has extensive experience in class action litigation, announced today that it is investigating certain officers and the Board of Directors of MF Global Holdings Ltd. (OTC: MFGLQ) ("MF Global or the "Company") for potential violations of state and federal securities laws, on behalf of investors who purchased shares in the Company during the period May 20, 2011 through October 28, 2011.
In a complaint recently filed in the Southern District of New York, MF Global Holdings Ltd. and certain of its officers and directors are alleged to have made materially false and misleading statements or failed to disclose material information related to the Company's internal financial controls and liquidity levels in violation of the ecurities Exchange Act of 2934. The Company filed for Chapter 11 bankruptcy on October 21, 2011 after a $6.3 billion bet on the bonds of some of Europe's most indebted nations prompted regulator concerns, and a credit ratign downgrade. The Wall Street Journal reported on November 1, 2011 that according to a federal official, MF Global told regulators that money was missing from customers' accounts. The Company was suspended from trading on the London Metal Exchange and has been suspended as a clearing member of CME Group, Ince., one of the largest futures markets. The Securities and Exchange Commission and Commodity Futures Trading Commision issued a joint statement stating that MF Global had reported possible deficiencies in customer accounts. Jon Corzine, a former New Jersey Governor who ran MF Global Holdings Ltd., had resigned as chairman and chief executive of the company on November 4, 2011.
Shareholders who purchased shares in MF Global Holdings Ltd. between May 20, 2011 and October 28, 2011 may have a claim and are encouraged to contact Jeffrey P. Harris, Esq. at 513-345-8181 or email
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for more information without any cost or obligation to you.
Statman Harris & Eyrich, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT: Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The law firm of Statman, Harris & Eyrich, LLC announces an investigation on behalf of consumers in connection with the practices of lenders related to force-placed insurance policies that constitute a pattern of exploitative profiteering and self-dealing against the interest of consumers.
Specifically, the investigation focuses on lenders who purchase high-priced insurance policies, having pre-arranged agreements to purchase force-place insurance from a single company without seeking competitive bids on the open market to maximize their own profits, backdating the force-placed policies to charge for retroactive coverage, and/or receiving “commissions” or “kickbacks” for the procurement of the force-placed policies. If you have a mortgage, automobile, or other large collateral-backed loan that required the maintenance of insurance coverage and the insurance coverage lapsed and was subsequently replaced by coverage obtained by the lender, you may have been unjustly charged and entitled to a refund. If you wish to discuss with an attorney, at no cost to you, the fees you were charged for force-placed insurance in connection with your mortgage or other collateral-backed loan, please contact Brian T. Giles, Esq. at (513) 345-8181 or via e-mail at
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for further information without any obligation or cost to you.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Saratoga, Florida. www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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Cincinnati, Ohio: The law firm SH&E, LLC. is investigating Glaceau for alleged false and deceptive advertising claims and breach of warranty related to its marketing, labeling, and advertising of “Vitaminwater.” Among others, Glaceau markets Vitaminwater as “vitamins + water,” as a “nutrient enhanced water beverage,” and uses the misleading name, “Vitaminwater.” In reality, the product is not solely vitamins + water, but contains a third major ingredient omitted from its advertising – sugar. Glaceau also states that the product is “healthy” on some of its labels when it is, in reality, a heavily-fortified sugary snack.
The flavors include:
Power-C - Dragonfruit - (Vitamin C + Taurine)
Energy - Tropical Citrus - (Vitamin B + Guarana)
Revive - Fruit Punch - (Vitamin B + Potassium)
Multi-V - Lemonade - (Vitamin A to Zinc)
Focus - Kiwi-Strawberry - (Vitamin A + Lutein)
Essential - Orange-Orange - (Vitamin C + Calcium)
Formula 50 - Grape - (50% Daily Dose of Vitamins)
Defense - Raspberry-Apple - (Vitamin C + Zinc)
Rescue - Green Tea - (Vitamin C + EGCG)
Endurance - Peach-Mango - (Vitamin E + Ribose)
Vital-T - Lemon Tea - (Vitamin C + Vitamin E)
Balance - Cran-Grapefruit - (Vitamin C + Glucosamine)
B-Relaxed - Jackfruit-Guava - (Vitamin B + Theanine)
If you regularly purchased Vitaminwater in Ohio, particularly “XXX,” “Defense,” or “Power-C” sugar-sweetened flavors, and would like to learn more about your claims, please contact Jeffrey P. Harris, Esq. at (513) 261-2666, or via e-mail at
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for further information without any obligation or cost to you.
SH&E, LLC. has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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The law firm of Statman, Harris & Eyrich, LLC announces that it is investigating possible securities fraud claims on behalf of investors who suffered investment losses in Wells Timberland REIT.
The investigation was triggered subsequent to a ruling by the Financial Industry Regulatory Authority (FINRA) that Wells Real Estate Funds (“Wells”) , through its broker dealer arm, made 116 misrepresentations of fact regarding the sale of the Wells Timberland REIT, and that information concerning the diversification, distributions, and redemptions of the Wells Timberland REIT was misleading. According to Brad Bennett, FINRA executive vice president and chief of enforcement, Wells, through ambiguous and equivocal statements in its marketing materials, “misled investors investors into thinking Wells Timberland was a REIT at a time when it was not a REIT.” FNA fined Wells $300,000, concluding that Wells used improper sales materials when selling the Wells Timberland REIT from May 2007 to September 2009.
According to allegations, Wells began to sell shares of the REIT when it owned no land and could not be classified as a real estate investment trust, and purchased no other properties than a single piece, while representing that it would have, or had, a diverse portfolio of real estate which would protect if from market downturns. Since December 2010, most investors have been unable to redeem their shares and may lose about 40% of their investment. Wells Timberland stopped redemptions because of restrictions by its lenders protecting their loans to Wells.
Investors who purchased shares from May 2007 to September 2009 and wish to discuss this investigation are encouraged to contact attorney Brian Giles at (513) 345-8181 or by e-mail to
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for further information about this matter without any obligation or cost to you.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer, investor, and mass tort class actions, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The law firm of Statman, Harris & Eyrich, LLC announces that it is investigating the officers and Board of Directors of Wynn Resorts, Ltd. (“Wynn” or the “Company”) concerning possible breaches of fiduciary duty by the Company or its fiduciaries related to violations of the Foreign Corrupt Practices Act by providing improper monetary benefits to government officials in Macau.
A $135 million gift in May 2011 to the University of Macau Development Foundation made by Wynn Macau, a majority-owned subsidiary of Wynn Resorts, is under investigation by the Securities and Exchange Commission (“SEC”). Additionally, in January 2012, a former Wynn Resorts board member and its largest shareholder, Kazuo Okada, filed a lawsuit in the District Court of Clark County Nevada (Case No. A-12-654522-B), alleging that the donation was improper because: (a) the Foundation is connected to government officials who regulate gambling in Macau; (b) the Foundation sits on government-owned land; and (c) the final installment of the payment is due in ten years – when Wynn Resorts Macau gaming license is set to expire.
Shareholders of Wynn Resorts Ltd. who are interested in learning more about this investigation and how to protect your rights are encouraged to contact attorney Brian Giles at (513) 345-8181 or at
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for further information about this investigation without any obligation or cost to you.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The running team of SHE LEGAL participated in the second Annual Who Dey Run. Proceeds from the run help fund the "Learning is Cool" program through the Marvin Lewis Community Fund, Avondale Running Club, Boy Scout Troop 155 of New Richmond, Newport Central Catholic High School Cheerleaders and the Northern Kentucky Young Marines. As you can see, we have a wide range of runners supporting this fine cause.
The law firm of Statman, Harris & Eyrich, LLC announces that a securities class action lawsuit has been filed against Nevsun Resources Ltd. (“Nevsun” or the “Company”). The complaint, filed by another firm and pending in the United States District Court for the Southern District of New York (Case No. 12-cv-1845), alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
The action, filed on behalf of shareholders of common shares of the Company during the period March 31, 2011 through February 6, 2012 (the “Class Period”), alleges defendants made false and misleading statements or failed to disclose that: (i) Nevsun’s mining at the Bisha Mine resulted in a material amount of waste rock rather than gold ore; (ii) gold ore and gold from the Bisha Mine was materially less than the amount estimated by Nevsun’s model, and defendants knew or had reason to know this based on data routinely collected from the Bisha Mine throughout the Class Period; (iii) Nevsun was progressing through the ore body much more quickly than planned in order to maintain gold production at a rate that would not reveal to investors that the amount of gold at the Bisha Mine was materially less than the Company’s model; (iv) the Company was aware that its model was materially defective because the actual amounts of gold mines at Bisha did not reconcile with the Company’s model previously disseminated to the investing public; and (v) Nevsun materially overstated its gold reserves at the Bisha Mine.
On February 7, 2012, Nevsun issued a press release disclosing: (i) that it had materially overstated gold reserves at the Bisha Mine by 30-35%; (ii) that the amount of gold to be produced in 2012 would be about half of what Nevsun previously represented to investors; and (iii) that it would restate its proven reserves. Following this news, Nevsun’s common shares fell from a closing price of $6.34 per share on February 6, 2012 to close at $4.40 per share on February 7, 20.12.
Investors who held shares of Nevsun Resources Ltd. common stock during the Class Period who wish to discuss this action are encouraged to contact attorney Brian Giles at (513) 345-8181 or by e-mail to
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for further information about this matter without any obligation or cost to you. If you wish to serve as lead plaintiff, you must move the Court no later than May 14, 2012 to request that the Court appoint you as lead plaintiff. You do not need to take any action at this time to be a class member, and you may retain counsel of your choice.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The law firm of SH&E, LLC, which has significant experience in class actions, announced today that a shareholder lawsuit alleging securities laws violations has been commenced in the United States District Court for the Western District of Washington on behalf of shareholders who purchased the common stock of Coinstar, Inc. (“Coinstar” or the “Company”) (NASDAQ:CSTR) between October 28, 2010 and January 13, 2011, inclusive (the “Class Period”). Coinstar is a provider of automated retail business, including the Redbox® self-service DVD rental and Coinstar® self-service coin-counting brands.
The plaintiff in the case alleges that the Company and certain of its officers made a series of materially false and misleading statements related to the Company’s business and operations in violation of the Securities Exchange Act of 1934. Specifically, the complaint alleges that the Company failed to disclose adverse factors affecting its business and projected financial results, such as: (1) declining sales as customers purchased fewer DVDs per transaction and poor inventory management; (2) lower sales of more expensive Blue-ray discs and poor title selection; (3) delay in availability of DVDs imposed by movie studios; and (4) competition from online video streaming providers.
Fourth quarter and full year 2010 results reported by defendants on January 13, 2011 revealed to shareholders that the Company would earn as little as $0.65 per share for the quarter on revenues of only $391 million, and not the analysts’ consensus estimate of $0.84 per share on revenue of $427 million. As a result, the stock declined almost 30% in a single trading day, or almost $15.50 per share, to close at $41.50 per share, down from the prior day’s closing price of $57.00.
If you purchased Coinstar, Inc. securities during the Class Period, you may request that the Court appoint you lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Under certain circumstances, one or more class members may together serve as “lead plaintiff.” Your ability to share in any recovery is not affected by your decision whether or not to serve as lead plaintiff.
If you wish to discuss this action or have any questions, please contact attorney Jeffrey P. Harris at (513) 621-2666, or via e-mail at
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for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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The law firm of SH&E, LLC, which has significant experience in class actions, announced today that it is investigating allegations of deceptive practices relating to overdraft fees charged to debit and ATM customers by the banking industry.
The alleged deceptive practices include but are not limited to:
♦ systematic and unfair manipulation of customer transaction histories to maximize
the number of overdraft fees assessed against a customer;
♦ intentional failure to provide adequate disclosure or notice to customers in order
to maximize overdraft fee revenue;
♦ re-ordering of electronic debit transactions so as to deplete customer’s available
funds as quickly as possible to maximize the collection of overdraft fees;
♦ charging overdraft fees for transactions that did not overdraw the customer’s account;
♦ failure to properly disclose overdraft policies; and providing false and misleading
account balance information at the point of sale and on the bank’s website.
If you have been subjected to unfair overdraft fees and have information regarding these allegations and/or practices and wish to discuss this investigation, contact attorney Jeffrey P. Harris at (513) 621-2666, or
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for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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The law firm of Statman, Harris & Eyrich, LLC, which has significant experience in class actions, announces an investigation on behalf of residential borrowers in foreclosure who paid fees in conjunction with reinstatements of their mortgages.
If you received mortgage reinstatement through Bank of America Corporation; JP Morgan Chase, Citigroup, Inc.; Citibank, Sun Trust Bank, Regions Bank, HSBC Bank USA, Comerica Bank, CitiMortgage; Wells Fargo & Company, or other financial institutions and were charged fees in connection with reinstatement, you may have been unjustly charged and entitled to a refund.If you wish to discuss with an attorney, at no cost to you, the fees you were charged in connection with your mortgage reinstatement as part of this investigation, please contact George Musekamp, Esq. by telephone at (513) 345-8181, or via e-mail at
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for further information without any obligation or cost to you.
Statman, Harris & Eyrich, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. http://www.statmanharris.com
CONTACT: Statman, Harris & Eyrich, LLC
George Musekamp, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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SH&E, LLC. supported the 15th Annual Run for Kids 5 K run. This was Pro Kids 30 years anniversary. Pro Kids supports services to improve the lives of abused and neglected children. This Cincinnati Bar sponsored event is a traditional way that SH&E gives back to the community. Team “SHE LEGAL” had over 14 runners. Pictured below is mother/daughter team of SHE LEGAL of Colleen and Raquel Hegge. Watch us for our next charity supported run as SHE LEGAL supports our community a mile at a time.
Statman, Harris & Eyrich LLC uses the fully-integrated Client Profiles case and financial management system to quickly respond to client needs and handle billing and financial reporting in a fraction of the time. Click here for further details.
The class action law firm of SH&E, LLC announced today that it is investigating DJSP Enterprises, Inc. (“DJSP” or the “Company”) (NASDAQ: DJSP) for potential violations of state and federal securities laws. The affected stock was purchased between March 11, 2010 and May 27, 2010.
The firm’s investigation was triggered on May 27, 2010, when DJSP announced its operating results for the first quarter 2010. DJSP revealed that the Company would be unable to meet its earnings estimates and revised its earnings guidance from $1.83 to $1.29-1.36 EPS.
As a direct result, on May 28, 2010, DJSP’s stock fell to $6.38 per share, a decline of over 28% on unusually high trading volume.
Shareholders who purchased DJSP stock between March 11, 2010 and May 27, 2010 may have a claim against the Company and are encouraged to contact attorney Jeffrey P. Harris at (513) 621-2666 or
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for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
Toll-Free: (888) 876-7881
E-mail:
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The law firm of Statman, Harris & Eyrich, LLC announces that a class action lawsuit has been filed against SAIC, Inc. (“SAIC” or the “Company”) (NYSE: SAI) and certain of its officers and directors on behalf of purchasers of the common stock during the period April 11, 2007 and September 1, 2011, inclusive (the “Class Period”).
The action, filed by another firm in the United States District Court for the Southern District of New York, alleges defendants violated federal securities laws by misrepresenting or failing to disclose information relating to overbilling the city of New York hundreds of millions of dollars on a project to update the city’s employee payroll system (the “CityTime Project”). Executives of the Company admitted in a conference call that the Company might be forced to take a deduction from earnings to reflect alleged overbilling on the CityTime Project from the financial results it released for the second quarter of 2012. The stock price dropped on this disclosure, damaging investors.
Investors who purchased SAIC common stock during the Class Period may have a claim against the Company and are encouraged to contact attorney Brian Giles at (513) 345-8181 or by e-mail to
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for further information about this matter without any obligation or cost to you. Additionally, persons with non-public knowledge relative to the allegations asserted are encouraged to contact the law firm. The whistleblower provisions in the Dodd-Frank Wall Street Reform Bill protect whistleblowers from employer retaliation and allow the SEC to reward those who provide information leading to a successful enforcement with up to 30 percent of the recovery.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer, investor, and mass tort class actions, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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SH&E LLC, a full service business law firm with offices in Ohio, Illinois and Florida, announces that Sylvie J. Derrien has joined the firm as an associate and will be based in the firm’s Cincinnati office. Mrs. Derrien’s primary focus will be in the area of Bankruptcy and Class Action.
Sylvie was born and raised in Dijon, France. While attending college and law school in Cincinnati, Ohio, she maintained high standards of academic excellence. She graduated summa cum laude from the University of Cincinnati with an undergraduate degree in Psychology. She went on to receive her Juris Doctorate, cum laude, from the University of Cincinnati College of Law in 2000. She was on the board of law review. After working for major law firms in Cincinnati and Dayton, she worked as a law clerk for the Honorable Judge Walter and the Honorable Judge Humphrey at the Bankruptcy Court for the Southern District of Ohio in Dayton.
In her free time, Sylvie tries to stay active. She is a long distance runner and one of her most memorable moment was “running the Paris Marathon”. Sylvie also enjoys reading, music, plays and may sometimes be seen frequenting the Green Dog Café before heading out for a movie.
So please help us welcome Sylvie J. Derrien to the SH&E LLC family.
The class action law firm of SH&E, LLC. announced today that it is continuing its investigation of complaints against L.A. Fitness International, LLC (“LA Fitness”), Blendon Beecham Fitness, LLC dba Urban Active (“Urban Active”), and Gold’s Gym International, Inc. (“Gold’s Gym”).
The firm is investigating complaints relating to unauthorized charges to credit cards, debit cards, and bank accounts of former gym members after the members canceled their monthly membership contracts.
If you were charged without authorization for membership dues after canceling your membership contract at LA Fitness, Urban Active, or Gold’s Gym and would like to learn more about these claims, please contact Jeffrey P. Harris, Esq. at (513) 621-2666, or via e-mail at
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for further information without any obligation or cost to you.
SH&E, LLC. has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT: Jeffrey P. Harris, Esq.
Statman, Harris & Eyrich, LLC
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2661
Toll-Free: (888) 876-7881
E-mail:
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The law firm of SH&E, LLC, which has significant experience in class actions, announced today that a shareholder complaint alleging securities laws violations has been commenced in the United States District Court for the District of Idaho on behalf of shareholders who purchased the common stock of Alternate Energy Holdings Inc. (“AEH” or the “Company”) (PINK:AEHI) between September 20, 2006 through December 14, 2010 (the “Class Period”).
The plaintiff in the case alleges that the Company, its CEO Donald L. Gillispie, and Senior Vice President Jennifer Ransom (both currently on leave from the Company) engaged in a scheme to manipulate and artificially inflate the market price of AEH shares. The Securities and Exchange Commission, in a separate action, alleges that AEH has raised millions of dollars from investors while fraudulently manipulating its stock price through misleading public statements that conceal the secret profits reaped by Gillispie and Ransom.
Because of questions raised about the accuracy of certain publicly disseminated information, the Securities and Exchange Commission has temporarily suspended trading of the Company’s common stock through December 28, 2010. Shares of AEH traded until January 8, 2010 at roughly $0.10 per share and jumped in the following months to $0.87 per share in October 2010 until December 13, 2010 when AEH shares traded at $0.575 per share.
If you purchased AEH securities during the Class Period, you may request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Under certain circumstances, one or more class members may together serve as “lead plaintiff.” Your ability to share in any recovery is not affected by your decision whether or not to serve as lead plaintiff.
If you wish to discuss this action or have any questions, please contact attorney Jeffrey P. Harris at (513) 621-2666 or
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for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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The class action law firm of SH&E, LLC announced today that it is investigating Vitacost.com, Inc. (“Vitacost.com” or the “Company”) (NASDAQ: VITC) for potential violations of state and federal securities laws. The affected stock was purchased in connection with the Company’s September 2009 initial public offering.
The firm’s investigation was triggered on April 20, 2010, when Vitacost.com issued a press release updating its guidance for revenue and earnings per share for the first quarter and full year 2010. Vitacost.com revealed that severe manufacturing problems and other related issues would make it impossible for the Company to meet its earning, revenue or growth estimates. As a direct result, Vitacost.com’s common stock fell to $8.66 per share in early trading, a decline of almost 30% and well below the September 2009 $12.00 offering price.
Shareholders who purchased Vitacost.com stock in connection with the Company’s September 2009 initial public offering may have a claim against the Company and are encouraged to contact attorney Jeffrey P. Harris by calling (513) 621-2666, sending an email at
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or clicking the "Contact Us " link online at www.statmanharris.com for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
Toll-Free: (888) 876-7881
E-mail:
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The law firm of Statman, Harris
& Eyrich, LLC announces that it is investigating Quest Software, Inc. ("Quest"
or the "Company") concerning potential breaches of fiduciary duty by members of
its board of directors.
The investigation centers on
whether the board disclosed all material benefits and costs and engaged in a
fair process to obtain maximum value and adequately compensate shareholders
under the proposed acquisition of the Company by Quest CEO, Vincent Smith, and Expedition
Holding Co., an affiliate of Insight Venture Partners. Under the terms of the agreement, shareholders
would receive $23.00 in cash per share of common stock, while at least two
analysts have set target prices as high as $26 and $29.00 per share. In addition, Smith, an owner of approximately
29% of the Company's shares, will receive an equity stake in the surviving company,
which he will continue to run.
Shareholders of Quest Software,
Inc. who wish to discuss this investigation are encouraged to contact attorney Brian
Giles at (513) 345-8181 or by e-mail to
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for
further information about this matter without any obligation or cost to you.
Statman, Harris & Eyrich, LLC,
which has significant experience in consumer, investor, and mass tort class
actions, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and
Sarasota, Florida. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441
Vine Street, Suite 3700
Cincinnati,
Ohio 45202
Phone:(513) 345-8181
E-mail:
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CINCINNATI – April 19, 2010 – ATTORNEY ADVERTISING - The class action law firm of SH&E, LLC. (“Statman Harris”) today announced that it is investigating Boston Scientific Corporation ("Boston Scientific" or the "Company") (Nasdaq:BSX) for potential violations of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). The investigation focuses on investments in Company stock in the Boston Scientific Corporation 401(k) Savings Plan (the “Plan”).
Statman Harris’ investigation involves concerns that Boston Scientific and other administrators of the Plans may have breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of the Plan. A breach may have occurred if the fiduciaries failed to manage the assets of the Plans prudently and loyally by investing the assets in Company stock when it was no longer a prudent investment for participants' retirement savings.
If you are a participant in the Boston Scientific Corporation 401(k) Savings Plan and held Boston Scientific common stock in your Plan account, you may contact SH&E, LLC, at 3700 Carew Tower, 441 Vine Street, Cincinnati, OH 45202, by telephone (513) 621-2666 for attorneys Jeffrey P. Harris or by email at jharris
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or by using our online form
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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CINCINNATI, April 22, 2010 – ATTORNEY ADVERTISING - The class action law firm SH&E, LLC has commenced an investigation into possible breaches of contract and consumer protection laws by Charter Communications, Inc. Statman Harris is investigating consumer complaints about Charter Communications’ rebate programs (the “Rebate Programs”). Charter Communications’ customers have complained that, among other problems, despite complying with the terms of the Rebate Programs, they never received their rebates, the amount of the rebate was incorrect, or the materials necessary to apply for the rebate did not arrive in a timely fashion or did not arrive at all.
If you participated in one of Charter Communications’ Rebate Programs but did not receive your rebate, the rebate was incorrect, or you experienced other difficulties, and would like to learn more about these claims, please contact Jeffrey P. Harris, Esq. at (513) 261-2666, via e-mail at
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or via online form at www.statmanharris.com for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
Toll-Free: (888) 876-7881
E-mail:
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The class action law firm of SH&E, LLC announces its continuing investigation into the business practices of numerous sellers of male enhancement products, including but not limited to Magna-Rx, Inc.; Ironwood Labs, LLC; RMI Direct Marketing, Inc.; Hampshire Labs, Inc.; Vaquerax Laboratories; Health Research Laboratories; Male Performance Research Center and others for alleged deceptive marketing and selling of certain male enhancement nutraceuticals. These companies allegedly market and sell, among other products, dietary supplements including but not limited to Magna-Rxtra+, Magna-Rx+, VisWiss, Vicerex, Puremeds, Viver-X, Stamina RX, Vaquerax, Xomax, Procylon, Sizepro, Blue Steel, Proton Extreme, EndureRx, Libitrol, Roplex, Xcel, Viastat, Vazomyne, Orexis, and others, claiming the product will produce male erections or increase penis size. However, there is no legitimate scientific basis supporting the advertising claims.
SH&E, LLC is currently investigating these alleged deceptive marketing and selling practices. If you have purchased these products or any other male enhancement product from the numerous marketing and distribution channels and wish to discuss this investigation, you may email us via online form for further information without any obligation or cost to you. If you wish to speak with someone directly, please contact Jeffrey P. Harris, Esq. at (513) 621-2666 or (888) 876-7881, via e-mail at
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for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
Toll-Free: (888) 876-7881
E-mail:
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The law firm of Statman, Harris & Eyrich, LLC, which has significant experience in class actions, announced today that it is investigating Geron Corporation (“Geron” or the “Company”) (NASDAQ: GERN) for potential violations of state and federal law. Geron Corporation develops biopharmaceuticals for the treatment of cancer and chronic degenerative diseases.
The firm’s investigation was triggered on December 6, 2010 when the Company unexpectedly announced a secondary offering, contradicting the Company’s earlier statements that it was funded for the near-term. Specifically, on July 29, 2010, the Company announced that it would report $156 million cash on its balance sheet at the end of the second quarter of 2010. Furthermore, Geron CFO David Greenwood stated in a conference call on October 20, 2010 that the Company was ending the third quarter with $146 million cash on the balance sheet and that the Company was “funded for the near-term.” Subsequent to these statements, on December 6, 2010 Geron announced an $87 million secondary public offering of 17.4 million shares priced at $5 per share - $1.12 below the Company’s trading price of $6.12.
As a direct result of these contradictory statements, on December 7, 2010, the Company’s stock fell to $5.00, a drop of almost 20%.
Shareholders who purchased Geron Corporation stock between July 29, 2010 and December 6, 2010 may have a claim against the Company and are encouraged to contact attorney Jeffrey P. Harris at (513) 621-2666, or
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for further information without any obligation or cost to you.
Statman, Harris & Eyrich, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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Cincinnati April 12, 2012 – The law firm of Statman, Harris & Eyrich, LLC announces that a securities class action lawsuit has been filed against Oppenheimer Global Resource Private Equity Fund I, L.P. and others (“OGRPE Fund”). The complaint, filed by another firm, is pending in the United States District Court for the District of Massachusetts (Case No. 12-cv-10552).
The action alleges defendants violated Sections 12 (a)(2) and/or 15 of the Securities Act of 1933 and rules promulgated thereunder by the Securities and Exchange Commission (“SEC”). Specifically, the lawsuit asserts that the OGRPE Fund solicitation documents overstated the value of the fund’s holdings as well as its profitability and financial performance due to a failure of the OGRPE Fund’s procedures and in violation of applicable laws and standards. The Wall Street Journal reported on February 24, 2012 that the United States Attorney’s Office for the District of Massachusetts, the SEC, and the Massachusetts Attorney General’s Office have been investigating the OGRPE Fund and subpoenaing employees, focusing on whether the fund has been incorrectly valuing its investments.
Investors in the Oppenheimer Global Resource Private Equity Fund I, L.P. who wish to discuss this action are encouraged to contact attorney Brian Giles at (513) 345-8181 or by e-mail to
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for further information about this matter without any obligation or cost to you. You have until May 25, 2012 to move for lead plaintiff status. You do not need to take any action at this time to be a class member, and you may retain counsel of your choice.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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SH&E LLC, a full service business law firm with offices in Ohio, Illinois and Florida, announces that Marc I. Fenton has joined the firm as a partner and will be based in firm’s Chicago office.
Mr. Fenton is a restructuring attorney who primarily represents lenders and debtors in reorganization cases, work-outs, turn-arounds and bankruptcy proceedings. He has handled all aspects of Chapter 11 cases, from pre-bankruptcy planning, through first day motions to confirmation hearings and post-confirmation matters including claims resolution and avoidance action and other adversary litigation. Mr. Fenton has significant experience in business reorganizations, real estate work-outs, and out of court restructurings. In addition to representing lenders and debtors, he has represented purchasers of assets, whether through a bankruptcy or out of court proceeding, as well as committees, assignees in assignments for the benefit of creditors and bankruptcy trustees. His clients have included financial institutions, insurance companies, retailers and manufacturers in bankruptcy cases throughout the country. Recently, he has been engaged in some major Chapter 11 cases including those of Hartmarx, Morris Publishing Group, Wickes, Inc, Jays Foods LLC and others.
Before his move to SH&E LLC, Mr. Fenton was Senior Counsel with Neal Gerber & Eisenberg LLP. Prior to his affiliation with Neal Gerber & Eisenberg LLP, Mr. Fenton was Of Counsel in the Chicago office of DLA Piper LLP (US) and prior to that served as First Vice-President and Legal Counsel for Bank One Corporation, now known as JP Morgan Chase Bank, where he represented the middle market business unit in work-outs, reorganizations and liquidation proceedings.
Mr. Fenton is the author of a chapter entitled “Equitable Remedies” in the 2009 edition of the Illinois Institute for Continuing Legal Education (“IICLE”) publication titled Creditors’ Rights in Illinois. Mr. Fenton also served on the Editorial Advisory Board for “Bankruptcy Law360” legal publication.
Mr. Fenton earned his J.D. from Northern Illinois University College of Law in 1981. In 1975, he graduated from Loyola University of Chicago with a B.A. in political science.
Mr. Fenton was admitted to the Illinois bar in 1981. He is also admitted to practice before the U.S. District Court for the Northern District of Illinois where he is a member of the Federal Trial Bar. He is also admitted to practice before the U.S. Court of Appeals for the Seventh Circuit. Mr. Fenton is a member of the American Bankruptcy Institute.
The law firm of Statman, Harris & Eyrich, LLC announces that it is investigating whether the board of directors of Fortune Industries, Inc. (“Fortune” or the “Company”) potentially breached its fiduciary duty to current shareholders in connection with the proposed buyout of the Company by CEP, Inc. (“CEP”). CEP is a holding company owned by Fortune’s management, including its Chief Executive Officer Tena Mayberry and Chief Financial Officer Randy Butler.
Under the terms of the management buyout transaction agreement, announced by the Company on March 26, 2012, shareholders of Fortune who own 501 or more shares will receive an equivalent number of shares in the post-merger company; shareholders who own 500 or less shares will receive $0.61 per share. Additionally under the terms of the agreement, Carter M. Fortune, majority shareholder and chairman of Fortune, will sell all of his Series C preferred shares to CEP, which will then be converted to common stock and contributed to CEP. The investigation relates to whether the board of directors is acting in the shareholders’ best interests and adequately shopping the company in order to maximize shareholder value. There is not expected to be a public trading market, and the new company will no longer file disclosure documents with the Securities and Exchange Commission.
Shareholders of Fortune Industries, Inc. who are interested in learning more about this investigation and how to protect your rights are encouraged to contact attorney Brian Giles at (513) 345-8181 or at
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for further information about this investigation without any obligation or cost to you.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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Statman, Harris & Eyrich, LLC announces that several actions filed in
federal courts against National Football League ("NFL") on behalf of former pro
football players have been centralized in the Eastern District of Pennsylvania
before the Judicial Panel on Multidistrict Litigation, In Re: National Football
League Players' Concussion Injury Litigation (the "Action"). Causes of action in filed complaints include
negligence, fraud, fraudulent concealment, negligent misrepresentation, and
conspiracy.
The Action alleges that the NFL and
other defendants knew about the debilitating and permanent effects of head
injuries and concussions that occur among professional players, yet they
"intentionally and fraudulently misrepresented and/or concealed medical
evidence about the short-and long-term risks regarding repetitive traumatic
brain injury and concussions and failed to warn players that they risked
permanent brain damage if they returned to play too soon after sustaining a
concussion." The Action also focuses on
the use of the anti-inflammatory medication Toradol, allegedly used to reduce
on-field pain that can mask symptoms of head injury while inducing greater
cerebral bleeding, greatly increasing the risk of long-term brain damage.
Former professional NFL
players who experienced head injuries during play and now suffer from symptoms
including severe depression, memory loss, headaches, anxiety, dizziness,
trouble with concentration, short attention span, and mood swings may have a
claim against the NFL and other defendants and are encouraged to contact
attorney Brian Giles at (513) 345-8181 or at
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for further information about this matter without any obligation or cost to
you.
Statman, Harris &
Eyrich, LLC, which has significant experience in class actions, has offices in
Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The law firm of SH&E, LLC, which has significant experience in class actions, announced today that a shareholder complaint has been commenced in the United States District Court, Southern District of California, on behalf of purchasers of the common stock of Genoptix, Inc. (“Genoptix” or the “Company”) (NASDAQ: GXDX).
The complaint alleges Genoptix and certain of its officers and directors violated federal securities laws when they issued false statements projecting that the Company’s approach to hematology and oncology testing and diagnostics would cause the Company’s market share to double or triple in the next three to five years, while failing to disclose that Genoptix’s business model was not working and was actually causing Genoptix to lose market share. As a result of defendants’ false statements, Genoptix’s stock traded as high as $38.79 per share on April 30, 2010.
On May 6, 2010, Genoptix announced first quarter 2010 financial results far below consensus, the news causing the Company’s stock to fall $8.37 per share, a decline of approximately 23%. Additionally, on June 16, 2010, Genoptix issued a press release providing a first look at its second quarter 2010 performance and reducing revenue and earnings guidance for the full year. On this news, Genoptix fell another $5.69 per share to $17.19 per share on June 16, 2010, a drop of approximately 25%.
Shareholders who purchased Genoptix, Inc. stock between July 31, 2009 and June 15, 2010 may have a claim against the Company and are encouraged to contact attorney Jeffrey P. Harris at (513) 621-2666, or
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for further information without any obligation or cost to you.
Statman, Harris & Eyrich, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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Statman Harris & Eyrich, LLC is pleased to announce Alan J. Statman has again been named one of Cincy Business Magazine’s Leading Lawyers for 2011.The Magazine for Business Professionals, provides local in depth stories and a wealth of information for the active professional throughout the Tri-state area. The Leading Lawyer Award includes the prominent and powerful legal minds of the Greater Cincinnati Area. Hundreds of members from the Tri-state legal community nominate colleagues for this honor. Nominees are judged by a jury of their peers to ensure fairness and impartiality. This year marks a record number of nominations with only a select 188 individuals from 42 practice areas receiving this honor. This years award winners will be featured in the February issue of "Cincy - the magazine for business professionals".
The law firm SH&E, LLC. which has significant experience in class actions, is investigating the recruiting practices of the for-profit educational institutions owned by the Apollo Group and Corinthian Colleges for unfair and deceptive trade practices in Ohio, Kentucky, and Indiana.
The Apollo Group owns the popular University of Phoenix, which also offers online degree programs. Corinthian Colleges owns Everest College, Everest Institute, Everest University, and Everest Online, among others.
According to the Government Accountability Office, the Apollo Group and Corinthian Colleges allegedly engaged in illegal student recruiting practices, including exaggerating an applicant’s potential salary after graduation, failing to provide clear information about the college’s program duration, costs, or graduation rate, pressuring applicants to sign a contract for enrollment before allowing them to speak to a financial advisor about program cost and financing options, and encouraging students to provide inaccurate information to qualify for federal student aid.
If you are or were a student of the University of Phoenix, Everest College, Everest Institute, Everest University, or Everest Online and reside in Ohio, Kentucky, or Indiana and would like to discuss your legal rights, please contact Jeffrey P. Harris, Esq. at 513-621-2666 or via e-mail at
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for further information without any obligation or cost to you.
SH&E, LLC. has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
Phone: (513) 621-2666
E-mail:
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Learn about the best methods for implementing new software in an article entitled “A Six-Step Training Regimen for “Go Live” Week”. This article was created and published in ILTA’s September 2011 issue of Peer to Peer Magazine titled “Professional Services: Tools of the Trade”. The article was written by Janet Sullivan, Statman, Harris & Eyrich’s Office Administrator and Ken Shuart, Implementation Consultant for Client Profiles as a collaborative effort to share insight into the trials and tribulations associated with new software implementation.
The law firm of SH&E, LLC, which has significant experience in class actions, announced today that it is investigating SciClone Pharmaceuticals (“SciClone” or the “Company”) (NASDAQ: SCLN) for potential violations of state and federal law by issuing false and misleading statements to its shareholders.
SciClone is a global pharmaceutical company that develops and commercializes therapeutics for the treatment of cancer and infectious diseases in the People’s Republic of China and internationally. The Company’s principal product is ZADAXIN, which, among other things, is used for the treatment of hepatitis B and hepatitis C viruses and certain cancers.
On August 9, 2010, SciClone revealed that the Securities and Exchange Commission advised the Company that it had initiated a formal, non-public probe into the Company’s business dealings in China. SciClone has also been contacted by the Department of Justice, which requested that the Company meet with it regarding whether it has complied with the Foreign Corrupt Practices Act (“FCPA”). The FCPA prohibits a company from making illicit payments to foreign officials to obtain a business advantage. On this news, shares of SciClone plunged 29% to $2.48 per share on August 10, 2010.
If you purchased common stock of SciClone and would like to discuss your potential claims, or if you have questions concerning your rights, please contact attorney Jeffrey P. Harris for further information without any obligation or cost to you at (513) 621-2666, or by email at
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.
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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The law firm of Statman, Harris & Eyrich, LLC announces that it is investigating whether officers or directors of Chelsea Therapeutics Ltd. (“Chelsea” or the “Company”) (NASDAQ: CHTP) misled investors by issuing materially false and misleading statements about the market potential for Northera, an experimental drug developed by Chelsea for the treatment of neurogenic disorders.
On February 13, 2012, Chelsea revealed the receipt of a briefing document from the U.S. Food and Drug Administration (“FDA”) highlighting concerns related to the short duration of clinical studies and limited size of the study population. On this news, shares of the Company fell from a February 8, 2012 trading high of $5.20 to a closing price on February 13, 2012 of $3.11 per share. Subsequently, on March 29, 2012, the FDA announced it would not approve the application for Northera. The Company said that the FDA wants additional research to show that Northera works and that it remains effective for more than a month. The agency also is suggesting that if the drug is approved, it may require a label that warns of potentially serious side effects. Upon news of the drug application rejection, shares of the company closed on March 29, 2012 at $2.62.
Shareholders of Chelsea Therapeutics Ltd. may have a claim against the Company and are encouraged to contact attorney Brian Giles at (513) 345-8181 or at
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for further information about this investigation without any obligation or cost to you.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer, investor, and mass tort class actions, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The class action law firm of SH&E, LLC announced today that it is investigating K-Sea Transportation Partners (“K-Sea” or the “Company”) (NYSE: KSP) for potential violations of state and federal securities laws. The affected stock was purchased in connection with the Company’s August 6, 2009 stock offering.
The firm’s investigation was triggered on October 28, 2009, when K-Sea issued a press release announcing its operating results for the first quarter fiscal 2010. K-Sea revealed that the Company would be unable to meet its earnings estimates and would be in violation of financial covenants under certain debt and lease agreements:
The Company reported an operating loss of $1.3 million, including an asset impairment charge of $5.9 million. Operating income, before asset impairment charges, was $4.6 million, a decrease of $5.3 million, or 54%, compared to the first fiscal quarter ended September 30, 2008. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) for the first quarter of fiscal 2010 was $18.2 million, a decrease of $4.5 million, or 20%, compared to $22.7 million in the same quarter last year. EBITDA is a non-GAAP financial measure that is reconciled to net income, the most directly comparable GAAP measure….
The Company also announced that its distribution to unitholders for the first fiscal quarter will be $0.45 per unit, or $1.80 per unit annualized, compared to the previous distribution of $0.77 per unit. This distribution will be payable on November 16, 2009 to unitholders of record on November 9, 2009. At this distribution rate, the Company anticipates its distributable cash flow for fiscal 2010 will exceed 1.00 times the amount needed to cover the distributions to be paid to unitholders.
The Company believes it currently is in full compliance with all provisions of its debt and lease agreements. While the Company expects to continue to pay when due all future obligations in respect of its debt and leases, the Company expects that it will not be in compliance with its financial covenants in certain of these agreements as of the end of its second or third fiscal quarter of fiscal 2010, and in anticipation of these circumstances, will be seeking to amend these covenants.
As a direct result, K-Sea’s common stock fell to $14.00 per share, a decline of nearly 38% and well below the August 6, 2009 $19.15 offering price.
Shareholders who purchased K-Sea stock in connection with the Company’s August 6, 2009 stock offering may have a claim against the Company and are encouraged to contact attorneys Jeffrey P. Harris at (513) 621-2666 for further information without any obligation or cost to you.
SH&E, LLC. has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT: Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
Toll-Free: (888) 876-7881
E-mail:
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SH&E, LLC. Investigates Nestlé’s BOOST Kid Essentials for Alleged False and Deceptive Advertising Claims
Cincinnati, Ohio: The law firm SH&E, LLC. is investigating Nestlé HealthCare Nutrition, Inc., a division of Nestlé S.A., regarding alleged false and deceptive advertising claims related to the supposed health benefits of BOOST Kid Essentials, a children’s nutrition drink. Nestlé advertised that BOOST Kid Essentials could prevent upper respiratory tract infections, colds and flu by strengthening a child’s immune system, and reduce absences from daycare or school due to illness. Nestlé recently agreed to drop the alleged deceptive advertising of these purported health benefits as part of a settlement with the Federal Trade Commission.
If you purchased BOOST Kid Essentials in Ohio, Kentucky, Indiana, Illinois, or Florida and would like to learn more about your claims, please contact Jeffrey P. Harris, Esq. at (513) 621-2666, or via e-mail at
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for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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The
law firm of Statman, Harris & Eyrich, LLC announced today that it is
investigating potential direct shareholder claims and/or breach of fiduciary
duties by the Board of Directors of Kenneth Cole Productions, Inc. ("Kenneth
Cole" or the "Company") (NYSE:KCP) concerning the acquisition proposal from the
Company's Chairman and CEO Kenneth D. Cole.
Mr. Cole owns approximately 47% of the outstanding shares of KCP common
stock, representing approximately 89% of the voting power.
Under the acquisition proposal,
shareholders will receive $15.00 in cash for each share of KCP common
stock. The firm's investigation centers
on (i) whether the board diligently conducted an adequate sale process prior to
agreeing to the proposal; (ii) whether KCP shares are undervalued in the
proposed transaction; and (iii) whether the proposed transaction undervalues
the Company to the detriment of its shareholders.
The investigation seeks to
determine whether the price offered is below the inherent value of Kenneth Cole
Production, Inc. stock. Current shareholders
of KCP stock may have a claim against the Company and are encouraged to contact
attorney Brian Giles at (513) 345-8181 or at
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for further information about this investigation without any obligation or cost
to you.
Statman, Harris & Eyrich, LLC,
which has significant experience in class actions, has offices in Chicago,
Illinois; Cincinnati, Ohio; and Dayton, Ohio.
www.statmanharris.com
CONTACT: Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The class action law firm of SH&E, LLC (www.statmanharris.com) announces that a class action has been filed on behalf of a class consisting of all persons or entities who purchased the common stock of Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ) between March 3, 2010 and June 1, 2010, inclusive (the “Class Period”).
The complaint was filed in the United States District Court for the Southern District of New York against Canadian Solar and certain of its officers and directors for violations of federal securities laws. The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose: (1) that with respect to sales to certain customers, it was uncertain whether the Company would receive full cash payments; (2) that certain goods were subsequently returned after the quarter end; (3) that, as a result, the Company’s financial results were overstated during the Class Period; (4) that the Company lacked adequate internal and financial controls; and (5) that, as a result of the above, the Company’s financial statements were materially false and misleading at all relevant times.
On June 1, 2010, after the market closed, the Company disclosed that it was postponing the release of its full financial results for the first quarter ended March 31, 2010, as a result of the commencement of an investigation by the Audit Committee of the Company’s Board of Directors. The Company disclosed that the investigation was launched after it received a subpoena from the United States Securities and Exchange Commission requesting documents relating to, among other things, certain sales transactions in 2009. The Company also disclosed that it may revise its net revenues numbers for the 2009 fiscal fourth quarter. The next day, as a result of this news, shares of Canadian Solar declined $1.69 per share, or 14.25%, to close on June 2, 2010, at $10.17 per share, on unusually heavy volume.
If you purchased Canadian Solar securities during the Class Period, you may, no later than August 2, 2010, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Under certain circumstances, one or more class members may together serve as “lead plaintiff.” Your ability to share in any recovery is not affected by your decision whether or not to serve as lead plaintiff.
If you wish to discuss this action or have any questions, please contact attorneys Jeffrey P. Harris by telephone (513) 621-2666 or by email at
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. All e-mail correspondence should make reference to the Canadian Solar Securities Litigation.
SH&E, LLC. has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
Toll-Free: (888) 876-7881
E-mail:
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The law firm of Statman, Harris & Eyrich, LLC announced today that it is investigating Enterprise Financial Services Corporation (“Enterprise” or the “Company”) (NASDAQ:EFSC) for potential violations of federal securities laws, including potential breaches of fiduciary duty by certain officers and directors of Enterprise, in connection with the Company’s financial reporting resulting in an overstatement of income on loans covered by Federal Deposit Insurance Corp. (“FDIC”) loss-share agreements. Enterprise Financial operates as the holding company for Missouri-based Enterprise Bank & Trust, which provides banking and wealth management services to individuals and businesses.
The Company stated on January 25, 2012 that due to the discovery of an accounting error that resulted in an overstatement of income on the FDIC-covered loans, its financial statements for the year ended December 31, 2010 and the first three quarters of 2011 and 2010 will be restated. As a result, the Company stated that its Annual Report in Form 10-K for the year ended December 31, 2010 and the interim Form 10-Q Quarterly Reports for the periods ended March 31, June 30, and September 30 for 2010 and 2011 should no longer be relied on. Due to the reinstatement, diluted earnings per share of Enterprise for 2010 are expected to be between $0.20 and $0.25 compared to the originally reported earnings per share of $0.45, based on current Company estimates.
Shareholders who purchased Enterprise stock in connection with the Company’s May 24, 2011 stock offering may have a claim against the Company and are encouraged to contact attorney Brian Giles at (513) 345-8181 or at
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for further information without any obligation or cost to you.
Statman, Harris & Eyrich, LLC, which has significant experience in class actions, has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Brian Giles, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail:
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The law firm of SH&E, LLC, which has significant experience in class actions, announced today that it is investigating Broadwind Energy, Inc. (“Broadwind” or the “Company”) (NASDAQ:BWEN) for potential violations of state and federal securities laws in connection with the Company’s March 12, 2010 secondary stock offering.
The firm’s investigation relates to allegations contained in two separate shareholder lawsuits commenced in the United States District Court for the Northern District of Illinois regarding the misconduct of the Company and certain of its officers and directors. Specifically, those lawsuits allege that the Company and certain of its officers violated federal securities laws by failing to disclose material adverse facts about Broadwind’s true financial condition, such as: (i) disclosing issues with key contracts of Broadwind’s RBA subsidiary; (ii) overstating the Company’s financial condition by improperly delaying the recognition of the impairment of goodwill and intangible assets related to its RBA subsidiary; (iii) failing to prepare the Company’s financial statements in accordance with GAAP; and (iv) disclosing the reduction in customer demand. As a result of these factors, defendants lacked a reasonable basis for their positive statements about Broadwind’s financial condition.
On August 9, 2010, the Company announced its financial results for the second quarter of 2010. Following the news of a net loss of $14.2 million, the price of Broadwind stock fell 12%, to close at $2.50 per share.
Shareholders who purchased Broadwind stock in connection with the Company’s March 12, 2010 stock offering may have a claim against the Company and are encouraged to contact attorney Jeffrey P. Harris at (513) 621-2666, or
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for further information without any obligation or cost to you.
SH&E, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT: Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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CINCINNATI, April 20, 2010 – ATTORNEY ADVERTISING – Statman, Harris & Eyrich, LLC, (www.statmanharris.com) announces that a class action is proceeding on behalf of a class of all persons who purchased Compellent Technologies, Inc. ("Compellent" or the “Company”) (NYSE:CML) common stock or other publicly traded securities between October 28, 2009 and April 7, 2010, inclusive. Compellent develops, markets, and services enterprise-class network storage solutions in the United States and internationally.
The complaint, which was filed in the United States District Court for the District of Minnesota against Compellent and certain of its officers and directors for violations of the Securities Exchange Act of 1934, alleges that defendants failed to disclose the following material adverse facts: (i) that Compellent was experiencing increasing competition which was forcing it to dramatically lower prices in order to continue to generate sales in line with internal expectations; (ii) that as a result of increased competition, the Company was being forced to raise expenditures associated with acquiring new customers far in excess of internal expectations; (iii) that Compellent was experiencing significant issues with its sales force which were further complicating and exacerbating the negative impact of slowing sales; and (iv) that, based on the foregoing, defendants lacked a reasonable basis for their positive statements about the Company, its prospects and growth.
If you purchased Compellent common stock between October 28, 2009 and April 7, 2010, you may, no later than June 14, 2010, request that the Court appoint you as lead plaintiff.
A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as lead plaintiff. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff.
If you wish to discuss this action or have any questions, please contact any member of our team: Statman, Harris & Eyrich, LLC, at 3700 Carew Tower, 441 Vine Street, Cincinnati, OH 45202, for attorney Jeffrey P. Harris or by email at
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, or by telephone at (513) 621-2666. All e-mail correspondence should make reference to the Compellent Securities Litigation.
Statman, Harris & Eyrich, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com
CONTACT:Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 621-2666
E-mail:
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Cincinnati—July 26, 2010— This Notice is being reissued regarding a class action lawsuit that was filed on July 20, 2010 by the Cincinnati law firms of Strauss & Troy and SH&E, LLC. on behalf of all persons who purchased the common stock of DJSP Enterprises, Inc. (“DJSP” or the “Company”) between March 16, 2010 and May 27, 2010, inclusive (the “Class Period”), and who suffered damages as a result. This Notice is being reissued because the initial Notice had an incorrect date for the filing of requests to be appointed lead plaintiff. The action is pending in the United States District Court for the Southern District of Florida.
The Complaint alleges that during the Class Period, DJSP and certain of its officers and/or directors (the "Defendants") violated the Securities Exchange Act of 1934 by issuing materially false and misleading statements and failing to disclose adverse facts known to them regarding the Company’s business and financial results. As a result the stock traded at artificially inflated prices during the Class Period.
On March 16, 2010, DJSP informed the investing community that “…there is no stopping this inflow of continued defaults that we anticipate to go for another two or three years….foreclosure volumes through 2012 are expected to increase dramatically.” Then on May 27, 2010, DJSP shocked the market when it lowered its guidance for adjusted net income by $15 to $17 million and for adjusted EBIDTA by $18 to $22 million. On this news, the Company’s shares fell nearly 29%, opening on May 28, 2010 at $6.33 per share.
DJSP indicated that the lowered guidance was a result of (i) the foreclosure system conversion of one of its largest bank clients which resulted in a reduction in the referral of foreclosure files; and (ii) a temporary slowdown in foreclosures due to governmental intervention programs.
Plaintiffs seek to recover damages on behalf of all individuals and entities who purchased DJSP common stock during the Class Period. If you purchased common stock between March 16, 2010 and May 27, 2010, you may, no later than September 20, 2010, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of the class members. In order to be appointed lead plaintiff, the Court must determine that you meet certain legal requirements.
If you wish to review a copy of the Complaint, discuss this action, or have any questions, please contact Richard S. Wayne, Esq., or Thomas P. Glass, Esq., Strauss & Troy, 150 East Fourth Street, Cincinnati, Ohio 45202, 800-669-9341 or by e-mail at
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or
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; or Jeffrey P. Harris, Esq., Statman, Harris & Eyrich, 3700 Carew Tower, 441 Vine Street, Cincinnati, Ohio 45202, (513) 621-2666, or by e-mail at
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.
The law firms of Strauss & Troy and Statman Harris & Eyrich are Cincinnati, Ohio law firms that have successfully represented shareholders in national securities class actions. For more information, visit Strauss & Troy’s website at http://www.strausstroy.com or Statman Harris & Eyrich’s website at http://www.statmanharris.com .
SH&E, LLC. is pleased to announce its sponsorship of ReelAbilities: NY Disabilities Film Festival. This festival is dedicated to promoting awareness and appreciation of the lives, stories and artistic expressions of people with different disabilities. The festival presents award-winning films, accompanied by discussions and other engaging programs, which bring together the community to explore, discuss and celebrate the diversity of our shared human experience.
The law firm of Statman, Harris & Eyrich, LLC announces an investigation on behalf of customers of lenders such as Wells Fargo, Bank of America, and Citibank in connection with the practices of lenders related to overcharging customers for high-priced force-placed insurance policies when lower-priced insurance with the same or better coverage is available to the lender.
The law firm of SH&E, LLC, which has significant experience in class actions, announced today that it is investigating Gerova Financial Corp. ("Gerova" or the "Company") (NYSE: GFC) for potential violations of state and federal law. Gerova operates as a property and casualty insurance and reinsurance company in Barbados, focusing primarily on life and annuity reinsurance.
The law firm of SH&E, LLC, which has extensive experience in class action litigation, announced today that it is investigating certain officers and the Board of Directors of Zoo Entertainment, Inc. (NASDAQ: ZOOG) (the “Company”) for potential violations of state and federal securities laws, on behalf of investors who purchased shares in the Company during the period May 17, 2010 through April 15, 2011.
The law firm of SH&E, LLC, which has significant experience in class actions, announced today that a class action has been filed against Almost Family Inc. (“Almost Family” or the “Company”) (NASDAQ: AFAM) for potential violations of state and federal law. The class action was filed on behalf of purchasers of stock during the period of November 4, 2009 – June 30, 2010 (the "Class Period").
CINCINNATI, April 16, 2010 - ATTORNEY ADVERTISING – SH&E, LLC and Keller Rohrback L.L.P. (www.krclassaction.com) announce that a class action is proceeding on behalf of a class of all persons who purchased Fuqi International, Inc. ("Fuqi") (Nasdaq:FUQI) common stock or other publicly traded securities between May 15, 2009 and March 16, 2010 (the "Class Period"). Fuqi, based in Shenzhen, China, designs, produces, and sells precious metal jewelry.
CINCINNATI, April 22, 2010 – ATTORNEY ADVERTISING - The class action law firm SH&E, LLC (“Statman Harris”) has commenced an investigation into possible breaches of contract and consumer protection laws by PETCO.
The law firm of Statman Harris & Eyrich, LLC, which has extensive experience in class action litigation, announced today that it is investigating certain officers and the Board of Directors of MF Global Holdings Ltd. (OTC: MFGLQ) ("MF Global or the "Company") for potential violations of state and federal securities laws, on behalf of investors who purchased shares in the Company during the period May 20, 2011 through October 28, 2011.
The law firm of Statman, Harris & Eyrich, LLC announces an investigation on behalf of consumers in connection with the practices of lenders related to force-placed insurance policies that constitute a pattern of exploitative profiteering and self-dealing against the interest of consumers.
Cincinnati, Ohio: The law firm SH&E, LLC. is investigating Glaceau for alleged false and deceptive advertising claims and breach of warranty related to its marketing, labeling, and advertising of “Vitaminwater.” Among others, Glaceau markets Vitaminwater as “vitamins + water,” as a “nutrient enhanced water beverage,” and uses the misleading name, “Vitaminwater.” In reality, the product is not solely vitamins + water, but contains a third major ingredient omitted from its advertising – sugar. Glaceau also states that the product is “healthy” on some of its labels when it is, in reality, a heavily-fortified sugary snack.
The law firm of Statman, Harris & Eyrich, LLC announces that it is investigating possible securities fraud claims on behalf of investors who suffered investment losses in Wells Timberland REIT.
The law firm of Statman, Harris & Eyrich, LLC announces that it is investigating the officers and Board of Directors of Wynn Resorts, Ltd. (“Wynn” or the “Company”) concerning possible breaches of fiduciary duty by the Company or its fiduciaries related to violations of the Foreign Corrupt Practices Act by providing improper monetary benefits to government officials in Macau.
The law firm of SH&E, LLC, which has significant experience in class actions, announced today that a shareholder lawsuit alleging securities laws violations has been commenced in the United States District Court for the Western District of Washington on behalf of shareholders who purchased the common stock of Coinstar, Inc. (“Coinstar” or the “Company”) (NASDAQ:CSTR) between October 28, 2010 and January 13, 2011, inclusive (the “Class Period”). Coinstar is a provider of automated retail business, including the Redbox® self-service DVD rental and Coinstar® self-service coin-counting brands.
The law firm of SH&E, LLC, which has significant experience in class actions, announced today that it is investigating allegations of deceptive practices relating to overdraft fees charged to debit and ATM customers by the banking industry.
Statman, Harris & Eyrich LLC uses the fully-integrated Client Profiles case and financial management system to quickly respond to client needs and handle billing and financial reporting in a fraction of the time. 
The class action law firm of SH&E, LLC announced today that it is investigating DJSP Enterprises, Inc. (“DJSP” or the “Company”) (NASDAQ: DJSP) for potential violations of state and federal securities laws. The affected stock was purchased between March 11, 2010 and May 27, 2010.
SH&E LLC, a full service business law firm with offices in Ohio, Illinois and Florida, announces that Sylvie J. Derrien has joined the firm as an associate and will be based in the firm’s Cincinnati office. Mrs. Derrien’s primary focus will be in the area of Bankruptcy and Class Action.
The class action law firm of SH&E, LLC. announced today that it is continuing its investigation of complaints against L.A. Fitness International, LLC (“LA Fitness”), Blendon Beecham Fitness, LLC dba Urban Active (“Urban Active”), and Gold’s Gym International, Inc. (“Gold’s Gym”).
The class action law firm of SH&E, LLC announced today that it is investigating Vitacost.com, Inc. (“Vitacost.com” or the “Company”) (NASDAQ: VITC) for potential violations of state and federal securities laws. The affected stock was purchased in connection with the Company’s September 2009 initial public offering.
The law firm of Statman, Harris
& Eyrich, LLC announces that it is investigating Quest Software, Inc. ("Quest"
or the "Company") concerning potential breaches of fiduciary duty by members of
its board of directors.
CINCINNATI – April 19, 2010 – ATTORNEY ADVERTISING - The class action law firm of SH&E, LLC. (“Statman Harris”) today announced that it is investigating Boston Scientific Corporation ("Boston Scientific" or the "Company") (Nasdaq:BSX) for potential violations of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). The investigation focuses on investments in Company stock in the Boston Scientific Corporation 401(k) Savings Plan (the “Plan”).
CINCINNATI, April 22, 2010 – ATTORNEY ADVERTISING - The class action law firm SH&E, LLC has commenced an investigation into possible breaches of contract and consumer protection laws by Charter Communications, Inc. Statman Harris is investigating consumer complaints about Charter Communications’ rebate programs (the “Rebate Programs”). Charter Communications’ customers have complained that, among other problems, despite complying with the terms of the Rebate Programs, they never received their rebates, the amount of the rebate was incorrect, or the materials necessary to apply for the rebate did not arrive in a timely fashion or did not arrive at all.
The class action law firm of SH&E, LLC announces its continuing investigation into the business practices of numerous sellers of male enhancement products, including but not limited to Magna-Rx, Inc.; Ironwood Labs, LLC; RMI Direct Marketing, Inc.; Hampshire Labs, Inc.; Vaquerax Laboratories; Health Research Laboratories; Male Performance Research Center and others for alleged deceptive marketing and selling of certain male enhancement nutraceuticals. These companies allegedly market and sell, among other products, dietary supplements including but not limited to Magna-Rxtra+, Magna-Rx+, VisWiss, Vicerex, Puremeds, Viver-X, Stamina RX, Vaquerax, Xomax, Procylon, Sizepro, Blue Steel, Proton Extreme, EndureRx, Libitrol, Roplex, Xcel, Viastat, Vazomyne, Orexis, and others, claiming the product will produce male erections or increase penis size. However, there is no legitimate scientific basis supporting the advertising claims.
Statman Harris & Eyrich proudly sponsors the 2011 WBA Women's Attorney Reception. 
SH&E LLC, a full service business law firm with offices in Ohio, Illinois and Florida, announces that Marc I. Fenton has joined the firm as a partner and will be based in firm’s Chicago office.
Statman, Harris & Eyrich, LLC announces that several actions filed in
federal courts against National Football League ("NFL") on behalf of former pro
football players have been centralized in the Eastern District of Pennsylvania
before the Judicial Panel on Multidistrict Litigation, In Re: National Football
League Players' Concussion Injury Litigation (the "Action"). Causes of action in filed complaints include
negligence, fraud, fraudulent concealment, negligent misrepresentation, and
conspiracy.
Statman Harris & Eyrich, LLC is pleased to announce Alan J. Statman has again been named one of 
The law firm SH&E, LLC. which has significant experience in class actions, is investigating the recruiting practices of the for-profit educational institutions owned by the Apollo Group and Corinthian Colleges for unfair and deceptive trade practices in Ohio, Kentucky, and Indiana.
The law firm of SH&E, LLC, which has significant experience in class actions, announced today that it is investigating Broadwind Energy, Inc. (“Broadwind” or the “Company”) (NASDAQ:BWEN) for potential violations of state and federal securities laws in connection with the Company’s March 12, 2010 secondary stock offering.
CINCINNATI, April 20, 2010 – ATTORNEY ADVERTISING – Statman, Harris & Eyrich, LLC, (www.statmanharris.com) announces that a class action is proceeding on behalf of a class of all persons who purchased Compellent Technologies, Inc. ("Compellent" or the “Company”) (NYSE:CML) common stock or other publicly traded securities between October 28, 2009 and April 7, 2010, inclusive. Compellent develops, markets, and services enterprise-class network storage solutions in the United States and internationally.