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Several class actions have been filed against computer entertainment company Activision, Inc. (Nasdaq:ATVI) and certain of its officers and directors by stockholders who purchased the company's common stock between February 1, 2001, and December 17, 2002. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities.

Several class actions have been filed against electric utility Gexa Corporation (Nasdaq:GEXA) and certain of its officers and directors by stockholders who purchased the company's common stock between August 14, 2003, and March 30, 2004. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities.

A class action has been filed against Doral Financial Corporation (NYSE:DRL), certain of its officers and directors by stockholders who purchased the company's common stock between January 17, 2001 and April 18, 2005. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. The stockholders seek to recover compensatory damages for the loss of value of their stock.

A class action has been filed in the Northern District Court of Illinois against Office Max Inc, (NYSE:OMX) a multinational contract and retail distributor of office supplies, paper, technology products and office furniture, and certain of its officers and directors by stockholders who purchased the company's common stock between November 9, 2004 and January 11, 2005. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. The stockholders seek to recover compensatory damages for the loss of value of their stock.

Several class action lawsuits have been filed against global relocation services provider Sirva, Inc., (NYSE: SIR) and certain of its officers and directors by stockholders who purchased the company’s common stock between November 24, 2003 and November 9, 2004. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company’s securities. The stockholders seek to recover compensatory damages for the loss of value of their stock.

According to a recent news story, plaintiffs filed a class action against Apple, Inc., its CEO, CFO, former general counsel and certain board members for participating in a scheme to file false financial statements, thereby concealing millions of dollars in executive compensation though the backdating of stock option grants.