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Case ID: 4202 | Stocks | 01/25/2005
A class action lawsuit has been filed in the Western District Court of Missouri against Thomas A. Brown for violations of the Investment Company Act. Class members seek compensatory damages, disgorgement of the fees paid to the investment advisors and punitive damages.
This is a national class action lawsuit on behalf of investors in open-ended mutual funds with equity securities holdings in the Century Family of Funds against the defendant directors, investment advisors and affiliates of the funds alleging that the defendants breached fiduciary duties and duties of care owed directly to the plaintiff and members of the class by failing to ensure that the funds participated in securities class action settlements for which the funds were eligible. The class consists of all persons who owned any of the funds at any time from January 10, 2003 through January 10, 2005.
At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Stocks Cases of Interest NEW ORLEANS, LA--(MARKET WIRE)—October 24, 2006 -- Kahn Gauthier Swick, LLC ("KGS") has filed the first class action lawsuit in the United States District Court for the Southern District of New York, on behalf of shareholders who purchased, exchanged or otherwise acquired the common stock of Xethanol Corp. ("Xethanol” or the "Company'') (AMEX: XNL) between January 31, 2006 and August 8, 2006 (the “Class Period”).
The parties have reached a tentative $4.5 million in a consolidated class action filed against former e-commerce business solutions provider Clarus Corporation (Nasdaq:CLRS) and certain of its officers and directors by stockholders who purchased the company's common stock between December 8, 1999, and October 25, 2000. Persons eligible take part in the settlement should contact the attorneys for the class for more information. A class action has been filed against Baxter International, Inc., a global health care products maker, (NYSE: BAX) and certain of its officers and directors by stockholders who purchased the company’s common stock between April 19, 2001 and July 21, 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 law firm press release, plaintiffs filed a class action complaint against NexCen Brands, Inc. on May 28, 2008.
Several class actions have been filed against drug company aaiPharma, Inc. (Nasdaq: AAII) and certain of its officers and directors by stockholders who purchased the company's common stock between July 23, 2003, through Feb. 4, 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 Motion to Dismiss for Failure to State a Claim was filed on May 13, 2008, by SunTrust Banks.
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