RSS Liquid Claims Settlements

  • LHC Group, Inc.
    LHC Group, Inc. Securities Settlement The lawsuit was settled for $7.85 million in cash on June 16, 2014. The following is a summary of the proceedings in the lawsuit: ‘This Litigation alleges that LHC Group, Inc. and its Chief Executive Officer violated the federal securities laws by making false and misleading statements in certain press […]
  • Velti plc
    Velti plc. Securities Settlement The lawsuit was settled for $9.5 million in cash. The following is a summary of the proceedings in the lawsuit: ‘The Class Action alleges that Velti, certain of its current and/or former officers and directors (the Individual Defendants) and Velti former auditor, Baker Tilly, committed violations of the antifraud provisions of […]
  • The Great Atlantic & Pacific Tea Company, Inc. (2011)
    The Great Atlantic & Pacific Tea Company, Inc. Securities Settlement The lawsuit was settled for $9 million in cash. The following is a summary of the proceedings in this lawsuit: ‘This Action was commenced on September 9, 2011 with the filing of an initial complaint in the United States District Court for the District of […]
  • Solta Medical Inc
    Solta Medical Inc Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in the lawsuit: ‘On December 16, 2013, Valeant Pharmaceuticals International, Inc. (Valeant) and Solta Medical, Inc. (Solta) announced that they had entered into an Agreement and Plan of […]
  • Caribou Coffee Company, Inc.
    Caribou Coffee Company, Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement. The following is a summary of the proceedings in the lawsuit: ‘The Action arises out of a merger agreement between and among Caribou and JAB pursuant to which JAB agreed to acquire all of the outstanding shares of […]
  • Taylor Capital Group, Inc.
    Taylor Capital Group, Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in this lawsuit: ‘On July 15, 2013, TCG and MB announced that they had entered into a definitive merger agreement (Merger Agreement), pursuant to which, subject to […]
  • Verdasys, Inc.
    Verdasys, Inc. Securities Settlement Verdasys Inc is a private company so there are no security identification numbers for Verdasys Inc. common or preferred stock. The lawsuit was settled for $1.05 million in cash. The following is a summary of the proceedings in the lawsuit: ‘Verdasys is a computer security software company with executive offices in […]
  • Affymax Inc
    Affymax Inc Securities Settlement The lawsuit was settled for $6.5 million in cash. The following is a summary of the proceedings in this lawsuit: ‘The Court handling this Action is the United States District Court for the Northern District of California, and the case is known as Bartelt v. Affymax, Inc., Case No. 3:13 CV […]
  • Rochester Medical Corp.
    Rochester Medical Corp. Securities Settlement The lawsuit was settled for additional disclosures n the proxy statement. The following is a summary of the proceedings in the lawsuit: ‘On September 4, 2014, RMC announced that it had entered into a definitive Agreement and Plan of Merger, dated September 3, 2013 (the Merger Agreement), with C.R. Bard […]
  • NTS Inc.
    NTS Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in the lawsuit: ‘On October 21, 2013, NTS and Tower Three announced that they had entered into a definitive merger agreement (the Merger Agreement) pursuant to which Tower Three […]

RSS Value Investing

RSS Elite Forex Blog

  • State Street forex settlement is notch in belt for Madoff whistleblower
    The U.S. government finally heard Madoff whistleblower Harry Markopolos loud and clear.Markopolos, and his whistle-blower group Associates Against FX Insider Trading, were key players in a $530 million settlement announced Wednesday against State Street Bank and Trust Company for allegedly cheating several government bodies on the pricing of their foreign exchange transactions. Markopolos declined to […]
  • What If Brexit Doesn't Happen?
    SummaryThere's an unlikely, but possible scenario in Britain, where politicians would not enact article 50.If Britain doesn't Brexit - what would happen? A GBP reversal?Confusion exists about where politicians stand on this issue.Something not talked about in the mainstream financial news - the nuances of Brexit. The markets seem to think that Brexit is a […]
  • EES: The Forex Monopoly
    Forex is a Monopoly, controlled by a small 'cartel' of big banks.  That's changing, and changing fast - as a number of non-bank FX participants are replacing the traditional 'big 12.'  As we explain in Splitting Pennies - the fact remains, if a small group of companies controlled and manipulated the price of any other market, […]
  • EES: What investors need to know about USAs FOREX rules
    US lawmakers dropped a nuclear bomb on the Forex industry called "Dodd-Frank" which implemented a series of rules and regulations that killed all life in the budding Forex industry, in USA.  We explain this is detail in Splitting Pennies - Understanding Forex; the rules are widely misunderstood, and widely catastrophic for trading Forex.  You can read […]
  • EES: Everyone is a Forex investor
    Whether you know it or not, everyone is a Forex investor.  As we explain in Splitting Pennies - Understanding Forex - just by going grocery shopping, you're trading Forex.  If you use US Dollars, you are trading Forex.  If you have a savings account based in US Dollars, you are investing in Forex.Brexit was a great example […]
  • HSBC Global Head Of FX Cash Trading Arrested At JFK Airport
    A historic event took place moments ago when Mark Johnson, the global head of cash FX at HSBC was arrested at JFK airport for his role in a "conspiracy to rig currency benchmarks", and specifically for frontrunning customer orders. He is the first person charged by the US in the ongoing FX rigging probe.As Bloomberg reports, […]
  • 8 Types of Investors That Entrepreneurs Need to Avoid
    Don’t assume that all investors are the same, just because their money is always the same color. Every entrepreneur should do the same due diligence on a potential investor that smart investors do on their startups. Check on their track records, values and management style. Taking on an investor is a long-term relationship, like getting married, […]
  • How To Legally Steal $35,000 From Vladimir Putin
    Submitted by Simon Black via SovereignMan.com,Jim Rogers told me to come here.We were having dinner a few weeks ago in Singapore, and Jim had just returned that morning from Russia full of optimism for the improving economy.I had been meaning to come back here anyhow to scout out private equity deals.But after hearing Jim’s take […]
  • Dutch Central Bank Prepares its Boldest Blockchain Experiment Yet
    The central bank of the Netherlands is preparing an ambitious experiment aimed at discerning if an entire financial market can be built on a blockchain.While many so-called smart contract applications of blockchains can be replicated using existing technology, the man in charge of a series of experiments conducted by De Nederlandsche Bank says the distributed nature of […]
  • A Computerized Trader Just Beat Banks in Top Currency Ranks
    Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the rankings of the world’s biggest spot currency traders.The London-based proprietary trader is now the fourth biggest, accounting for 7.6 percent of spot foreign exchange -- a subset of the overall currency market. It’s the first time an […]