![]()
The Private Securities Litigation Reform Act of 1995 directs Courts to assume that the class member(s) with the “largest financial interest” in the outcome of the case will best serve the class in this capacity. A Lead Plaintiff is a representative, chosen by the Court, which acts on behalf of other class members in directing the litigation. ![]() ![]() If you purchased NutriSystem securities during the Class Period, you may, no later than December 10, 2007, move to be appointed as a Lead Plaintiff in this class action. In response to this announcement, the price of NutriSystem common stock fell $15.98 per share, or approximately 34%, to close at $31.59 per share, on extremely heavy trading volume. Marie osment class actio for lying about nutri system full#As a result, the defendants lacked a reasonable basis for their positive statements about the Company and its prospects, which artificially inflated NutriSystem stock to Class Period highs exceeding $70 per share.Īmazon Lawsuit - Class Action Lawsuit AmazonĪfter the markets closed on October 3, 2007, the Company announced its preliminary third quarter 2007 results and revised earnings guidance for the full year of 2007. According to the Complaint, defendants issued materially false and misleading statements that misrepresented and/or failed to disclose that: (a) the Company had been signing up fewer new customers and was not performing according to internal expectations (b) the Company’s costs of acquiring new customers were significantly increasing and (c) the Company’s performance had been negatively impacted by competition from other weight loss products on the market. Specifically, the Complaint alleges that NutriSystem and certain of its officers and directors (“defendants”) violated federal securities laws while at the same time defendants and other insiders sold over $19.5 million in their personal holdings of NutriSystem stock. The Complaint alleges that during the Class Period, defendants violated the federal securities laws by issuing materially false and misleading statements contained in press releases and filings with the Securities and Exchange Commission. (“NutriSystem” or the “Company”) (NASDAQ:NTRI) between Februthrough October 4, 2007, inclusive (the “Class Period”). announces that a securities class action lawsuit was commenced in the United States District Court for the Eastern District of Pennsylvania, on behalf of purchasers of the common stock of NutriSystem, Inc. You can become a member, create a memorial, submit data, add flowers, add photos and search our database at no charge.PHILADELPHIA – LAWFUEL – The Class Actions Newswire – The law firm of Spector, Roseman & Kodroff, P.C. Sysoon also contains listings for thousands of celebrity graves, making it the premier online destination for tombstone tourists. ![]() You can even leave 'virtual flowers' on the memorials you visit to complete the online cemetery experience. ![]() Sysoon memorials are rich with content, including dates, photos and bios. With millions of names, it's an invaluable tool for genealogists and history buffs. Marie osment class actio for lying about nutri system free#Sysoon is a free resource for finding the final resting places of famous folks, friends and family members. Find a grave Wish you knew where Richard Nixon was buried? How about your great-grandfather? ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |