Chanticleer Holdings, Inc. Summary: According to the law firm press release, the complaint charges that Chanticleer falsely represented that the financial statements for its South African operations, accounting for a majority of Chanticleer's revenues, had been audited. In reality, they had not been audited. When Chanticleer revealed that the financial statements for its South African operations had not been audited, the NASDAQ halted trading in Chanticleer's stock and warrants.
On January 04, 2013, the Plaintiff Francis Howard was appointed to serve as lead plaintiff in this action with The Rosen Law Firm, P.A., being approved to serve as lead counsel for theproposed class.
On February 19, 2013, an Amended Class Action Complaint for Violations of the Federal Securities Laws was filed by the lead plaintiff against the defendants.
On May 17, 2013, a Notice of Voluntary Dismissal of Defendants Dawson James Securities, Inc. and Merriman Capital Inc. Pursuant To Fed. R. Civ. P. 41(A)(1)(A). On May 22, 2013, the court issued an Order Dismissing Defendants Dawson James Securities, Inc., and Merriman Capital, Inc.
SIC Code: 8742
Industry: Misc. Financial Services
WARNING AND DISCLAIMER OF LIABILITY:
The information included on this Web site, whether provided by personnel employed by Stanford Law School or by third parties, is provided for research and teaching purposes only. Neither Stanford University, Stanford Law School, nor any of their employees, agents, contractors, or affiliates warrant the accuracy or completeness of the information or analyses displayed herein, and we caution all readers that inclusion of any information on this site does not constitute an endorsement of the truthfulness or accuracy of that information. In particular, this Web site contains complaints and other documents filed in federal and state courts, which make allegations that may or may not be accurate. No reader should, on the basis of information contained in or referenced by this Web site, assume that any of these allegations are truthful.
Go to Search page | Go to Case Index page | Back to Top