Case Page

 

Case Status:    DISMISSED    
On or around 07/24/2013 (Court's order of dismissal)

Filing Date: June 12, 2012

According to the complaint, General Maritime purports to be a leading crude and products tanker company serving principally within the Atlantic basin which includes ports in the Caribbean, South and Central America, the United States, West Africa, the Mediterranean, Europe and the North Sea.

The complaint alleges that throughout the Class Period, defendants issued materially false and misleading statements and omitted material information regarding the Company's business and financial results. As a result of defendants' false statements and omissions, General Maritime stock traded at artificially inflated prices during the Class Period, reaching a high of $7.87 per share on June 11, 2010.

On September 21, 2012, the Court issued an Order consolidating cases, appointing lead plaintiff, and approving the selection of lead counsel.

On November 15, 2012, the Plaintiffs filed their Consolidated Amended Class Action Complaint.

COMPANY INFORMATION:

Sector: Transportation
Industry: Water Transportation
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: GMR
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. New York
DOCKET #: 12-CV-04599
JUDGE: Hon. Alison J. Nathan
DATE FILED: 06/12/2012
CLASS PERIOD START: 05/10/2010
CLASS PERIOD END: 11/16/2011
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A. (Garden City)
    585 Stewart Avenue, Suite 304, Rigrodsky & Long, P.A. (Garden City), NY 11530
    (516) 683-3516 ·
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 12-CV-04599
JUDGE: Hon. Alison J. Nathan
DATE FILED: 11/15/2012
CLASS PERIOD START: 05/10/2010
CLASS PERIOD END: 11/16/2011
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Law Offices of Marc S. Henzel
    5 431 Montgomery Avenue, Suite B, Law Offices of Marc S. Henzel, PA 19066
    610-660-8000 ·
  2. Rigrodsky & Long, P.A. (Garden City)
    585 Stewart Avenue, Suite 304, Rigrodsky & Long, P.A. (Garden City), NY 11530
    (516) 683-3516 ·
  3. Ryan & Maniskas, LLP
    995 Old Eagle School Rd., Ste. 311, Ryan & Maniskas, LLP, PA 19087
    (484) 588-5516 (484) 450-2582 ·
  4. Wolf Haldenstein Adler Freeman & Herz LLP (New York)
    270 Madison Avenue, Wolf Haldenstein Adler Freeman & Herz LLP (New York), NY 10016
    212.545.4600 212.686.0114 · newyork@whafh.com
No Document Title Filing Date