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Case Status:    SETTLED
On or around 03/17/2015 (Date of order of distribution of settlement)

Filing Date: October 12, 2012

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.

On September 17, 2013, the Court issued Order denying a Motion to Dismiss; granting in part and denying in part a Motion to Dismiss for Failure to State a Claim; and denying a Motion for More Definite Statement.

COMPANY INFORMATION:

Sector: Financial
Industry: Misc. Financial Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: HOTR
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. Florida
DOCKET #: 12-CV-81123
JUDGE: Hon. James I. Cohn
DATE FILED: 10/12/2012
CLASS PERIOD START: 06/21/2012
CLASS PERIOD END: 09/10/2012
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm P.A. (New York)
    275 Madison Avenue, 34th Floor, The Rosen Law Firm P.A. (New York), NY 10016
    (212) 686-1060 (212) 202-3827 ·
No Document Title Filing Date
COURT: S.D. Florida
DOCKET #: 12-CV-81123
JUDGE: Hon. James I. Cohn
DATE FILED: 02/19/2013
CLASS PERIOD START: 06/21/2012
CLASS PERIOD END: 09/10/2012
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm P.A. (New York)
    275 Madison Avenue, 34th Floor, The Rosen Law Firm P.A. (New York), NY 10016
    (212) 686-1060 (212) 202-3827 ·
No Document Title Filing Date