Case Page

 

Case Status:    ONGOING    
On or around 01/20/2016 (Ongoing date of last review)

Filing Date: December 03, 2013

According to the law firm press release, the Complaint alleges that during the Class Period, Defendants violated provisions of the federal securities laws by providing manipulated, fraudulent materials to investors to perpetuate a sham investment scheme that did little more than funnel money to Defendants for their personal use. As alleged in the Complaint, Defendants' elaborate deception misled Plaintiffs and other members of the class for over 10 years into investing substantial funds in a program whose purported goal was to generate significant returns at low risk.

On April 8, 2014, the Court issued an Order appointing lead plaintiffs and approving lead counsel. Lead plaintiffs filed an amended complaint on May 13. A corrected complain was filed the next day.

Lead plaintiffs filed a motion for class certification on June 12, 2014.

COMPANY INFORMATION:

Sector: Financial
Industry: Investment Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol:
Company Market: Privately Traded
Market Status: Privately Held

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. Ohio
DOCKET #: 13-CV-00883
JUDGE: Hon. Susan J. Dlott
DATE FILED: 12/03/2013
CLASS PERIOD START: 01/01/2002
CLASS PERIOD END: 07/17/2013
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Cummins & Brown LLC
    312 Walnut Street, Suite 1000, Cummins & Brown LLC, OH 45202
    513.241.6400 513.241.6464 ·
  2. Strauss & Troy
    The Federal Reserve Building, 150 East Fourth Street, Strauss & Troy, OH 45202-4018
    513.621.2120 513.241.8250 · wlwoods@strauss-troy.com
No Document Title Filing Date
COURT: S.D. Ohio
DOCKET #: 13-CV-00883
JUDGE: Hon. Susan J. Dlott
DATE FILED: 11/24/2014
CLASS PERIOD START: 01/01/2002
CLASS PERIOD END: 07/17/2013
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Cummins & Brown LLC
    312 Walnut Street, Suite 1000, Cummins & Brown LLC, OH 45202
    513.241.6400 513.241.6464 ·
  2. Strauss & Troy
    The Federal Reserve Building, 150 East Fourth Street, Strauss & Troy, OH 45202-4018
    513.621.2120 513.241.8250 · wlwoods@strauss-troy.com
No Document Title Filing Date