ISR News: Heartland Class Action Lawsuit
source: http://information-security-resources.com/2009/03/13/visa-sanctions-heartland-issues-statement/
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- Paisano1
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An investor has filed a proposed class action in the US district court of New Jersey on behalf of all other investors in Heartland between August 2008 and February 2009. The complaint alleges that Heartland issued false or misleading statements and failed to disclose material adverse facts about its business, operations and prospects during that period. Heartland’s shares during that period also declined from $21.84 per share, or approximately 80%, from its high of $27.19 per share in September 2008.
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- groups:
- News and Politics, WTF, Crime
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- tags:
- News and Politics, WTF, Economy, Finance, 7 more
