AI
Thursday, November 05, 2009 7:56:18 PM
Written by ckirbygo:
IMO, the lawsuit had major problems with it and Siegel brought its defects to the attention of Rosen. I believe no Amended Complaint will be filed and the lawsuit will be dismissed.
This is great news for Longs. I believe Rosen has seen the 10K. I believe the parties all sat down yesterday and reached this stipulation. Congrats. Just like the reverse split. Poof. Bye Bye lawsuit
They’re going to merge the two class action lawsuits into one lawsuit.
Orlan et al v. Spongetech Delivery Systems, Inc. et al
Assigned to: Judge John G. Koeltl
Related Case: 1:09-cv-08616-JGK
Le et al v. Spongetech Delivery Systems, Inc. et al
Assigned to: Judge John G. Koeltl
Related Case: 1:09-cv-09037-JGK
The Judge wants them to pick a lead plaintiff and lead attorney.
Once the Judge approves the lead plaintiff and lead attorney -- an amended complaint will be filed.
IMO, the lawsuit had major problems with it and Siegel brought its defects to the attention of Rosen. I believe no Amended Complaint will be filed and the lawsuit will be dismissed.
This is great news for Longs. I believe Rosen has seen the 10K. I believe the parties all sat down yesterday and reached this stipulation. Congrats. Just like the reverse split. Poof. Bye Bye lawsuit
They’re going to merge the two class action lawsuits into one lawsuit.
Orlan et al v. Spongetech Delivery Systems, Inc. et al
Assigned to: Judge John G. Koeltl
Related Case: 1:09-cv-08616-JGK
Le et al v. Spongetech Delivery Systems, Inc. et al
Assigned to: Judge John G. Koeltl
Related Case: 1:09-cv-09037-JGK
The Judge wants them to pick a lead plaintiff and lead attorney.
Once the Judge approves the lead plaintiff and lead attorney -- an amended complaint will be filed.
Of course _ all is IMO
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
