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Lawsuit Against Home Solutions Seeks Class Action Status

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At a glance:

A law firm is seeking class action status for a shareholder lawsuit against Home Solutions of America Inc. 
 
The company allegedly artificially inflated its share price by making misleading statements, only for insiders to sell off their shares. 
 
Home Solutions, a renovation company, denies the allegations.

Home Solutions Shares Fall on Lawsuit

MSN Money - 6/21/2006 11:29 AM

NEW YORK (AP) - Shares of home rebuilder and remodeler Home Solutions of America Inc. fell Wednesday after a law firm said it filed a federal lawsuit claiming that company officials pumped up the company's stock price.
 
The lawsuit, filed by Colchester, Conn.-based Scott & Scott LLC in the U.S. District Court for the Northern District of Texas, seeks class action status
 
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