Investment Fraud |

Stock Market Investment Fraud News

Tyco Lawsuit Gains Class Action Status

RSS News Feeds
Investment Fraud
Stock Market Investment Fraud
Healthsouth
Internet Stocks / Dot Com
Worlcomm
Enron
 All RSS Feeds

At a glance:

A shareholder lawsuit against Tyco International was given class-action status by a judge in New Hampshire. The suit alleges that CEO Dennis Kozlowski and CFO Mark Swartz defrauded shareholders who purchased the stock between December 1999 and June 2002. Estimates of shareholder losses reach $60 billion. 
 
The two men were convicted last year of multiple counts of fraud and conspiracy charges.

Judge grants Tyco investors class-action status

Denver Post - 6/14/2006 6:21 AM

Concord, N.H. - Former shareholders of Tyco International Ltd., whose former chief executive and chief financial officer were convicted of fraud, have been certified as a class to sue the company and its accounting firm, PricewaterhouseCoopers.
 
Judge Paul Barbadoro made the ruling Monday in securities fraud cases consolidated in U.S. District Court in New Hampshire.
 
· Read The Full Stock Market Investment Fraud Article From Denver Post -->

· Read All Stock Market Investment Fraud News Stories -->

Comments On Stock Market Investment Fraud News Articles:


No Current Comments
Posted by Admin on 3/20/2006

There are no current comments. Why not post one?

Leave a Comment:

Once you click the 'Save Comment' button, you will receive a verification email from our website. Be sure to change any spam settings to allow webmaster@lawsuitsearch.com as a trusted sender.
 
If you are already a member, you can Sign In Here.
 
You can create your own FREE user account that you can use to participate in our message boards, blogs, newsletters and other community activities such as this one. To get your FREE user account, click here.

Email Address:

Your Name:

Message Title:

Message: