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American Pacific Corporation Message Board

jmike1131 2 posts  |  Last Activity: Mar 6, 2014 11:42 AM Member since: Jul 27, 2013
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  • Shareholder rights law firm Johnson & Weaver, LLP has commenced an investigation into whether certain officers and directors of Ruby Tuesday, Inc. violated state or federal laws. Ruby Tuesday and its subsidiaries owns, develops, operates, and franchises a chain of casual dining restaurants in the United States, Guam, and internationally under the Ruby Tuesday brand.

    Specifically, the investigation will center on statements issued by Ruby Tuesday between April 10, 2013 and July 24, 2013. During this period, a series of statements were issued by Ruby Tuesday regarding its business, operations, valuation and prospects. Our investigation will determine if these statements were known to be materially false and misleading at the time they were made.

    After the market closed on July 24, 2013, Ruby Tuesday, reported its fourth quarter and fiscal 2013 results. The Company reported that its total revenue declined from over $1.31 billion for the 53 week period that ended on June 5, 2012 to over $1.25 billion for the 52 week period that ended on June 4, 2013 and that its respective net loss increased from $0.19 million to $39.41 million. On this news the stock dropped 14% the next trading day, July 25, 2013. As of February 19, 2014 Ruby Tuesday’s shares are down nearly 40% since the July 24, 2013 earnings announcement.

    If you are a shareholder of Ruby Tuesday and interested in learning more about the investigation or your legal rights and remedies or you have information that could assist in this investigation, please contact lead analyst Jim Baker at 619-230-0063 Ext.118.

    Johnson & Weaver, LLP is a nationally recognized shareholders’ rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Attorney advertising. Past results do not guarantee future outcomes.

  • Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether certain officers and directors of IPC The Hospitalist Company, Inc. (IPCM) violated state or federal laws.

    On December 9, 2013, it was announced by the U.S. Department of Justice that it had intervened in a lawsuit that alleges that IPC submitted false claims to federal health care programs. The lawsuit contends that IPC physicians sought payment for higher and more expensive levels of medical service than were actually performed, a practice commonly referred to as “upcoding”. The original lawsuit was originally filed by Dr. Bijan Oughatiyan, a former IPC physician, under the qui tam, or whistleblower, provisions of the False Claims Act. The provisions permit private parties to sue for false claims on behalf of the government and to share in any recovery.

    This investigation will determine whether shareholders were harmed by officers and directors of IPC and breached their fiduciary duties owed to the Company and its shareholders in connection with the false claims allegations.

    If you are a shareholder of IPC and believe: 1) damage was caused to the Company, and 2) officers or directors are responsible for the damage and should be held liable rather than the Company and its shareholders, please contact lead analyst Jim Baker at 619-230-0063, Ext.118.

    Johnson & Weaver, LLP is a nationally recognized shareholders’ rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits.
    Contact:
    Johnson & Weaver, LLP
    619-230-0063, Ext. 118

APFC
46.470.00(0.00%)Feb 26 4:00 PMEST

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