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tripplevy12 2 posts  |  Last Activity: 16 hours ago Member since: Sep 11, 2014
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  • Tripp Levy PLLC a leading national securities and shareholder rights law firm announces that it is investigating Eddlie Lampert and the senior management of Sears for potentially breaching their fiduciary duties to shareholders. Yesterday Sears announced that it would borrow up to $400 million from groups affiliated with CEO and Chairman Eddie Lampert's ESL Investments Inc.

    As collateral Sears is giving ESL first priority liens on 25 locations. That values the stores at $16 million apiece for the purposes of this loan. In reality Sears has been selling properties for anywhere between $20 and $50 million for the last few years.

    Lampert will collect either $10 million in interest or his pick of 25 stores that could easily be worth more than half a billion.

    If you are a shareholder of Sears and would like further information regarding this investigation and how you and other shareholders may recover damages at no cost or expense please contact us toll free at 1-899-511-7037 or visit our website at tripplevy

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  • SHAREHOLDER LAWSUIT AGAINST BOARD FOR FAILURE TO NOTIFY SHAREHOLDERS
    NEW YORK, Sept. 9, 2014 / -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, is investigating potential corporate wrongdoing by the Board of Directors of Home Depot Inc. (HD), including whether the Board has breached its fiduciary duties to its shareholders.

    On September 2, 2014, Brian Krebs, an independent security expert disclosed on his online blog that Home Depot's payment data systems may have been breached because multiple banks were seeing evidence that "a massive new batch of stolen credit and debit cards" went on sale that were linked to Home Depot stores.

    It was not until September 8, 2014 when Home Depot confirmed its payment data systems were breached at nearly 2,200 U.S. and Canadian stores in a cyber-attack that may have occurred in April.

    If you are a shareholder of Home Depot and would like additional information regarding this matter and how the lawsuit may benefit you at no cost or expense please contact us toll free at 1-800-511-7037 or visit our website at tripplevy

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