-
If you purchased a significant amount of shares of this company you have certain options and for certain investors are short and strict deadlines running. Investors should contact the Shareholders Foundation, Inc.
-
To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Lawsuit Overview
Company
Security
NASDAQ: GMST
Case Name
Gemstar-TV Guide International Inc. Case 04/03/2008
Type of Lawsuit
Shareholder Class Action
Court of Filing
Ninth Circuit U.S. Court of Appeals
You must register or login to receive notifications.
Summary
<p>The Ninth Circuit U.S. Court of Appeals for ruled Tuesday former chief executive of Gemstar-TV Guide International Inc. has to pay one of the highest fines ever sought for accounting fraud by the U.S. Securities and Exchange Commission, a $22 million fine stemming from charges he defrauded investors and caused the value of the company’s stock to fall by $3 billion in a single day.</p>