Lawsuit Overview
Company
Security
Case Name
Mrt Holdings LLC Case 10/09/2007
Type of Lawsuit
Shareholder Class Action
Class Period Begin
Class Period End
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Summary
<p>According to a press release dated October 11, 2007, the complaint alleges that MRT, and certain of its principals, violated the Securities Act of 1933 and the Securities Exchange Act of 1934. During the class period, defendants allegedly made false statements to the public, omitted material information about MRT’s principals, and commingled investors’ funds. The Company also failed to register itself, its selling agents or the investment contracts it offered and sold to investors.</p>