Current Investigations

On February 25, 2013 Vitamin Shoppe announced lackluster financial results for Vitamin Shoppe's fiscal and fourth quarter 2012. In response, VSI stock price fell $11.86 per share, or more than 18.76% that day.  This securities fraud class action addresses the question of whether senior executives mislead shareholders about the business prospects.

The board of directors of Crimson Exploration, Inc. (CXPO) announced it entered into a merger agreement whereby it will be acquired by Contango Oil & Gas Company in a transaction valued at approximately $146 million. Under the terms of the Crimson Exploration merger agreement, Crimson Exploration shareholders will receive 0.08288 shares of Contango for each share of Crimson they own. Based upon Contango’s closing stock price of $38.50 on April 29, 2013, Crimson shareholders would have received consideration valued at approximately $3.19 per share.

During late summer 2011, Autoliv shareholders saw the company shed almost $1.89 billion from the yearly high on news of ongoing criminal investigations into Autoliv's antitrust violations.  Were federal securities laws violated?

The board of directors of MPG Office Trust, Inc. (MPG) announced it entered into a merger agreement whereby it will be acquired by Brookfield Office Properties, Inc. in a transaction valued at approximately $180 million. Under the terms of the MPG Office Trust merger agreement, MPG shareholders will receive $3.15 per share in cash for each share of MPG Office Trust they own.

The board of directors of Buckeye Technologies (BKI) announced it entered into a merger agreement whereby it will be acquired by Georgia-Pacific, LLC in a transaction valued at approximately $1.5 billion. Under the terms of the Buckeye Technologies merger agreement, BKI shareholders will receive $37.50 per share in cash for each share of Buckeye Technologies they own.

MEMSIC shareholders are set to receive $4.255 in cash for each share of MEMS stock they own if the proposed merger is consummated.  What do you think?  Fair?

The board of directors of Fisher Communications (FSCI) announced it entered into a merger agreement whereby it will be acquired by Sinclair Broadcast Group, Inc.  Under the terms of the merger proposal, FSCI shareholders will receive $41.00 per share in cash for each share of Fisher Communications they own.  Is $41 per share fair to FSCI shareholders?

The Board of Directors of GAIN Capital Holdings, Inc. (GCAP) announced that it received a proposal to be acquired by FXCM Inc.  The proposed acquisition values GAIN Capital Holdings at approximately $210 million.  Under the proposed merger terms, each GCAP shareholder would receive 0.3996 shares of FXCM Class A common stock for each share of GAIN common stock.

Navistar shareholders lost big when senior executives announced in August, 2012 that Navistar was abandoning its proprietary engine design to reduce emissions from its heavy duty diesel trucks.  This announcement came after Navistar spent two years assuring shareholders that the company was on track to finish developing its proprietary engine design.  This securities fraud investigation seeks to determine if executives misled shareholders about the engine design to artificially inflate Navistar stock price.