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Welcome to The Shareholders Foundation

This site is designed to be a fast and efficient way to manage and retrieve information about lawsuits and settlements affecting shareholder investments. We monitor and provide the latest news, lawsuit, investigation, and settlement information.

Shareholders Foundation website overview:

The goal of this website is to provide investors and researchers access to all of the relevant case, company, and sec information affecting shareholders investments. Whether your goal is to to find out more information about a particular investment or you would like to get involved, The Shareholders Foundation has the tools to help you. We spent the last year compiling information and building tools that investors could use to help them stay on top of there portfolio.

Some of these tools include, a new notifications system that allows investors to pick and choose the companies, cases or even the specific securities that they would like to follow. Notifications are sent to investors when any company, news, or case information affecting the investor, is posted to the website.

We provide investor options regarding existing and proposed class action lawsuits. Through the help of an attorney network we are able to provide investors with an overview of there options with respect to all of the existing lawsuits and investigations, not just the ones that might benefit a particular law firm.

The investment inquiry form has been re-worked and now acts as a live monitor for your investments present value. Once a form is submitted for review the information is scrubbed and available for the user to view via the new account overview options that were design for investors. The investment inquiry is attached to the investors overview page and contains the current ROI information about the investment, a detailed view of the investment transactions and any updates or follow-up notes about that particular investment from The Shareholders Foundation.

In the new investor overview page we also provide a list of all pending and past cases that would affect your investment based on the transaction information provided.

Companies:

To find information about your investment or a company, go to the “Company Search” menu item. There you will find an alphabetized list of all the companies that we are currently tracking. You will also find a field where you can type in the company you are searching for to help finding the right company more efficient. Select your company from the list by clicking on it. This will take you to the companies overview page where you can see the different articles and documents organized by topic. Simply click on the article from the list to read it in full.

In each of the companies overview pages you will find a list of current investigations and current cases if there are any to display. Clicking on any of these cases or case investigations, will take you to the case or case investigation page, where you can see all of that case or case invetigation information.

Case Filings:

If you are interested in finding the latest case filings, they are listed in chronological order under the “Case Filings” menu tab. You may filter your search by "type" of case filed, and you will find important deadlines information for getting involved on this page.

Deadlines:

If you are interested in finding the latest case filing or settlement deadliness, they can be found by clicking on the “Deadlines” menu item.

Settlement:

Similar to the case filing information, you can find all of the latest settlement information under the “Case Settlements” menu item. this page has all of the cases that we track that have settled in the last 3 years listed. The shareholders Foundation offers a settlement filing service to assist you in retrieving your portion of any settlements. Please let us know if any of your investments show up on our settlement list, we would be happy to help you participate.

News and Press:

The “News and Press” tab is exactly that. If you click on the “News and Press” tab, it will give you a complete chronological listing of all of the related articles that appear in the “News and Press” tab subcategories. If you hold you mouse over the “News and Press” tab you will see a list of subcategories. Selecting any of these will drill down through the news and press information, and return a chronologic list of the articles related to the subcategory that you selected.

Logging in:

You may login and manage your account in the top left corner of the web page. You will not have access to any custom tools or your profile if you are not logged in. Becoming a member takes less than a minute and does not require any personal information, you will then have access to our custom tracking tools so you can manage your investment portfolio more completely.

If you don’t see you company in our index and would like help or advice please contact us we are alway looking to add information and make the list more complete. Our experts are always available to answer questions.

Countrywide Mortgage-Backed Securities Certificate Investor Lawsuit - An investor has filed a lawsuit in the United States District Court for the Central District of California on behalf of investors of certain mortgage-backed securities (Alternative Loan Trust Certificates issued by CWALT, Inc., certain CWABS Asset-Backed Trust Certificates issued by CWABS, Inc., certain CHL Mortgage Pass-Through Trust Certificates issued between 2005 and 2006 by CWMBS, Inc., and certain CWHEQ Revolving Home Equity Loan Trusts and Home Equity Loan Trusts issued by, CWHEQ, Inc.) sponsored by affiliates of Countrywide Financial Corporation and its wholly-owned subsidiary Countrywide Home Loans, Inc. and related trusts, issued between 2005 and 2007.
infoGROUP, Inc. Board Under Investigation - The investigation by la aw firm focuses on potential breaches of fiduciary duty and other violations of state law arising out of the attempt to take over infoGROUP Inc (Public, NASDAQ:IUSA) by CCMP Capital.
Medivation, Inc. Investor Files Lawsuit Over Alleged Securities Laws Violations - The plaintiff alleges that Medivation, Inc. and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between July 17, 2008 and March 2, 2010 false and misleading statements regarding its drug Dimebon.
Ormat Technologies, Inc. Hit by Investor Lawsuit - The plaintiff alleges that Ormat Technologies, Inc and certain of its executive officers violated federal securities laws by knowing or recklessly disregarding between May 6, 2008 and February 24, 2010 that their public statements concerning Ormat Technologies, Inc's business, operations and prospects were materially false and misleading.
RCN Corporation Board of Directors Under Investigation - The investigation by la aw firm focuses on potential breaches of fiduciary duty and other violations of state law by the Board of Directors of RCN Corp. arising out of their attempt to sell RCN Corporation to an investment fund managed by ABRY Partners.
Shareholders Foundation Announces Investor Lawsuit Against Bare Escentuals, Inc. Board - On January 15, 2010, Bare Escentuals, Inc. (Nasdaq:BARE - News) and Shiseido Co., Ltd. announced that they have entered into a definitive agreement pursuant to which Shiseido Co., Ltd. will acquire Bare Escentuals for approximately US$1.7 billion through an all-cash tender offer and second-step merger.
St. Jude Medical, Inc. under Investigation - According to the investigation by a law firm the investigation on behalf of investors in St. Jude Medical, Inc. (Public, NYSE:STJ) focuses on potential violations of the federal securities laws by St. Jude Medical, Inc. (NYSE: STJ) based on whether a series of statements regarding St. Jude business, its prospects and its operations were materially false and misleading at the time they were made.
Pride International, Inc. Under Shareholder Investigation Over Alleged Corruption Practices - The Investigations reportedly show evidence of among others, close to $1 million in payments made to government officials in Venezuela and Mexico between 2003 and 2005.
UCBH Holdings, Inc. 8.50% Non-Cumulative Perpetual Convertible Series B Investors Investigation - UCBH Holdings announced on May 12, 2009, that UCBH was delaying the filing of its Quarterly Report with the Securities and Exchange Commission for the 2009 fiscal first quarter and, as a result of an ongoing assessment of the adequacy of its allowance for loan losses, additional general reserve provisions to its allowance for loan losses were possible, and that any additional provisioning would further increase its net loss for the quarter ended March 31, 2009.
CKE Restaurants, Inc. Investor Files Lawsuit Against Takeover - According to the complaint the plaintiff alleges breaches of fiduciary duty arising out of the attempt to sell CKE Restaurants, Inc. (NYSE:CKR) to Thomas H. Lee Partners.
Kingsway Financial Services Inc. (USA) under Shareholder Investigation - The investigation on behalf of Kingsway Financial Services Inc. (USA) (Public, NYSE:KFS) investors focuses on the following events: On October 19, 2009, Kingsway Financial Services Inc disclosed that it had disposed of its entire interest in Walshire General Insurance Company, the sole shareholder of Lincoln General, by donating 100% of the stock of Walshire General Insurance Company to a number of charity groups.
Facet Biotech Corporation Board Under Investigation - The investigation by la aw firm focuses on potential breaches of fiduciary duty and other violations of state law by the Board of Directors of Facet Biotech arising out of their attempt to sell Facet Biotech Corporation to Abbott.
Rhonda Breard Investors Victims of Fraud - Rhonda Breard, a Kirkland broker, has been under investigation by law firms since millions of her clients' dollars went missing. Breard has built her career on targeting mostly wealthy clients. But Ms. Breard may have converted $8.31 million from more than 20 ING clients for her own personal use and to maintain an extremely lavish lifestyle at the expense of her investors.
Electronic Game Card, Inc. Investors Files Lawsuit Against EGMI - An investor in Electronic Game Card, Inc. (Public, OTC:EGMI) filed a lawsuit in United States District Court for the Central District of California on behalf of all persons who purchased or otherwise acquired securities of Electronic Game Card, Inc. (OTCBB.EGMI) between April 5, 2007 and February 19, 2010.
SouthWest Water Company Board Under Investigation - SouthWest Water Co. attempts to sell SouthWest Water Company (NASDAQ:SWWC) to institutional investors. SouthWest Water Company, located in Los Angeles, California, operates and maintains water and wastewater infrastructure.
Terra Industries Inc. Investor Files Lawsuit Against TRA Board of Directors - A lawsuit has been filed in Iowa State Court on behalf of current investors in Terra Industries Inc. (Public, NYSE:TRA), who purchased their TRA shares before February 15, 2010, over alleged breach of their fiduciary duties.
RiskMetrics Group, Inc. Board Under Shareholder Investigation - On March 10, 2010, RiskMetrics Group, Inc. (NYSE: RISK) and MSCI Inc. (NYSE: MXB) announced that they have entered into a definitive merger agreement whereby MSCI Inc. (“MSCI”) will acquire RiskMetrics Group, Inc. (“RiskMetrics”) in a cash and stock transaction valued at $21.75 per share based on MSCI’s closing price of $29.98 per share on Friday, February 26, 2010.
Smith International, Inc. Investor Files Lawsuit Over Alleged Breach of Fiduciary Duty - On Sunday, February 21, 2010 Smith International, Inc. (NYSE: SII) and Schlumberger Ltd (NYSE: SLB) announced a definitive merger agreement in which the companies would combine in a stock-for-stock transaction under which Smith International, Inc shareholders (SII) will receive 0.6966 shares of Schlumberger Ldt (SLB) in exchange for each Smith International (SII) share or based upon....
Bowne & Co., Inc. Board of Directors Subject of Investigation - According to one investigation by a law firm “the transaction appears to be unfair” to current investors of Bowne & Co., Inc. (NYSE:BNE) because the “offer to purchase Bowne & Co., Inc. (BNE) at a value of $11.50 per share appears opportunistically timed to take advantage of the current economic downturn” and is “grossly unfair, inadequate, and substantially below the fair or inherent value of BNE”.
CKE Restaurants, Inc. Board of Directors Subject of Investigation - According to one investigation by a law firm “the transaction appears to be unfair” to current investors of CKE Restaurants, Inc. (Public, NYSE:CKR) because the offer is “grossly unfair, inadequate, and substantially below the fair or inherent value of CKE”.