Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Announces Securities Fraud Class Action Against First Alliance Corp.SEATTLE--(BUSINESS WIRE)--June 4, 1999-- The following notice is issued by the law firm of Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , Milstein, Hausfeld & Toll, P.L.L.C., who filed a lawsuit in the United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. for the Central District of California on behalf of purchasers of the Class A common stock of First Alliance Corporation (Nasdaq:FACO FACO Final Assembly and Check Out FACO Fellow, American Chiropractic Orthopedists FACO Fabrication, Assembly & Check Out ) between April 24, 1997 and May 27, 1998 inclusive (the "Class Period"). The complaint asserts claims against First Alliance and certain of its officers and directors for violations of the Securities Exchange Act of 1934. The lawsuit alleges FACO and certain of its officers and directors engaged in material misrepresentations and omissions during the Class Period concerning, among other things, its operating results and business prospects. In addition, the lawsuit alleges that certain directors and officers of FACO sold FACO stock at inflated prices, reaping over $90 million in improper proceeds. In response to stunning, previously undisclosed, announcements concerning FACO's fraudulent The description of a willful act commenced with the Specific Intent to deceive or cheat, in order to cause some financial detriment to another and to engender personal financial gain. activities, the stock fell to below $9.50 per share -- a decline of 60% from its Class Period high. Plaintiff seeks to recover losses suffered by investors who bought FACO securities during the Class Period. The plaintiff is represented by several law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
When a person begins a civil lawsuit, the person enters into a process called litigation. pending in federal and state courts throughout the nation. The firm has taken a lead role in numerous cases on behalf of defrauded investors, and has been responsible for a number of outstanding recoveries which, in the aggregate, total hundreds of millions of dollars. The firm has offices in Washington, D.C., and Seattle. If you have any questions about this notice, the lawsuit, or with regard to your rights, please contact any one of the following: Steven J. Toll (stoll@cmht.com), Matthew Ide (mide@cmht.com) or Emma Larson (elarson@cmht.com), at 888/240-1238 or 206/521-0080, 999 Third Avenue, Suite 3600, Seattle, Washington  This page is protected from moves until disputes have been resolved on the .The reason for its protection is listed on the protection policy page. 98104. |
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