Archive for July, 2015

ITG Shareholder Alert – Investors encouraged to contact law firm

ITG ALERT: National Securities Law Firm Announces Investigation of Potential Securities Claims Against Investment Technology Group, and Encourages Investors With Losses to Contact Law Firm for More Information

July 30, 2015
New York, New York

Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating potential securities claims on behalf of investors of Investment Technology Group Inc. (NYSE: ITG) resulting from allegations that Investment Technology Group may have issued materially misleading business information to the investing public.

On July 29, 2015. Investment Technology Group (“ITG”) said it set aside $20.3 million for a probable settlement with the U.S. Securities and Exchange Commission (“SEC”) over rule violations related to its private stock trading venue. The settlement would be a record amount handed out by the SEC related to the operation of a private stock trading platform, or “dark pool.” ITG said the SEC was investigating a test program one of the firm’s subsidiaries ran from 2010 until mid-2011 that involved proprietary trading inside of ITG’s POSIT dark pool against some of its broker clients that the firm did not disclose.

ITG disclosed the information in an earnings pre-announcement after the market closed on July 29, 2015 and also in letter to its clients. In the letter, ITG Chief Executive Officer Bob Grasser said that “In hindsight, I recognize that our client disclosures about the pilot were insufficient…. I take full responsibility for these historical mistakes.”

In addition, on July 23, 2015, Kevin J.P. O’Hara resigned from ITG’s Board of Directors effective immediately.

As a result of this announcement, ITG’s stock has fallen considerably; falling $5.65 or 23.54% during intraday trading to trade at $18.35 on July 30, 2015.

If you purchased shares of ITG and have suffered a loss from your investment in ITG common stock and would like to learn more about this investigation, including your ability to potentially recover your losses, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and, along with its affiliate, has recovered billions of dollars for shareholders in securities actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome.

Diageo Alert – Investors encouraged to contact law firm

DIAGEO ALERT: National Securities Law Firm Announces Investigation of Potential Securities Claims, and Encourages Investors With Losses to Contact Law Firm for More Information

July 24, 2015
New York, New York

Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating potential securities claims on behalf of investors of Diageo plc (NYSE: DEO) resulting from allegations that Diageo may have issued materially misleading business information to the investing public.

On July 23, 2015, The Wall Street Journal reported that the Securities and Exchange Commission is investigating whether Diageo has been shipping excess inventory to distributors in an effort to boost the liquor company’s results.

As a result of this announcement, Diageo’s stock has fallen considerably.

If you purchased shares of Diageo and have suffered a loss from your investment in Diageo common stock and would like to learn more about this investigation, including your ability to potentially recover your losses, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC is a leading national securities and shareholder rights law firm representing both individual and institutional shareholders and, along with its affiliate, have recovered billions of dollars for shareholders. Tripp Levy PLLC is affiliated with Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.”

Attorney advertising. Prior results do not indicate a similar outcome

LifeLock Alert – Investors encouraged to contact law firm

LIFELOCK ALERT: National Securities Law Firm Announces Shareholder Lawsuit Against LifeLock, and Encourages Investors With Losses in Excess of $100,000 to Contact Law Firm for More Information

July 23, 2015
New York, New York

Tripp Levy PLLC, a leading national securities law firm, announces that a class action lawsuit was filed in the United States District Court for the District of Arizona on behalf of a class (the “Class”) of purchasers of the securities LifeLock, Inc. (“LifeLock” or the “Company”) (NYSE: LOCK) between July 30, 2014 and July 20, 2015, inclusive (the “Class Period”).

The lawsuit alleges that throughout the Class Period, defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose, among others: (1) that the Company had failed to establish and maintain a comprehensive information security program to protect its users’ sensitive personal data, including credit card, social security, and bank account numbers; (2) that the Company falsely advertised that it protected consumers’ sensitive data with the same high-level safeguards as financial institutions; (3) that the Company failed to meet the 2010 settlement order’s recordkeeping requirements; and (4) that, as a result of the foregoing, the Company’s statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

If you purchased shares of LifeLock during the Class Period and have suffered a loss in excess of $100,000 from your investment in LifeLock common stock and would like to learn more about this lawsuit, including your ability to potentially recover your losses, please contact us toll free at 1-800-511-7037 or contact us via our website.

In addition, if you wish to serve as lead plaintiff, you must move the Court no later than 60 days from the date of this notice. If you are a member of this class you can join this class action to potentially recover your losses by contacting us.

Tripp Levy PLLC is a leading national securities and shareholder rights law firm representing both individual and institutional shareholders and, along with its affiliate, have recovered billions of dollars for shareholders. Tripp Levy PLLC is affiliated with Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.”

Attorney advertising. Prior results do not indicate a similar outcome

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