Monthly Archives: March 2016

The Amended Federal Securities Complaint Was Filed Today…

As expected, and as predicted, the putative class action plaintiffs have amended their federal securities law complaint — in accordance with Judge Gettleman’s opinion of earlier this month. The omission of only parts of Mr. Allin’s business experience (the less than … Continue reading

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And… The Company’s Lawyers Formally-Answered The Federal Pregnancy Discrimination Suit Today

[I guess Friday mornings are litigation update days, here on this particular blog.  Grin.] I will wait a few days to describe it in more detail, but I’ll add the PDF file later on Friday. UPDATED — that link is … Continue reading

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How Is It That Textura’s SEC Form 10-K “Forgets” To Mention The “Strong Inference Of Scienter”?!

I have waited a week to put this one up. I wanted to think about the best way to ask the question — in the fairest way I could. The question, it seems to me (upon a week’s reflection), is … Continue reading

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New US District Court Interim Opinion: “Strong Inference Of Scienter” In Omissions From Mr. Allin’s Biography — Federal Securities Fraud Case In Chicago

Just yesterday (at about the time Credit Suisse was dropping Textura’s price target to $15, and Zacks was labeling the company a “Sell”), the very able federal District Court Judge Robert W. Gettleman, in the US District Court for the Northern … Continue reading

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Zacks Cuts Textura To “Sell” — From “Buy”

Here is the story — on that Zacks Investments link. And Credit Suisse — a much bigger house — has a new lower, $15 price target on the company. And so, it would seem that the appearance at that vaunted JMP Securities’ confab … Continue reading

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