Company: | Fairfax Financial Holdings Limited |
Ticker Symbol: | NYSE: FFH |
Class Period: | December 18, 2002 to July 25, 2006 |
Date Filed: | Mar-01-07 |
Lead Plaintiff Deadline: | Apr-09-07 |
Court: | District, NJ |
Allegations: |
A securities class action was commenced on behalf of shareholders who sold the common stock of Fairfax Financial Holdings Limited (NYSE: FFH) between December 18, 2002 and July 25, 2006, inclusive (the "Class Period").
The case is pending in the United States District Court for the District of New Jersey. The complaint filed in this case alleges a massive, illegal stock market manipulation scheme that has targeted and severely harmed shareholders of Fairfax, and has resulted in immense ill-gotten profits for defendants S.A.C. Capital, Exis Capital, Third Point, Rocker Partners and other extremely powerful hedge funds. The complaint filed in the case further alleges that Defendants launched a manipulation scheme which was an abusive short selling strategy coupled with a public relations campaign full of false and misleading statements about Fairfax, its executives, its business, and its common stock price designed to drive down the price of Fairfax stock.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
The case is pending in the United States District Court for the District of New Jersey. The complaint filed in this case alleges a massive, illegal stock market manipulation scheme that has targeted and severely harmed shareholders of Fairfax, and has resulted in immense ill-gotten profits for defendants S.A.C. Capital, Exis Capital, Third Point, Rocker Partners and other extremely powerful hedge funds. The complaint filed in the case further alleges that Defendants launched a manipulation scheme which was an abusive short selling strategy coupled with a public relations campaign full of false and misleading statements about Fairfax, its executives, its business, and its common stock price designed to drive down the price of Fairfax stock.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.