Industrial Enterprises of America, Inc. NASD: IEAM

A class action lawsuit has been on behalf of all purchasers of stock of Industrial Enterprises of America, Inc. (IEAM | charts | news | PowerRating) during the period from November 14, 2006 through November 8, 2007, charging the company with violations of the federal securities laws. The case is pending in the United States District Court for the Southern District of New York and no class has yet been certified.

The complaint charges that the company and certain of its present and former officers, directors, and control persons violated Sections of the Securities Exchange Act of 1934 by issuing materially false and misleading statements pertaining to the company's business prospects and condition, and filing materially false financial statements with the Securities and Exchange Commission.

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.

Register your Securities Complaint

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.