Holzer Holzer & Fistel, LLC Announces Investigation into Potential Claims for Breaches of Fiduciary Duty by Certain Officers ...
January 19 2012 - 10:50AM
Business Wire
Holzer Holzer & Fistel, LLC announces that it is
investigating potential breaches of fiduciary duty by certain
officers and directors of CPI Corporation (“CPI” or the “Company”)
(NYSE: CPY). On January 13, 2012, an institutional investor filed a
class action lawsuit in the Eastern District of Missouri alleging
that CPI violated the federal securities laws between April 20,
2010 and December 21, 2011 (the “Class Period”). The lawsuit
alleges, among other things, that the Company knew but failed to
timely disclose that its business was deteriorating and, according
to the complaint, CPI was overstating the strength of its capital
structure during the Class Period.
Holzer Holzer & Fistel, LLC’s investigation seeks to
determine if the allegations contained in the class action
complaint also give rise to separate claims for breaches of
fiduciary duty.
If you have continuously held shares since at least April 20,
2010, and plan to continue to hold at least some shares of CPI, and
would like to discuss your legal rights, you may contact Michael I.
Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at
mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free
telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm
that dedicates its practice to vigorous representation of
shareholders and investors in litigation nationwide, including
shareholder class action and derivative litigation. More
information about the firm is available through its website,
www.holzerlaw.com and upon request from the firm. Holzer Holzer
& Fistel, LLC has paid for the dissemination of this
promotional communication, and Michael I. Fistel, Jr. is the
attorney responsible for its content.
C P I (NYSE:CPY)
Historical Stock Chart
From Mar 2024 to Apr 2024
C P I (NYSE:CPY)
Historical Stock Chart
From Apr 2023 to Apr 2024
