Probe whether BlackBerry misguided shareholders

Release Date 25 May, 2011 in Economic Times

 
   

RIM faces U.S. legal probe

Montreal Gazette - 25 May, 2011
By JAMESON BERKOW, Postmedia News; Financial Post May 25, 2011 12:00 An Atlanta law firm is investigating whether Research In Motion Ltd. misled shareholders by failing to inform them of known problems with the release cycle for its line of BlackBerry ...

Probe whether BlackBerry misguided shareholders

Economic Times - 25 May, 2011
TORONTO:A US law firm is probing whether BlackBerry maker Research In Motion (RIM) deliberately kept its shareholders in the dark about its problems in releasing new smart phones to replace its old devices. RIM shares tanked April 29 after the ...

Research in Motion: Another Analyst Bails on BlackBerry

Wall Street Journal (blog) - 25 May, 2011
By Dave Kansas The company reduced its rating on the stock to Hold from Buy and slashed its price target to 46 from 76. Yowzers. The knock from Wunderlich comes just a week after Bernstein upgraded RIMM to Market Perform and declared that “Things Can't ...

Analyst downgrades RIM, sees consumers leaving

Forbes - 25 May, 2011
AP , 05.24.11, 12:29 PM EDT NEW YORK -- Saying he no longer expects Research In Motion Ltd. to recover to participate in the "mainstream smartphone industry growth," Wunderlich Securities analyst Matthew S. Robison downgraded the BlackBerry maker on ...

RIM facing civil probe from US law firm

CBC.ca - 25 May, 2011
An Atlanta law firm is investigating whether Research In Motion Ltd. misled shareholders by failing to inform them of known problems with the release cycle for its line of BlackBerry devices. “The investigation focuses on whether a series of statements ...

RIM Investigated For Possible Securities Law Violations

Huffington Post - ‎May 23, 2011‎
The firm is examining specifically whether statements about the company's business between December 16, 2010 and April 28, 2011 were false and misleading. In particular, the firm is looking into whether RIM knew that it was having problems with an old ...

Research in Motion stock: The next PALM?

Moneycontrol.com - ‎May 22, 2011‎
Some investors are betting Research in Motion's stock is in for more pain, even after a rough three years. Shares of the BlackBerry maker have lost more than 38% since February. Investor attempts to pick a bottom in the stock have been run over by a ...

BlackBerry 7 OS leaks out

Ubergizmo (blog) - Edwin Kee - 25 May, 2011
Operating system and hardware leaks tend to happen more and more often these days, although we have no idea where those ninjas come from " shooting a blurry image here and there, capturing a screenshot of a page, ...

App World Updates to v2.2.1.19 To Fix Some Users Missing Icon

BerryReview - Ronen Halevy - 25 May, 2011
RIM has rolled out yet another update to App World tonight. The latest version just bumps us up a bit to version 2.1.2.19. According to RIM's @BlackBerryDev account this update fixes a missing icon issue some users had ...

BlackBerry App World Updated To Version 2.1.2.19

BlackBerry Rocks! - 25 May, 2011
BlackBerry App World was updated to version 2.1.2.15 about a week ago but it looks like RIM has pushed out yet another update. The latest version is now 2.1.2.19 and unfortunately a changelog of what was changed is not available. ...

Leaked OS 7.0.0.100 For The BlackBerry Curve 9350 & 9370

BlackBerry Rocks! - 25 May, 2011
DISCLAIMER: Install at your own risk. This is Leaked/Beta software that is not guaranteed to be stable, and therefore will not be supported by RIM or your wireless carrier should you run into some problems. As a precaution, if you decide to upgrade, ...

RIM Under Investigation for Federal Securities Violations

Mobiledia - Kendra Srivastava - 25 May, 2011
Research in Motion is facing legal action regarding allegedly false and misleading statements in its financial reporting, in yet another stumble for the already suffering handset maker. ...

Wunderlich Securities Downgrades Research In Motion to Hold, Reduces PT to $46

Benzinga - Emily Austin - 25 May, 2011
Wunderlich Securities downgraded Research In Motion (NASDAQ: RIMM) to Hold. At the same time, Wunderlich massively cut its price target from $76 to $46. In a research report published today, Wunderlich states, "With our downward ...

RIM faces securities fraud lawsuit

FierceWireless - Phil Goldstein - 25 May, 2011
An Atlanta-based law firm accused Research In Motion (NASDAQ:RIMM) of violating US securities laws for failing to let shareholders know about problems the company was experiencing with its BlackBerry product line. "The investigation focuses on whether ...

RIM Under Investigation for Possible Securities Law Violations

N4BB - Lucas Atkins - ‎May 23, 2011‎
Research In Motion is currently under going investigation by litigation company Holzer Holzer & Fistel, LLC. They're investigating possible federal securities law infractions made by RIM. ...

RIM Investigated for Potentially 'False and Misleading' Statements

Vision 2 Mobile - Craig Galbraith - ‎May 23, 2011‎
An Atlanta-based law firm wants to know if Research In Motion broke federal securities laws earlier this year when it made comments about its business, prospects and operations. Holzer Holzer & Fistel has launched an investigation to see if the ...

Holzer Holzer & Fistel Investigating RIM for Securities Violations

BerryReview - Ronen Halevy - ‎May 23, 2011‎
I am no finance guru but even I noticed that something fishy was going on when RIM made their “Updated Q1 Guidance” announcement at the end of April. They had just set their guidance at the end of March and all of a ...

Law firm investigating RIM for violating federal securities laws

The Loop - Jim Dalrymple - ‎May 23, 2011‎
Georgia-based law firm Holzer Holzer & Fistel on Monday said it was launching an investigating into RIM. According to the law firm, the investigating is focusing on statements made by the company between ...

RIM Under Investigation for Possible Securities Law Violations

Fox Business - Zach Epstein - ‎May 23, 2011‎
Atlanta, Georgia-based law firm Holzer Holzer & Fistel, LLC announced on Monday that it has launched an investigation into possible federal securities law violations made by cell phone maker Research In Motion. ...

Research in Motion Investigated for Possible Securities Law Violations

Wall Street Pit - ‎May 23, 2011‎
By editor May 23, 2011, 1:42 PM Author's Website Litigation boutique Holzer Holzer & Fistel, LLC announced on Monday that it has started an investigation into possible federal securities law infractions made by Blackberry maker Research In Motion ...

Research in Motion: On Its Deathbed?

GuruFocus.com - ‎May 23, 2011‎
The company from my previous article “How much would you pay for this company?” has been revealed. It is Canadian company Research In Motion (RIMM), the maker of the BlackBerry line of smart phones and the company that introduced us to smart phones. ...

RESEARCH IN MOTION : Holzer Holzer & Fistel, LLC Announces Investigation into ...

4-traders (press release) - ‎May 23, 2011‎
Holzer Holzer & Fistel, LLC is investigating potential violations of the federal securities laws by Research In Motion Limited ("RIM" or the "Company") (NASDAQ: RIMM). The investigation focuses on whether a series of statements made between December 16 ...

Research in Motion stock: the next PALM?

Reuters - Steve Marcus, Doris Frankel - ‎May 23, 2011‎
The Research in Motion (RIM) booth is shown during the 2011 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 7, 2011. By Angela Moon NEW YORK (Reuters) - Some investors are betting Research in Motion's stock is in for more ...

Research in Motion (RIMM) NewsBite - RIMM Downgraded By Wunderlich

Market Intelligence Center - 25 May, 2011
Research in Motion (RIMM) was downgraded today by analysts at Wunderlich and the stock is now at $42.81, down $0.71 (-1.63%) on volume of 6125662 shares traded. The stock was cut to Hold from Buy. Over the last 52 weeks the stock has ranged from a low ...

Holzer Holzer & Fistel, LLC Announces Investigation into Research in Motion ...

Citybizlist (press release) - ‎May 23, 2011‎
ATLANTA --(BUSINESS WIRE)-- Holzer Holzer & Fistel, LLC is investigating potential violations of the federal securities laws by Research In Motion Limited (NASDAQ: RIMM). The investigation focuses on whether a series of statements made between December ...

 

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