Coughlin Stoia Geller Rudman and Robbins is a law firm from the United States. It has about 190-lawyers with offices in San Diego, San Francisco, Los Angeles, New York, Boca Raton, Washington, D.C., Philadelphia and Atlanta. The firm is active in major litigations pending in federal and state courts throughout the United States and has taken a leading role in many important actions on behalf of defrauded investors, consumers, and companies, as well as victims of human rights violations.
It represented Enron
investors who sought compensation from banks that had allegedly helped Enron to conceal its financial problems.
In 2008, Coughlin Stoia Geller Rudman and Robbins announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Southern District of New York on behalf of U.S. citizens who purchased the publicly traded stock of European Aeronautic Defence & Space Co.
(EADS) on the Frankfurt (Frankfurt: EAD.F), Madrid (Mercado Continuo: EAD.MC) and/or Paris (Paris: EAD.PA) stock exchanges between January 17, 2005 and June 13, 2006, inclusive (the “Class Period”), seeking to pursue remedies under the Securities Exchange Act of 1934. The complaint alleged that, throughout the Class Period, EADS falsely assured the investing public that it would overcome the technical problems in the production of the Company’s Airbus A380
commercial jets and it would be able to meet its year-end delivery deadlines. On June 13, 2006, the Company announced that its Airbus subsidiary was having production problems with the A380 commercial jet, which would cause a significant delay in delivery to its customers. The Company also issued a profit warning beyond 2006 which was attributable to these delays and announced that it anticipated annual shortfalls of €500 million, without taking into account possible contract terminations from existing customers. Upon this announcement, shares of EADS fell €6.69 per share, or 26%, to close at €18.73 per share, on unusually heavy trading volume.
- Official website
- [http://www.lawperiscope.com/profiles/348.html LawPeriscope profile (outdated)