Breaking News: 16 March 2021
There you have it, Co-Counsel Hagens Berman negotiated a quick settlement after delayed proceedings.
It must be nice to actually be heard by the court rather than being rudely dismissed, as with the corrupt 5th Circuit appeal in 2018.
Hagens Berman, Rosen To Lead Seismic Data Co. Fraud Suit
A Texas federal judge, Andrew Hanen of SDTX, has appointed attorneys from Hagens Berman and the Rosen Law Firm as co-lead counsel in a proposed investor class action accusing an oil field services company of issuing misleading financial reports. Update; 15 April, 2020; Assigned to Magistrate Frances Stacy and Initial Conference hearing has been reset to September 2, 2020 per Doc 47 on the Docket.
Bodin v. SAExploration Holdings, Inc. (4:19-cv-03089)
District Court, S.D. Texas
Assigned To: Judge Andrew S. Hanen
Date Filed: Aug. 18, 2019
Cause: 28:1331 Fed. Question: Securities Violation
Nature of Suit: 850 Securities/Commodities
Jury Demand: Plaintiff
Jurisdiction Type: Federal Question
From 2007 through the 2nd quarter of 2008, the losses associated with the subprime mortgage exposure; $46.1 billion at @MerrillLynch $44.3 billion at @UBS AG, $27.4 billion at @HSBC Holdings, $22.5 billion at @Wachovia, and $21.1 billion at @BankofAmerica #GreatDepressionFacts
— LawsInTexas (@lawsintexasusa) August 10, 2019
#DidYouKnow participants in the shadow banking sector now account for more than $45 trillion in assets and tend to offer loans to borrowers with lower credit scores and higher debt-to-income levels – but remain subject to far less regulation than their traditional counterparts.
— LawsInTexas (@lawsintexasusa) August 10, 2019
SAExploration Holdings, Inc.
Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of SAExploration Holdings, Inc. (NASDAQ: SAEX) from March 15, 2016 through August 15, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for SAExploration investors under the federal securities laws.
If you purchased SAExploration securities and would like to join the action, please click “Join This Class Action,” above.
Press Release
EQUITY ALERT: Rosen, A Top Ranked Law Firm Files First Securities Class Action Lawsuit Against SAExploration Holdings, Inc Seeking Recovery of Investor Losses– SAEX
New York, N.Y., August 18, 2019. Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of SAExploration Holdings, Inc. (NASDAQ: SAEX) from March 15, 2016 through August 15, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for SAExploration investors under the federal securities laws.
To join the SAExploration class action, go to https://www.rosenlegal.com/cases-1657.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company improperly did not classify Alaska Seismic Ventures, LLC (“ASV”) as a variable interest entity; (2) the Company had a controlling financial interest in ASV, which required the Company to consolidate ASV in its financial statements; (3) the Company had deficient internal controls over financial reporting; (4) these practices were likely to lead to an investigation of the Company by the SEC; (5) SAExploration would be forced to delay the filing of its quarterly report for the quarter ended June 30, 2019; and (6) as a result, Defendants’ statements about SAExploration’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to https://www.rosenlegal.com/cases-1657.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.
Predatory Lending: The Ultimate Betrayal of Elder Citizens Post 2008 by the American Government
Greed: The greatest theft of American’s homes was decided after the 2008 financial crisis where banks were bailed out and homeowners evicted.
![No [wo]man in this country is so high that [s]he is above the law. No officer of the law may set that law at defiance with impunity.](https://cdn.lawsintexas.com/cb:Eo5i~20d8c/w:auto/h:auto/q:eco/f:best/ig:avif/https://lawsintexas.com/wp-content/uploads/2021/07/twobitesowen.jpg)
Why the Chief Can’t Judge Everything – Even with Judicial Immunity
No [wo]man in this country is so high that [s]he is above the law. No officer of the law may set that law at defiance with impunity.
Owen’s Easter Basket of Omissions and Whiteouts re Ocwen Loan Servicing et al.
The Burkes filed their Petition for Rehearing en banc to allow all the active judges who are not recused and able to participate, an opportunity to cast their Vote.
