Editors Choice

Hagens Berman Return to Texas, this time to the S.D. Federal Court

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.

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

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.

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.

Protected: Owen’s Easter Basket of Omissions and Whiteouts re Hopkins Law et al

A party who files timely written objections to a magistrate judge’s report and recommendation is entitled to a de novo review of those findings or recommendations to which the party specifically objects. 28 U.S.C. § 636(b)(1)(C); Fed. R. Civ. P. 72(b)(2)-(3).

The Judicial Easter Egg Hunt: Owen’s Easter Basket and the Perversion of Justice.

We’re not privy to which Quarter Back clerk was assigned to draft the consolidated opinion but we can say emphatically it is villainous by design.

Hagens Berman Return to Texas, this time to the S.D. Federal Court
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