| Are Kuhn's finances shaky? Stay tuned
Developer Cameron Kuhn is in the middle of a flurry of lawsuits. He's laid off employees and sold his helicopter.
Is Kuhn, known as an ambitious risk-taker who has successfully remade portions of downtown, in financial trouble?
One of his attorneys and investment partners dismisses the suggestion.
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/ CORRECTION - Rosen Law Firm
In the news release, "The Rosen Law Firm Files Securities Class Action Against American Home Mortgage Investment Corp. Seeking to Recover Investors' Losses -- AHM," issued Thursday, August 2, 2007 by the Rosen Law Firm, we are advised by the firm that the first paragraph should read "The Rosen Law Firm today announced that it has filed a securities class action lawsuit in the U.S. District Court for the Eastern District of New York on behalf of purchasers of American Home Mortgage Investment Corp., Inc. ("AHM." or the "Company") (NYSE:AHM - News) common stock during the period between July 26, 2006 and July 27, 2007 (the "Class Period")." rather than "The Rosen Law Firm today announced that it has filed a securities class action lawsuit in the U.S. District Court for the Southern District of New York on behalf of purchasers of American Home Mortgage Investment Corp., Inc.
Naples couple’s lawsuit claims they lost millions
Wealthy Naples residents Robert and Shirlene Elkins are suing PricewaterhouseCoopers LLP and other investment companies, saying they lost millions after their money was unknowingly steered into an illegal tax haven. In the lawsuit, filed in Collier County Circuit Court, the couple says they put their trust in their investment advisers and bought securities in a company called Delta Trading Partners IV LP. Later, the IRS alleged that the company was set up as an abusive shelter to lower taxes for rich clients. The Quellos Group LLC, a Seattle-based securities firm, is also named in the lawsuit. The group has been the target of several federal investigations and an IRS probe for its involvement in the tax-shelter business. .
Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Announces Class Action Lawsuit Against American Home Mortgage Investment ...
The law firm Cohen, Milstein, Hausfeld & Toll, P.L.L.C. has filed a lawsuit in the United States District Court for the Eastern District of New York on behalf of its client and on behalf of other similarly situated purchasers of American Home Mortgage Investment Corporation ("American Home Mortgage or the "Company) (NYSE:AHM) common stock between April 26, 2006 through and including July 30, 2007 (the "Class Period). The complaint charges American Home Mortgage and certain of its officers and directors with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act). It is alleged that defendants omitted or misrepresented material adverse facts about the Companys financial condition, business prospects, and revenue expectations during the Class Period. American Home Mortgage is a real estate investment trust (REIT), which engages in the investment and origination of residential mortgage loans in the United States.
Kirby McInerney & Squire LLP Announces Class Action Lawsuit On Behalf of American Home Mortgage Investment Corp. ...
NEW YORK, Aug. 2, 2007 (PRIME NEWSWIRE) -- Kirby McInerney & Squire, LLP announces that it has filed a class action lawsuit in the United States District Court for the Eastern District of New York on behalf of all persons who purchased or otherwise acquired the publicly traded securities of American Home Mortgage Investment Corp. (``American Home Mortgage'' or the ``Company'') (Nasdaq:AHM) between April 26, 2006 and July 30, 2007, inclusive, (the ``Class Period''). .
TouchPlay to cost state $1.6 million
The Iowa Legislature's decision to ban TouchPlay gambling machines from convenience stores and other locations is going to cost Iowans more than $1.6 million.
The Iowa attorney general's office announced Monday an out-of-court settlement with Royal Financial LLC, a company organized by Kum & Go convenience store chain founder William Krause. Royal Financial owned more than 1,700 of the slot machine-like games.
"We didn't really have a good exit strategy," Rep. Cindy Winckler, a Democrat from Davenport, acknowledged after the settlement was announced. "We didn't give them good notice and we didn't in any way take into consideration the investment they had made in good faith."
Three other lawsuits over the state's ban of the TouchPlay machines are pending.
Harwood Feffer LLP Announces Securities Class Action Suit Against American Mortgage Investment Corp. -- AHM
NEW YORK, Aug. 13, 2007 (PRIME NEWSWIRE) -- Harwood Feffer LLP has filed a lawsuit in the United States District Court for the Eastern District of New York on behalf of its client and on behalf of all persons who purchased the common stock of American Home Mortgage Investment Corp. (``AHM'' or the ``Company'') (NYSE:AHM) between July 26, 2006 through July 27, 2007, both dates inclusive (the ``Class Period''). Also included are those who purchased the shares of AHM in the Secondary Offering on April 30, 2007. The Complaint, a copy of which can be obtained from the Court or can be viewed on Harwood Feffer web site at http://www.hfesq.com, charges Michael Strauss, the Chief Executive Officer of AHM, with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. It is alleged that Defendant Strauss and the Company omitted or misrepresented material adverse facts about the Company's financial condition, business prospects, and revenue expectations during the Class Period.
MISSOURI’S JOB GROWTH, ECONOMIC DEVELOPMENT SUCCESSES IN NATIONAL SPOTLIGHT
At a time when the State of Missouri continues to add jobs, its economic development effort is being recognized nationally. The Summer 2007 issue of Southern Business and Development magazine gives Missouri and Gov. Matt Blunt high marks for job growth and economic development in its ranking the Top 100 corporate and industrial job and investment announcements in the South in 2006.
Responding to the ranking, Gov. Blunt noted, We appreciate that opinion leaders around the country are recognizing that Missouri is a great place to do business. Our pro-jobs, pro-growth initiatives have helped Missourians create tens of thousands of jobs since January 2005, driven unemployment rates down and grown the incomes of hard-working Missouri families. We have enacted job-creating legislation including tax relief, lawsuit reform, workers compensation reform, the Quality Jobs Act and other important initiatives to help create family-supporting jobs and enhance opportunities for all Missourians.
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