The Class Action Newsline contains the latest news from law firms and companies regarding class-action litigation and investigations, as well as responses from parties involved in the actions.

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Mar 10, 2010	16:36	Holzer Holzer & Fistel, LLC is Investigating Potential Violations of State Laws by Innospec, Inc.
		Holzer Holzer & Fistel, LLC is investigating potential violations of state law by Innospec, Inc. ("Innospec" or the "Company") (Nasdaq:IOSP). On February 25, 2010, Innospec's British subsidiary, Innospec Limited, was charged with bribery and corruption by the Serious Fraud Office of the United Kingdom for allegedly providing unlawful payments to the Indonesian government in exchange for contracts for the Company's anti-knock fuel additive. Innospec also recently received notice from the U.S. Securities Exchange Commission that it was under investigation for potentially unlawful involvement with the United Nations Oil for Food Program in Iraq.   continued...
Mar 10, 2010	16:28	Holzer Holzer & Fistel, LLC Announces Investigation Into Purchase of Coca-Cola Enterprises, Inc.
		Holzer Holzer & Fistel, LLC is investigating whether the directors of Coca-Cola Enterprises, Inc. ("CCE" or the "Company") (NYSE:CCE) complied with their fiduciary duties in approving the proposed buyout of the Company by The Coca-Cola Company ("TCCC"). If the transaction is approved, CCE shareholders will receive $10 per share and 1 share of a new entity also called Coca Cola Enterprises in exchange for each share of CCE. The investigation seeks to determine, among other things, whether the consideration to be paid to CCE shareholders is fair and adequate.   continued...
Mar 10, 2010	13:16	Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Lawsuit Has Been Filed Against Medivation, Inc.
		Holzer Holzer & Fistel, LLC announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California against Medivation, Inc ("Medivation" or the "Company") (Nasdaq:MDVN) and certain of its officers. The complaint alleges, among other things, that Medivation violated federal securities laws by misrepresenting the effectiveness of its experimental drug Dimebon. According to the complaint, Medivation was forced to announce that Dimebon did not meet primary and secondary goals for Phase 3 trial.  continued...
Mar 10, 2010	13:10	Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Lawsuit Has Been Filed Against Ormat Technologies, Inc.
		Holzer Holzer & Fistel, LLC announces that a class action lawsuit has been filed in the United States District Court for the District of Nevada against Ormat Technologies, Inc ("Ormat" or the "Company") (NYSE:ORA) and certain of its officers. The complaint alleges, among other things, that Ormat engaged in improper accounting practices by failing to expense costs relating to exploration and development projects after the Company abandoned the projects.  continued...
Mar 6, 2010	14:22	The Securities Law Firm of Klayman & Toskes Continues Its Investigation of Rhonda Breard and ING Financial Partners
		The Securities Law Firm of Klayman & Toskes, P.A. ("K&T") (http://www.nasd-law.com) announced today that it is continuing to investigate potential claims against ING Financial Partners (NYSE:ING) on behalf of former customers of Rhonda Breard ("Breard") and Breard & Associates Wealth Management. K&T has received numerous inquiries from victims of Breard, who no longer have access to their money. It is estimated that about $7 million has been reported missing by Breard's former customers. Under NASD Rules, ING Financial Partners was obligated to properly supervise the practices and activities of Breard during the time that she was registered with the firm. Accordingly, ING Financial Partners may be liable for failing to supervise Breard's activities and responsible for compensating investors who lost money investing with Breard. Breard had been registered with ING Financial Partners since February of 2002.  continued...
Mar 5, 2010	19:52	Law Offices of Howard G. Smith Announces Update to the Shareholder Lawsuit Against Koss Corporation -- KOSS
		Law Offices of Howard G. Smith announces a March 16, 2010, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons or entities who purchased the securities of Koss Corporation ("Koss" or the "Company") (Nasdaq:KOSS) between July 12, 2005 and December 21, 2009, inclusive (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the Eastern District of Wisconsin.  continued...
Mar 4, 2010	13:39	Roy Jacobs & Associates Files Class Action on Behalf of Purchasers of STEC, Inc. Securities -- STEC
		Roy Jacobs & Associates announces that it has filed a class action complaint in the United States District Court for the Central District of California on behalf of purchasers of the common stock of STEC, Inc.("STEC") (Nasdaq:STEC) during the period from November 4, 2009 through February 23, 2010, alleging claims for securities fraud pursuant to the federal securities laws. The Complaint was filed against STEC and its Chief Executive.  continued...
Mar 3, 2010	20:02	Shareholder of Insight Enterprises, Inc. Files Amended Derivative Complaint - Scott+Scott LLP Announces
		Scott + Scott LLP announces that a shareholder has filed an amended derivative complaint against certain officers and directors of Insight Enterprises, Inc. (Nasdaq:NSIT) in the United States District Court, District of Arizona. The action seeks to assert Insight's rights to make the Company whole for alleged damages arising out of stock options backdating occurring at Insight between 1995 and 2005.  continued...
Mar 3, 2010	17:13	Holzer Holzer & Fistel, LLC Announces Investigation Into Purchase of Smith International Inc.
		Holzer Holzer & Fistel, LLC is investigating whether Smith International Inc.'s ("Smiths" or the "Company") (NYSE:SII) directors complied with their fiduciary duties in approving the proposed buyout of the Company by Schlumberger LTD. According to the companies' joint announcement, Smith shareholders will receive 0.6966 shares of Schlumberger stock for each share of Smith they own. The investigation seeks to determine, among other things, whether the consideration to be paid to Smith shareholders is fair and adequate.   continued...
Mar 3, 2010	14:23	Hagens Berman Sobol Shapiro Announces Investigation of Rhonda Breard and Breard & Associates Wealth Management
		Hagens Berman Sobol Shapiro is investigating high-profile Kirkland investment broker Rhonda Breard, a licensed broker for investment giant ING (NYSE:ING), who was licensed to sell securities in Washington, Oregon, Nevada, New Mexico, Wyoming, Arizona, North Carolina, West Virginia and Michigan. Recent media reports state that ING Financial Partners suspended Breard's brokerage license last month in an emergency action after investors complained that their investments had disappeared and that their monthly account statements appeared to be altered. State investigators disclosed that investors appear to have lost at upwards of $7 million from this alleged misconduct.  continued...
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