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 12, 2010	19:59	Glancy Binkow & Goldberg LLP, Representing Shareholders of CRM Holdings, Ltd., Announces There are 25 Days Remaining to Move for Appointment as Lead Plaintiff -- CRMH
		Glancy Binkow & Goldberg LLP announces that all persons or entities who purchased the securities of CRM Holdings, Ltd. ("CRM Holdings" or the "Company") (Nasdaq:CRMH) between December 21, 2005 and November 5, 2008, inclusive (the "Class Period"), have 25 days until the April 6, 2010, deadline to move the Court to serve as Lead Plaintiff in the securities fraud class action lawsuit. The case filed by Glancy Binkow & Goldberg LLP, Munter v. CRM Holdings, Ltd., et al., No. 10-cv-00975-RPP, has been assigned to the Honorable Robert P. Patterson, United States District Judge for the Southern District of New York.  continued...
Mar 12, 2010	17:00	Rigrodsky & Long, P.A. Announces Investigation on Behalf of Shareholders of RCN Corporation
		Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of RCN Corporation ("RCN" or the "Company") (Nasdaq:RCNI) concerning possible breaches of fiduciary duty and other violations of law related to the Company's entry into an agreement to be acquired by ABRY Partners, LLC ("ABRY") in a transaction valued at approximately $1.2 billion.  continued...
Mar 12, 2010	17:00	Rigrodsky & Long, P.A. Announces Investigation on Behalf of Shareholders of Spark Networks, Inc.
		Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Spark Networks, Inc. ("Spark" or the "Company") (NYSE Amex: LOV), concerning possible breaches of fiduciary duty and other violations of law related to the Company's proposed acquisition by Great Hill Equity Partners III, LP ("Great Hill") to acquire the remaining 56% of the Company it does not already own.  continued...
Mar 12, 2010	11:19	The Securities Law Firm of Klayman & Toskes Files Arbitration Claim Against Ferris, Baker Watts n/k/a RBC Capital Markets Corp. Seeking Damages of $400,000 -- RY
		The Securities Law Firm of Klayman & Toskes ("K&T"), www.nasd-law.com, announced today that it filed a securities arbitration claim against Ferris, Baker Watts ("Ferris Baker") n/k/a RBC Capital Markets Corp. (NYSE:RY) seeking damages of $400,000. The suit was filed with FINRA Dispute Resolution. The Claimants sustained these substantial losses as a result of an unsuitable investment strategy recommended by Ferris Baker and its financial advisor. Specifically, the Ferris Baker advisor recommended that the Claimants refinance their home mortgage to purchase income generating closed-end funds which were represented to be conservative investments. However, contrary to these representations, the recommended funds included aggressive, speculative funds which sustained significant losses in 2007 and 2008. Consequently, the funds no longer generated the income the Claimants needed to cover their mortgage. As a result of Ferris Baker's unsuitable investment advice, the Claimants, who were retired, were forced to go back to work to generate enough income to pay their mortgage to avoid losing their home.  continued...
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...
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