The shareholder, Aaron Kohn, filed a securities-fraud suit that says the company did not reveal the existence of a 1991 lawsuit over Winnie the Pooh franchise rights until May, when it made a filing with the Securities and Exchange Commission.
Alan G. Hevesi, the New York State comptroller, filed a securities fraud lawsuit late Tuesday against Qwest Communications International, its former top executives, several former directors and its onetime auditor, Arthur Andersen, contending that they conspired to inflate the company's results artificially.
The support for Mr. Blankfein, of course, came from investors who had chosen to hold onto their Goldman shares even after the S.E.C. filed a securities fraud case against the bank last month and after the Justice Department started an investigation of possible criminal activity.
Last month the SEC filed a securities fraud lawsuit against four former Homex executives.
Lloyd Graham, who owns 55 American Depository Receipts of Olympus, filed a securities lawsuit against the company Monday, seeking to recover investment losses.
Under federal law, shareholders can file a securities class actions alleging that the directors and officers misled the market.
Another possibility that we will look at here is that a specialized plaintiff law firm will file a "securities fraud" class action against the corporation.
They cited one decision he made to require senior executives to certify their financial statements and another decision to press the enforcement staff to file a securities fraud lawsuit against WorldCom only a day after it disclosed its problems.
The charges were made in a criminal complaint filed by the Justice Department against Cheng Yi Liang, 57, and his son, Andrew Liang, both residents of Gaithersburg, Md. The Securities and Exchange Commission simultaneously filed a civil securities fraud complaint against the elder Mr. Liang.
