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Goldman Scarlato & Karon, P.C. Announces Investigation of St. Joe Company

^{Published on 2010-12-14 08:10:23 - Market Wire}
 

CONSHOHOCKEN, Pa.--([ BUSINESS WIRE ])--Goldman Scarlato & Karon P.C. (aGSKa) commenced an investigation into The St. Joe Company (aSt. Joea) (NYSE: JOE) to determine whether St. Joe violated federal securities laws by misrepresenting its financial results between February 19, 2008 and October 12, 2010.

In a presentation on October 13, 2010, David Einhorn, President of Greenlight Capital, suggested that the land valuations in St. Joea™s financial statements do not appear to reflect market reality. In reaction to this news, on October 13 and 14, 2010, St. Joea™s stock fell more than 19 percent.

What You May Do

If you have information that would assist GSK in its investigation or would like to discuss your legal rights, you may, without obligation or cost to you, e-mail or call Mark S. Goldman, Esq. at [ goldman@gsk-law.com ] or (888) 668-4130. Goldman Scarlato & Karon, P.C. also encourages anyone with information regarding St. Joea™s conduct during the period in question to contact the Firm, including whistleblowers, former employees, shareholders, and others.

About Goldman Scarlato & Karon, P.C.

GSK prosecutes securities fraud, consumer fraud, price-fixing, ERISA class actions, and shareholder-derivative litigation throughout the United States. The Firma™s lawyers have recovered hundreds of millions of dollars on behalf of consumers, investors, and businesses.

To learn more about Goldman Scarlato & Karon, P.C., please visit our website, [ www.gsk-law.com ].