Business & Finance
Business and Finance
Business and Finance
Thu, September 29, 2011
Wed, September 28, 2011 Faruqi & Faruqi, LLP Announces Investigation Of Imperial Holdings, Inc.
NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoing at Imperial Holdings, Inc. (aImperial Holdingsa or the aCompanya) (NYSE: IFT). The investigation focuses on whether Imperial Holdings violated federal securities laws by issuing materially false and misleading information about the Companya™s true business and financial condition.
Request more information now by clicking here: [ www.faruqilaw.com/IFT ].
On September 27, 2011, federal investigators raided the Florida offices of Imperial Holdings. The raid was subsequently confirmed by the Company, who also acknowledged that its chairman and chief executive officer, and its president and chief operating officer, are also under investigation with respect to its life finance business. News of the raid sent Company shares plunging by some 60% on Wednesday, September 28, 2011.
Take Action
If you purchased Imperial Holdings securities and you would like to discuss your legal rights, visit [ www.faruqilaw.com/IFT ]. You can also contact us by calling Anthony Vozzolo or Richard W. Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [ avozzolo@faruqilaw.com ] or [ rgonnello@faruqilaw.com ]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Imperial Holdingsa™ conduct during the period in question to contact the firm, including whistleblowers, former employees, shareholders and others.
About Faruqi & Faruqi, LLP
Faruqi & Faruqi, LLP is a national law firm, representing investors, consumers and companies in the prosecution of claims under state corporate and consumer laws and the federal securities and antitrust laws. The lawyers at Faruqi & Faruqi, LLP have demonstrated a clear commitment to championing the rights of shareholders and consumers nationwide.
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