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Hagens Berman Sobol Shapiro Llp
TLEO SHAREHOLDERS: Hagens Berman Announces Class Action Lawsuit Against Taleo Corporation
December 20th, 2008
Hagens Berman Sobol Shapiro LLP announced a class action lawsuit was filed against Taleo Corporation (NASDAQ:TLEO) claiming company executives engaged in insider trading. Since going public in 2005, insiders have unloaded more than $120 million in stock sales. The lawsuit represents those who purchased Taleo securities between Oct. 4, 2005 and Nov. 10, 2008. If you are a significant investor with purchases in excess of $100,000, please contact Reed Kathrein at tleo@hbsslaw.com or (510) 725-3000. If you wish to serve as lead plaintiff, you must file a motion with the court by Jan. 16, 2009. Taleo shares hit a 52-week low on Nov. 11, 2008, after the...
Source: Law & Health Weekly (2008-12-20)
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