Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers, according to Ned Davis Research.Marketsread more
Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
J.P. Morgan Chase has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill...Banksread more
Facebook also says it's reacting faster to illicit sales of drugs and firearms.Technologyread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
The Trump administration announces a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the...Politicsread more
Boost Mobile founder Peter Adderton said details of Boost's wholesale deal with a combined Sprint-T-Mobile would dictate if the brand can compete.Technologyread more
Amazon is reportedly getting into the wearables space. It would help the company learn more about customers and potentially corner the market on a demographic of older, sicker...Technologyread more
SAN DIEGO, March 18, 2015 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. reminds investors that a lawsuit was filed in the U.S. District Court for the Central District of California on behalf of certain investors who purchased shares of Calavo Growers, Inc. (CVGW).
Investors who purchased shares of Calavo Growers, Inc. (Nasdaq:CVGW) in 2012 or earlier and continue to hold any of those (Nasdaq:CVGW) have options and should contact the Shareholders Foundation at email@example.com or call +1 (858) 779 - 1554.
The plaintiff claims that defendants allegedly concealed that Calavo Growers, Inc failed to maintain an accurately valued contingent consideration pursuant to its acquisition of Renaissance Food Group, LLC, that Calavo Growers, Inc overstated its non-cash operating expenses, that Calavo Growers, Inc lacked adequate internal controls over financial reporting and that as a result, the Company's financial statements were allegedly materially false and misleading.
On January 15, 2015, Calavo Growers, Inc. announced its fiscal 2014 fourth quarter and full year results. Calavo Growers also announced that it will restate its previously issued financial statements for the fiscal years ended October 31, 2013 and 2012 and the quarters therein, as well as the quarters ended January 31, 2014, April 30, 2014, and July 31, 2014. The restatements are attributable to a misstatement in Calavo Grower's treatment of contingent consideration in its acquisition of Renaissance Food Group, LLC in June 2011. Shares of Calavo Growers, Inc. (CVGW) declined from $48.30 per share on January 14, 2015, to as low as $37.50 per share on January 16, 2015.
Those who purchased shares of Calavo Growers, Inc. (Nasdaq:CVGW) have certain options and should contact the Shareholders Foundation, Inc. by e-mail at firstname.lastname@example.org or call +1 (858) 779-1554.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT: Shareholders Foundation, Inc. Michael Daniels +1 (858) 779-1554 email@example.com 3111 Camino Del Rio North Suite 423 San Diego, CA 92108
Source:Shareholders Foundation, Inc.