Class action suit against RIM refiled

By on Jun 15, 2011 at 6:16 PM
Legal June 15, 2011

An investigation launched last month by a law firm into whether or not Research In Motion had violated securities laws resulted in the filing of a class action lawsuit late last month. After the lead plaintiff in the suit voluntarily withdrew her complaint on May 31st, however, it was unclear if the suit would be refiled. This week, Atlanta-based law firm Holzer Holzer & Fistel, LLC indeed refiled its class action suit with a new lead plaintiff, Gerald Chatlin. The news comes just before RIM is scheduled to report earnings on Thursday for the first quarter of its 2012 fiscal year.

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  • Anonymous

    everyone has a problem with RIM, they can do no right. It seems to me that the only way people will start to show them a little bit of respect again is if with each purchase of one of their phones, a genie pops out and grants you 3 wishes. Stop the RIM bashing people!

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  • Skhan

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    • Uninvited Guest

      Why?

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  • Anonymous

    So the lawsuit is about failing to produce products that people actually want to buy, essentially?

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