J&W Investigates Investment Technology Group (ITG) and Stemline Therapeutics (STML); Should Officers and Directors be Responsible for Alleged Harm to the Company?
STEMLINE THERAPEUTICS (STML)
Last stemline therapeutics earnings: 3/13 04:45 pm
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US:NASDAQ Investor Relations:
ir.stemline.com/investor-relations
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Source: PR Newswire
SAN DIEGO, May 2, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential claims against officers and directors of Investment Technology Group, Inc. and Stemline Therapeutics, Inc. as detailed below:Investment Technology Group, Inc. Johnson & Weaver, LLP, is investigating potential violations of federal and state laws by certain officers and directors of Investment Technology Group, Inc. (NYSE: ITG) ("ITG"). On April 26, 2017, a federal court denied in part a motion to dismiss a securities fraud class action filed against ITG and the Company's former CEO. ITG operates as an independent broker and financial technology company in the United States, Canada, Europe, and the Asia-Pacific. The class action complaint alleges that throughout the Class Period the defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) ITG's AlterNet subsidiary operated a proprietary trading operation in 2010 through
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