Superior Offshore's IPO Spurs Class Action

Law360, New York (March 26, 2008, 12:00 AM EDT) -- Superior Offshore International, Inc.'s legal woes increased Wednesday with the filing of another proposed class action that accuses the company and some of its officers and directors of conducting an initial public offering with a false and misleading registration statement and prospectus.

Coughlin Stoia Geller Rudman & Robbins LLP announced Wednesday that the complaint had been filed in the U.S. District Court for the Western District of Louisiana. The suit, filed on behalf of Ellen Brodsky, seeks to recover damages on behalf of all purchasers of...
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