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Washtenaw County Employees' Retirement System v. The Princeton Review, Inc. et al
Case Number:
1:11-cv-11359
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 06, 2012
Judge Flunks Princeton Review Investor's Stock Drop Suit
A Massachusetts federal judge on Tuesday dismissed a retirement fund's class action against The Princeton Review, finding that the fund failed to prove the test preparation company omitted or misrepresented information to its investors before the stock took a dive.
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July 29, 2011
Investor Accuses Princeton Review Of Fraud
A Michigan retirement fund hit The Princeton Review Inc. with a class action Friday in Massachusetts claiming former CEO Michael Perik falsely touted strong earnings in 2009 as the test preparation company planned a $48 million stock sale.