From the monthly archives:

September 2009

CardioNet Shares Plummet, Shareholders File Suit

Shares of CardioNet, Inc. (NASDAQ:  BEAT) plummeted after CardioNet’s officers and directors withdrew their 2009, 2010 and 2001 guidance.  Shareholders allege CardioNet’s senior executives made false, reckless and misleading predictions concerning CardioNet’s projected performance.

Sepracor Investors Allege Unfair Deal In Sale To Dainippon, Shareholder Lawsuit Filed

Current shareholders of Sepracor, Inc. (NASDAQ: SEPR) allege Sepracor’s Board of Directors breached their fiduciary duty to shareholders by agreeing to sell Sepracor to Dainippon Sumitomo Pharma Co. Ltd. for an unfair and inadequate price.