Travelzoo TZOO Common Stock Purchasers File Securities Fraud Class Action Lawsuit Complaint Against Travelzoo.
A class action lawsuit complaint has reportedly been filed against Travelzoo, Inc. (“Travelzoo”) and certain Travelzoo officers (collectively “Defendants”) in the United States District Court for the Southern District of New York, alleging, among other things, that Travelzoo issued materially false and misleading statements regarding Travelzoo’s business and prospects, purportedly in violation of federal securities laws, according to Travelzoo securities fraud class action lawsuit news reports.
The Travelzoo securities fraud class action lawsuit complaint is reportedly brought on behalf of a putative class consisting of purchasers of Travelzoo common stock who purchased or otherwise acquired Travelzoo stock TZOO during the period from April 21, 2011 through July 21, 2011 (the “Class Period”).
If You Have Thoughts On The Travelzoo Securities Class Action Lawsuit, Share Your Class Action Comments Below.
I have purchased TZOO stock because it was appreciating so fast and the released information that I read about it was encouraging. I sold it recently with major losses when it crashed and continues to drop.
TZOO fooled everybody. All the analysts gave buys and target prices based on false and misleading statements of revenues from this company. Hope I get something back from my loses and the mental anguish I endured when I told my husband our TZOO stock dove $30 in one day! Besides that…they came out with their earnings report 30 minutes early in early trading so you couldn’t do anything to stop the decline.
List 30k do I have a lawsuit?
I just received a letter from Travelzoo to sell my shares to them or purchase more shares, what is going on