Yesterday it was announced that Holzer & Fistel LLC was investigating possible federal securities violations of JA Solar (JASO) due to a failure to disclose in a timely manner that it had purchased a $100 million 3 month note from Lehman Bros. at a time when LEH was under severe financial distress.
After the bell today, Coughlin Stoia Geller Rudman & Robbins LLP announced a class action lawsuit in New York on behalf of purchasers … Read the rest