Language Selection

English French German Italian Portuguese Spanish

ATI sued for inflating its stock price

Filed under

ATI was sued two weeks ago because of false and misleading statements. The complaint charges ATI and certain of its officers and directors with violations of the Securities Exchange Act of 1934. As a result of this ATI's stock traded at inflated levels, allowing ATI's top officers and directors to sell or otherwise dispose of more than $54 million worth of their own shares at artificially inflated prices.

Here's a look at some facts from the complaint which were known by ATI but concealed from the investing public during the class period which started on October 7, 2004 and ended on June 23, 2005:

Full Story.

More in Tux Machines

First Ubuntu Touch Images Based on Ubuntu 16.04 LTS (Xenial Xerus) Are Now Live

Just a few moments ago, we were notified by Łukasz Zemczak from Canonical about the latest work done by the Ubuntu Touch developers for the upcoming OTA-9 software update for Ubuntu Phones. Read more

5 open-source alternatives to Slack

Here are five full-featured Slack alternatives — tools that go beyond IRC, in other words — that are open-source software, which means you can download it and run it on whatever server you want. That implies that you’re in charge of security, for better or worse, instead of, say, Slack. Read more

FFmpeg 2.8.3 "Feynman" Released, It's Now the Latest Stable FFmpeg Version

Earlier today, November 27, FFmpeg, the leading multimedia framework for Linux kernel-based operating systems has received a new maintenance release, version 2.8.3, which updates many of the project's core components. Read more

Tumbleweed changes fonts, Leap gets several updates

Tumbleweed had one snapshot so far this week that brought more appeal to users of openSUSE. Snapshot 20151123 changed fonts for openSUSE. The terminal font changed to Adobe Code Pro and Roboto was also added as the default font. Read more