>Einstein Noah Bagel Settlement
Date Filed: July 25, 1997
Court: U.S. District Court
Location: Colorado

Shareholders alleged the company's top three officers endorsed false earnings reports showing large profits when the franchise network was, in reality, in debt. Shareholders lost millions when the stock price fell as news of the accounting manipulations broke.

Plaintiffs eventually settled shareholders' claims against all defendants for a total of $13,000,000. Plaintiffs obtained court approval to distribute the settlement fund on May 2, 2003. The fund was distributed to class members on May 27, 2003.




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Karl P. Barth
Karl Barth represents investors seeking to protect assets and recover investment losses from companies enga...   link >>