Anadigics Class Action Lawsuit
Anadigics, Inc. | | | This action is brought on behalf of all purchasers of Anadigics, Inc. securities during the period February 12, 2007 through October 22, 2008 (the “Class Period”). The Complaint charges Anadigics and certain of the Company’s executive officers with violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and S.E.C. Rule 10b-5. The Complaint alleges that Defendants made false and/or misleading statements or failed to disclose material adverse facts about the Company's business, operations and prospects. Specifically, (i) that Anadigics was experiencing manufacturing inefficiencies; (ii) that steps taken to remedy the inefficien... | | read more | |
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