Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Thursday, October 15, 2026
Courthouse News Service
Thursday, October 15, 2026 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Verifone Holdings, Douglas Bergeron and Barry Zwarenstein defrauded shareholders by false and misleading statements, a class-action complaint claims in San Francisco Federal Court.

Shareholders accuse Virgin Mobile USA of inflating share price during its IPO by false and misleading statements. Also sued in Manhattan Federal Court are Daniel Schulman, Jonathan Marchbank, John Feehan, Frances Brandon-Farrow, Douglas Lynn, Mark Poole, Robert Samuelson, L. Kevin Cox, Thomas Ryder, Kenneth Steven, Lehman Bros., Merrill Lynch & Co., Bear Stearns & Co., Raymond James & Assoc., and Thomas Weisel Partners LLC.

Categories / Uncategorized

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.