Short Take: Quarterdeck investors sue
Quarterdeck is facing a class-action lawsuit brought by investors charging the company with misrepresenting financial and product information. During the class period of January 26 to June 13, 1996, Quarterdeck stock traded as high as $19-7/8 per share only to fall as low as $8 per share after the company's financial disclosure at the end of the period.
is facing a
class-action lawsuit brought by investors charging the company with
misrepresenting financial and product information. During the class period
of January 26 to June 13, 1996, Quarterdeck stock traded as high as $19-7/8
per share only to fall as low as $8 per share after the company's financial
disclosure at the end of the period.