Carreker Corporation Securities Litigation
The lawsuit claims that Defendants misled investors by misrepresenting Carreker's financial condition. Specifically, the lawsuit claims that Defendants issued press releases and financial statements that misrepresented the Company's revenue and earnings. The lawsuit claims that as a result of these false and misleading statements, the value of Carreker stock was inflated, and that investors who purchased Carreker stock at these inflated prices were damaged. Defendants deny they did anything wrong.
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