Seeking Alpha

Heckmann (HEK) settles a shareholder lawsuit surrounding the 2010 acquisition of China Water...

Heckmann (HEK) settles a shareholder lawsuit surrounding the 2010 acquisition of China Water & Drinks, agreeing to pay plaintiffs attorneys $300K and issue to them 562,320 shares of company stock, while denying all allegations of wrongdoing. (PR)
Comments (4)
  • gsterling
    , contributor
    Comments (758) | Send Message
     
    Sounds like the shareholders really made out on that. Thanks leeches... I mean lawyers!
    1 Apr 2013, 07:36 AM Reply Like
  • Bob Curtin
    , contributor
    Comments (80) | Send Message
     
    Maybe there is a case for a class action against the class action lawyers.
    1 Apr 2013, 08:27 AM Reply Like
  • cer365
    , contributor
    Comment (1) | Send Message
     
    Wait... the attorneys for shareholders get $300k and over half million shares of HEK stock. What did the stockholders come out with?
    1 Apr 2013, 10:34 AM Reply Like
  • cn_habs
    , contributor
    Comments (330) | Send Message
     
    Losses of course. :(
    1 Apr 2013, 12:47 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs