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Article: SpongeTech[R] Delivery Systems, Inc. Announces Class Action Lawsuits, Resignation of Deloitte & Touche LLP and Files Lawsuit Against Cresta Capital Strategies, LLC.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- November 4, 2009
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SpongeTech[R] Delivery Systems, Inc. (the "Company" or "SpongeTech") "The Smarter Sponge™" (SPNG) announced that a lawsuit was filed on October 9, 2009 by The Rosen Law Firm, P.A., in the United States District Court for the Southern District of New York against SpongeTech, and its officers and directors, Michael L. Metter, Steven Moskowitz, Frank Lazauskas as well as RM Enterprises International, Inc. (an entity in which SpongeTech's directors and officers hold direct and/or indirect ownership interests, and of which Mr. Moskowitz and Mr. Lazauskas serve as officers and/or directors), as a purported class action suit on behalf of all purchasers of SpongeTech stock ...