COINSTAR : Securities Class Action Against Coinstar, Inc. Prompts Shareholder Claims Investigation by Goldfarb Branham Law Firm LLP
01/25/2011| 02:10pm US/Eastern
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Goldfarb
Branham LLP is investigating whether certain officers and directors
of Coinstar, Inc. (Nasdaq: CSTR) violated shareholder protection laws
between October 28, 2010 and January 13, 2011. Shareholders – or anyone
with knowledge of Coinstar's conduct during this time period – are
encouraged to contact Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.
?The class action states that the company failed to disclose important
information about (1) poor inventory management; (2) lower sales of
Blu-ray DVDs; (3) the 28 day delay imposed by movie studios was
adversely affecting the company; (4) and online video streaming was
affecting the company worse than the company had indicated,? said
securities lawyer Hamilton Lindley. ?When defendants reported the
results for the fourth quarter, the stock plummeted 30% in one day.?
Goldfarb Branham's lawyers have significant experience representing
individual and institutional investors in over 100 shareholder class
action cases. A firm securities lawyer, Hamilton Lindley, can be reached
at hlindley@goldfarbbranham.com
or 877-583-2855 to discuss the impact of this class action on Coinstar
shareholders.
Goldfarb Branham LLP
Hamilton Lindley, 214-583-2233
Toll Free:
877-583-2855
Facsimile: 214-583-2234
hlindley@goldfarbbranham.com
www.goldfarbbranham.com
© Business Wire 2011
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