Tag Archives: structure

Blacklisted? Investors Rally Against Blackberry

Sweet or sour?

Blackberry’s tough times continue as their shareholders cry foul.  In a recent class-action lawsuit, thousands of investors claim that they were misled by the company’s lofty sales expectations.  Many are complaining that the company failed to compete with industry leaders Google and Apple (let alone Microsoft). The lawsuit includes a number of those who bought stock in Blackberry over the past calendar year.  Unhappy campers are furious that they mistakenly placed their faith in the wrong smartphone/technology movement and are seeking damages.  Read more