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Velti Investors' Baker Tilly Securities Suit In Trouble
Law360, San Francisco (August 5, 2015, 9:23 PM EDT) -- A California federal judge cast doubt Wednesday on Velti PLC investors' claims that accountants Baker Tilly Virchow Krause LLP and Velti's underwriters misled shareholders before Velti wrote off ...
Velti to sell businesses to Blackstone, US ops file for bankruptc...
Nov 4 Ireland's Velti Plc said it would sell its mobile marketing business in the United States, Britain and India to a unit of Blackstone Group LP, and that it had filed for bankruptcy under Chapter 11 for its remaining U.S.
Should You Buy Velti Plc (VELT)?
According to our 13F database, Peter S. Park's Park West Asset Management had the largest position in Velti Plc (NASDAQ:VELT), worth close to $11.1 million, accounting for 1.3% of its total 13F portfolio.
Velti Investors' Accountant, Underwriter Claims Thrown Out
Law360, New York (October 2, 2015, 1:27 PM EDT) -- A California federal judge has dismissed Velti PLC investors' claims that accountants and underwriters working with the mobile-advertising company concealed its poor financial prospects, saying the ...
Velti Wins Approval of Interim Bankruptcy Financing
Velti, a San Francisco-based unit of Velti Plc, listed assets of as much $50 million and debt of as much as $100 million in Chapter 11 documents filed this week.
Velti Announces Agreement to Sell Mobile Marketing Businesses in US, UK, and ...  PR Newswire (press release)
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Velti, Blackstone Units Rip Creditors' Ch. 11 Sale Gripes
Law360, Wilmington (November 27, 2013, 4:56 PM EST) -- U.S. units of mobile marketer Velti PLC and their stalking horse bidder, the credit arm of Blackstone Group LP, pushed back Wednesday against criticism of the bankruptcy case from the creditors ...
US Trustee Balks At Velti's Proposed Financial Adviser
Velti PLC's U.S. units, which do the bulk of their business in mobile marketing, filed for Chapter 11 protection in November, citing the fallout over the eurozone crisis and the rapid deterioration of the Greek economy that began in 2010.
The Weiser Law Firm, PC, Berman DeValerio, and Labaton Sucharow, LLP Announces ...
You may also obtain copies by writing to In re Velti plc Securities Litigation, Claims Administrator, c/o Strategic Claims Services P.O.
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Velti Buys Air2Web for $19m
Velti will pay an up-front consideration of approximately $8.4m for the remaining interest in CASEE, made up of $3.9m in cash, and, at Velti's discretion at close, $4.5m in cash or common shares of Velti plc. In addition, based upon CASEE's financial ...
Velti Announces Resignation of Officers and Director
6, 2014 /PRNewswire/ -- Velti plc announced today that in conjunction with the completion of the sale of its mobile marketing business to GSO Capital Partners LP ("GSO"), Jeff Ross has resigned his position as chief financial officer and Phokion ...
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