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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, 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 ...
The Weiser Law Firm, P.C. Announces A Proposed Second Partial Class Action ...
ALL PERSONS AND ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED THE SECURITIES OF VELTI PLC (“SHARES”) BETWEEN JANUARY 27, 2011 AND AUGUST 20, 2013, INCLUSIVE.
Velti Announces Agreement to Sell Mobile Marketing Businesses in US, UK, and ...
SAN FRANCISCO, Nov. 4, 2013 /PRNewswire/ -- Velti plc (NASDAQ: VELT), a leading global provider of mobile marketing and advertising technology, announced today that it has agreed to sell its U.S.
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Velti Announces Resignation of Officers and Director
SAN FRANCISCO, Jan. 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 ...
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Mobile marketing group sold out of administration
DLA Piper assisted Deloitte in the sale process. Rick Chesley, who advised from the US side, said: “We are delighted to have advised Velti plc and its subsidiaries, and subsequently the UK administrators, on the successful sale of the Group'ss MMBU ...