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the downward spiral

Nothing pleases us more than to see the truth being exposed when it comes to Dan Meyers and the company he founded. We probably don’t need to remind you that he is suing us

San Diego, CA — (SBWIRE) — 08/27/2013 — An investigation on behalf of investors of The First Marblehead Corporation (NYSE:FMD) shares over potential securities laws violations by The First Marblehead Corporation and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of The First Marblehead Corporation (NYSE:FMD) concerning whether a series of statements by The First Marblehead Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Investors who purchased shares of The First Marblehead Corporation (NYSE:FMD) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

Update: As of 8/28, the stock has lost another 5%, now currently trading at 83 cents a sharePenny stock, anyone?

More here.

 

August 27th, 2013

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FSS_SA

Gunboat 60 sailing in Annapolis, MD.

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