Vonage Class Action in the Works

Cite this Article
Bill Sjostrom, Vonage Class Action in the Works, Truth on the Market (June 02, 2006), https://truthonthemarket.com/2006/06/02/vonage-class-action-in-the-works/

The New York Post is reporting (see here) that a law firm is trying to put together a class action of those who purchased shares in Vonage’s IPO through its directed share program.  As discussed here and here, the marketing of the program ran afoul of some technical SEC requirements.