TORONTO (AP) — A class action lawsuit has been filed against BlackBerry by a shareholder claiming the company misled investors about its future, including how the BlackBerry 10 smartphone line would fare against competitors.
The lawsuit seeks to represent thousands of shareholders who purchased BlackBerry stock from Sept. 27, 2012, to Sept. 20, 2013, a period in which it alleges executives misrepresented the state of BlackBerry's operations.
Marvin Pearlstein filed the lawsuit in a Manhattan court on Friday.
BlackBerry's CEO Thorsten Heins and chief financial officer Brian Bidulka are also named as defendants.
BlackBerry declined to comment.
BlackBerry disclosed last month that it would book nearly a billion dollars in losses related primarily to the write down of unsold BlackBerry Z10 touchscreen smartphones.
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The Wyoming County Sheriff’s Office says a tractor trailer crashed on Route 39, in the Town of Eagle.
One letter was about the violent altercation between Jim Ying and another employee, and in the other letter Ying described why the restaurant is closing.
A Good Samaritan died Wednesday while trying to assist the driver of a tractor trailer who got stuck in the snow.
Lake Effect Snow Warnings today with the chance for an additional foot for some areas.
The long-arm of the law caught up to two men who allegedly stole a gun and other hunting items out of a cabin in Genesee Falls this past April.
Troopers say 24-year-old David Woods and 20-year-old Tierra Willis, both of Buffalo, used a stolen credit card to buy more than $600 worth of goods at the Wal-Mart on Sheridan Drive in Amherst on November 24.