Shareholders file suit against Virgin Mobile USA

By Pete Southern in Uncategorized | November 28, 2007 9:00 |

NEW YORK (Reuters) – Shareholders who lost money after investing in Virgin Mobile USA Inc’s IPO and stock have filed a class action lawsuit against the mobile service provider, Kahn Gauthier Swick, LLC said on Wednesday.

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NEW YORK (Reuters) – Freddie Mac , the second largest provider of financing for U.S. home loans, on Tuesday said it halved its quarterly dividend and will sell $6 billion in preferred stock to bolster capital in anticipation of mortgage-related losses.

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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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