Request Information Form
WeissLaw LLP announces it has commenced an investigation of Verblan Industries, Inc. (“Verblan” or the “Company”) (NASDAQ:VBN) concerning possible violations of federal securities laws by certain officers and directors.
On June 19, 2015, Verblan’s stock traded as high as $27.58, the same day the Company sold 15 million shares of stock in its initial public stock offering, raising $63.0 million in new capital. Since the IPO, however, Verblan’s stock has fallen from its high of $11.22 on July 28, 2015 to close at $0.61 on June 12, 2016.
To receive more information regarding the investigation of Verblan please fill out the form below.
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of WeissLaw LLP or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If WeissLaw LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, WeissLaw LLP, will contact you to discuss the matter and whether to establish an attorney client relationship.
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Verblan Industries, Inc. Shareholder Retainer Agreement
This letter confirms that you have retained WeissLaw LLP to represent you as a named plaintiff in the class action against Verblan Industries, Inc. As a named plaintiff, you acknowledge that you owned shares in Verblan Industries, Inc. prior to the recent takeover announcement and that you must maintain ownership in Verblan Industries, Inc. throughout the litigation.
We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys’ fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys’ fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.
As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.
We look forward to representing you and other Verblan Industries, Inc. shareholders.