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Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Microsoft Corp

Tuesday, 13 Aug 2013 04:38pm EDT 

On August 12, 2013, a class action lawsuit was filed in the United States District Court for the District of Massachusetts against Microsoft Corp. The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is April 18, 2013 through July 18, 2013. 

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