International business machine corporation shareholder alert: former
sec attorney willie briscoe and powers taylor investigate possible
breaches of fiduciary duty by officers and directors
Dallas--(business wire)--former united states securities and exchange commission attorney willie briscoe, founder of the briscoe law firm, pllc, and the securities litigation firm of powers taylor, llp announce that a federal class action lawsuit has been filed against international business machine corporation (“ibm” or “company”) (nyse: ibm). the firms are investigating additional legal claims against the officers and board of directors of ibm during the period of june 25, 2013 and october 16, 2013 (the “class period”). if you are an affected investor and you want to learn more about the lawsuit or join the action, contact willie briscoe at the briscoe law firm, pllc, (214) 239-4568, or via email at wbriscoe@thebriscoelawfirm.com, or zachary groover at powers taylor, llp, toll free (877) 728-9607, via e-mail at shareholder@powerstaylor.com. there is no cost or fee to you. in a recently filed federal class action complaint, ibm and certain of its officers and directors were charged with violating certain provisions of the securities exchange act of 1934. specifically, the complaint alleges that among other things, defendants misrepresented and/or failed to disclose its association with prism and the nsa spying scandal caused businesses in china and the chinese government to stop doing business with ibm, causing a dramatic decline in sales and the value of the stock. the briscoe law firm, pllc is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters. powers taylor, llp is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.
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