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Taleo Corporation | Company Ticker: TLEO
Hagens Berman Sobol Shapiro is investigating claims of possible securities fraud at Taleo Corporation (NASDAQ: TLEO) based on claims of extensive insider selling while improperly recognizing revenues by the company's leadership.
Company stock hit a 52-week low on Nov. 11, 2008, after Taleo announced the delay of its third-quarter earning reports to review accounting practices. After the announcement company stock fell 28 percent to $7.99 per share.
The investigation includes investors who purchased Taleo stock from Oct. 4, 2005 to Nov. 10, 2008.
If you invested in Taleo stock during this outlined period, contact plaintiff's counsel by joining this investigation, calling (510) 725-3000, or e-mailing tleo@hbsslaw.com
You can also view more on other cases and investigations on our securities blog,
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