During 2009 Sarit Tamar, an individual shareholder in the company, filed a purported class action securities lawsuit against the company, certain of the company's officers, and one of the company's directors. The complaint sought unspecified compensatory damages for, among other things, alleged misleading statements relating primarily to the Company's investment in auction rate securities. Federman and Sherwood (federmanlaw.publishpath.com) represented the plaintiff and Troutman Sanders represented the company. The company defended itself against the suit, and in July 2010 the United States District Court for the Southern District of New York issued a decision, dismissing the complaint against all defendants without leave to amend.