ACLN

AcronymDefinition
ACLNAnnapolis County Learning Network (Canada)
ACLNAustralian Control Line News (newsletter)
ACLNAmerican Corporate Leadership Network
ACLNAbbotsford Christian Leaders Network (Canada)
References in periodicals archive ?
ACLN was founded in 1978 to ship new and pre-owned cars between Europe and North and West Africa.
In 2000, following what it called 'Extraordinary demand for cars in Africa' ACLN Ltd reported a revenue of $168m and net income of $43m - an increase of 73% and 60% respectively from 1999.
Plaintiff alleges that during the period of June 29, 2000 to December 20, 2001 inclusive (the "Class Period") Defendants issued a series of material misrepresentations to the market in press releases and SEC filings thereby artificially inflating the price of ACLN securities.
The complaint accuses ACLN, a wholesale automobile dealer and shipper based in Belgium, of violating sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
The action is pending in the United States District Court, Southern District of New York, located at 500 Pearl Street, New York, NY against defendants ACLN, Joseph Bisschops, Aldo Labiad and Alex De Ridder.
The action, numbered 01 CV 11822, is pending in the United States District Court, Southern District of New York, located at 500 Pearl Street, New York, NY against defendants ACLN, Joseph Bisschops, Aldo Labiad and Alex De Ridder.
As a result of the eventual disclosure of this concealed information, the price of ACLN stock plunged over 60% in one day.
The complaint alleges that ACLN and certain of its officers and directors, violated federal securities laws by, among other things: issuing false and misleading statements regarding the Company's ownership of key assets and its financial condition, including discrepancies in its publicly reported earnings and the ownership and disposition of millions of shares ACLN stock.
The action is pending in the United States District Court, Central District of California, against defendants ACLN, Joseph Bisschops, Aldo Labiad, Christian Payne, Michael Doherty, Earl Gould, and Charles Brock.
The Complaint alleges that as a result of these false and misleading statements the price of ACLN securities were artificially inflated throughout the Class Period causing plaintiff and the other members of the Class to suffer damages.
ACLN Limited (Nasdaq:ACLNF) today announced that in the month of February it shipped approximately 12,000 automobiles.