BENSALEM, Pa., April 16 /PRNewswire/ -- Law Offices of Howard G. Smith announces that it is investigating potential claims against The First Marblehead Corporation ("First Marblehead" or the "Company") concerning possible securities law violations by First Marblehead and certain of its executive officers between August 10, 2006 and April 7, 2008, inclusive (the "Class Period"), relating to the performance and quality of the Company's securitizations.
The investigation concerns alleged misrepresentations during the Class Period concerning, among other things, the level of default rates in the Company's portfolio and the default rates' effect on the Company's ability to securitize additional student loan underwritings.
If you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll-Free at (888) 638-4847.
