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New York.(JUST IN)

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| June 09, 2008 | COPYRIGHT 2003 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission. (Hide copyright information)Copyright

NEW YORK -- A shareholder class-action lawsuit has been filed against MaggieMoo's parent NEXCEN BRANDS INC. for alleged violations of securities laws in the company's $93.7 million acquisition of GREAT AMERICAN COOKIE CO., according to a statement from the plaintiffs' legal counsel. Radnor, Pa.-based SCHIFFRIN BARROWAY TOPAZ & KESSLER LLP asserts in the statement that NexCen had secured financing for the deal in part by agreeing to an accelerated-redemption provision that required NexCen to repay half of the amount it had borrowed by a particular date. When the …

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