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HEI Leaps on Erroneous Google Ownership Report

Was this a scam so people would buy their stock, or just confusion?

Early in the trading session, Dow Jones Newswires, a unit of Dow Jones & Co., published a report that erroneously identified HEI as owning about 1.2 million warrants for class B Google shares, HEI said. Google filed recently for a long-awaited initial public offering of stock.

However, it is Heidrick & Struggles that owns the warrants in question. Heidrick reported holding the shares in its quarterly report with securities regulators on Monday.

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