This one was filed by Wolf Haldenstein Adler Freeman and Herz in federal court and invites holders of both Emmis common stock (“EMMS”) and its preferred stock to join a future class action. The law firm alleges that Emmis filed a “materially false and misleading” proxy statement on May 27, and followed it up with other filings that contain omissions or misrepresentations. Emmis founder and CEO Jeff Smulyan, with backing from Alden Global Capital, is renewing his attempt to take Emmis private, as he first did in 2006. This time the offer is for $2.40 a share for the common stock. Today, it’s trading near the Wednesday close, just above $2.00.