Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Popular Inc. (NASDAQ: BPOPN)
16 5월 2009 - 5:28AM
Marketwired
On May 14, 2009, a class action lawsuit was filed in the United
States District Court for the District of Puerto Rico against
Popular Inc. (NASDAQ: BPOPN). The complaint alleges violations of
federal securities laws, Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5, including allegations of
issuing a series of material misrepresentations to the market which
had the effect of artificially inflating the market price. The
class period is from January 23, 2008 through January 22, 2009.
Plaintiff seeks to recover damages on behalf of the Class. If
you are a member of the Class as described above, you may move the
Court no later than Monday, July 13, 2009, to serve as a lead
plaintiff for the Class. However, in order to do so, you must meet
certain legal requirements pursuant to the Private Securities
Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this or any
other lawsuit, or have any questions or concerns regarding this
notice, or preservation of your rights, please contact:
Contact: William B. Federman FEDERMAN & SHERWOOD 10205 North
Pennsylvania Avenue Oklahoma City, OK 73120 Email to:
wbf@federmanlaw.com www.federmanlaw.com
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