Schatz & Nobel, P.C. Announces Class Action Against American Italian Pasta Company
17 8월 2005 - 1:55AM
PR Newswire (US)
HARTFORD, Conn., Aug. 16 /PRNewswire/ -- The law firm of Schatz
& Nobel, P.C., which has significant experience representing
investors in prosecuting claims of securities fraud, announces that
a lawsuit seeking class action status has been filed in the United
States District Court for the Western District of Missouri on
behalf of all persons who purchased the common stock of American
Italian Pasta Company (NYSE:PLB) ("AIPC") between October 25, 2000
and August 9, 2005 (the "Class Period"). The Complaint alleges that
AIPC violated federal securities laws by issuing financial
statements that did not conform to Generally Accepted Accounting
Principles (GAAP). On August 9, 2005, AIPC announced a $60.7
million accounting charge and a Securities and Exchange Commission
("SEC") inquiry. AIPC stated that the SEC was investigating it for
various unspecified financial restatements and for transactions of
the company's stock by outsiders in late 2004 and early 2005. AIPC
also stated that its Audit Committee was conducting an internal
investigation. On this news, AIPC stock fell from a close of $20.94
per share on August 9, 2005, to close at $13.28 per share on August
10, 2005. If you are a member of the class, you may, no later than
October 11, 2005, request that the Court appoint you as lead
plaintiff of the class. A lead plaintiff is a class member that
acts on behalf of other class members in directing the litigation.
Although your ability to share in any recovery is not affected by
the decision whether or not to seek appointment as a lead
plaintiff, lead plaintiffs make important decisions which could
affect the overall recovery for class members, including decisions
concerning settlement. The securities laws require the Court to
consider the class member(s) with the largest financial interest as
presumptively the most adequate lead plaintiff(s). While Schatz
& Nobel has not filed a lawsuit against the defendants, to view
a copy of the Complaint initiating the class action or for more
information about the case, class action cases in general, and your
rights, please contact Schatz & Nobel toll-free at (800)
797-5499, or by e-mail at , or visit our website:
http://www.snlaw.net/. CONTACT: Wayne T. Boulton or Nancy A. Kulesa
Tel.: (800) 797-5499 Website: http://www.snlaw.net/ e-mail:
DATASOURCE: Schatz & Nobel, P.C. CONTACT: Wayne T. Boulton or
Nancy A. Kulesa of Schatz & Nobel, +1-800-797-5499, Web site:
http://www.snlaw.net/
Copyright
American Italian Pasta (NYSE:PLB)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
American Italian Pasta (NYSE:PLB)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
American Italian Pasta (뉴욕 증권거래소)의 실시간 뉴스: 최근 기사 0
More Amer Ital Pasta News Articles