Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Sterling Financial Corporation
30 Maggio 2007 - 3:00AM
PR Newswire (US)
BENSALEM, Pa., May 29 /PRNewswire/ -- Law Offices of Howard G.
Smith announces that a securities class action lawsuit has been
filed on behalf of all investors who purchased the common stock of
Sterling Financial Corporation ("Sterling" or the "Company")
(NASDAQ:SLFI) between April 27, 2004 and May 24, 2007, inclusive
(the "Class Period"). The class action lawsuit was filed in the
United States District Court for the Southern District of New York.
The Complaint alleges that defendants violated federal securities
laws by issuing material misrepresentations to the market
concerning the Company's financial performance, thereby
artificially inflating the price of Sterling securities. No class
has yet been certified in the above action. Until a class is
certified, you are not represented by counsel unless you retain
one. If you purchased Sterling common stock between April 27, 2004
and May 24, 2007, you have certain rights, and have until July 24,
2007, to move for Lead Plaintiff status. To be a member of the
class you need not take any action at this time, and you may retain
counsel of your choice. If you wish to discuss this action or have
any questions concerning this Notice or your rights or interests
with respect to these matters, please contact Howard G. Smith,
Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020, by telephone at
(215)638-4847, Toll-Free at (888)638-4847, by email to or visit our
website at http://www.howardsmithlaw.com/. DATASOURCE: Law Offices
of Howard G. Smith CONTACT: Howard G. Smith, Esquire, of Law
Offices of Howard G. Smith, +1-215-638-4847, Web site:
http://www.howardsmithlaw.com/
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