Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Collins & Aikman Corp.
14 Aprile 2005 - 4:55PM
PR Newswire (US)
Federman & Sherwood Announces That a Securities Class Action
Lawsuit Was Filed Against Collins & Aikman Corp. OKLAHOMA CITY,
April 14 /PRNewswire/ -- On April 5, 2005, the class action lawsuit
was filed in the United States District Court for the Eastern
District of Michigan against Collins & Aikman Corp. (NYSE:CKC).
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
May 6, 2004 through March 17, 2005. 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 June 4, 2005,
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 suit, or have any
questions or concerns regarding this notice, or preservation of
your rights, please contact: William B. Federman FEDERMAN &
SHERWOOD 120 N. Robinson, Suite 2720 Oklahoma City, OK 73102 (405)
235-1560/FAX: (405) 239-2112 mail to: http://www.federmanlaw.com/
DATASOURCE: Federman & Sherwood CONTACT: William B. Federman of
Federman & Sherwood, +1-405-235-1560, or fax, +1-405-239-2112,
or Web site: http://www.federmanlaw.com/
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