Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Luminent Mortgage Capital, Inc.
10 Agosto 2007 - 1:17AM
PR Newswire (US)
OKLAHOMA CITY, Aug. 9 /PRNewswire/ -- On August 8, 2007, a class
action lawsuit was filed in the United States District Court for
the Northern District of California against Luminent Mortgage
Capital, Inc. (NYSE:LUM). 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 July 24, 2007 through August 6, 2007.
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, October 8, 2007, 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: K. Lynn Nunn FEDERMAN & SHERWOOD 10205 North
Pennsylvania Avenue Oklahoma City, OK 73120 Email to: --
http://www.federmanlaw.com/ DATASOURCE: Federman & Sherwood
CONTACT: K. Lynn Nunn of Federman & Sherwood, +1-405-235-1560,
Web site: http://www.federmanlaw.com/
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