Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Luminent Mortgage Capital, Inc.
14 Agosto 2007 - 11:00PM
PR Newswire (US)
BENSALEM, Pa., Aug. 14 /PRNewswire/ -- Law Offices of Howard G.
Smith announces that a securities class action lawsuit has been
filed on behalf of shareholders who purchased the publicly traded
securities of Luminent Mortgage Capital, Inc. ("Luminent" or the
"Company") (NYSE:LUM) between October 10, 2006, and August 6, 2007
(the "Class Period"). The class action lawsuit was filed in the
United States District Court for the Northern District of
California. The Complaint alleges that defendants violated federal
securities laws by issuing material misrepresentations to the
market concerning the Company's operations and prospects, thereby
artificially inflating the price of Luminent 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 Luminent shares between October 10, 2006, and
August 6, 2007, you have certain rights, and have until October 8,
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, 1-888-638-4847, Web
site: http://www.howardsmithlaw.com/
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