Scott+Scott, LLC to File Lead Plaintiff Motion in Case Against DHB
November 03 2005 - 9:27AM
PR Newswire (US)
Shareholders Intend To File Lead Plaintiff Motion On November 8,
2005 In DHB Industries Securities Fraud Action COLCHESTER, Conn.,
Nov. 3 /PRNewswire/ -- Scott+Scott, LLC
(http://www.scott-scott.com/), the first to file a securities class
action against DHB Industries, Inc. (AMEX:DHB) on September 9, 2005
on behalf of its clients, will file a lead plaintiff motion with
the Court on November 8, 2005. Scott+Scott, representing both
individual and institutional investors of DHB in the United States
District Court for the Eastern District of New York (Case No.
2:05-cv-04296-JS-ETB), drafted a complaint on behalf of clients and
other shareholders after determining that the alleged fraud was
substantial and that the misrepresentations were material.
Purchasers of DHB securities between April 21, 2004 and August 29,
2005, inclusive (the "Class Period") are members of the purported
class. Contact Scott+Scott partner Neil Rothstein (, 800/332-2259,
ext. 22 or cell 619/251-0887) if you wish to discuss this action or
have questions concerning this notice. You may contact the firm for
more information (in the morning, the firm can be contacted at
800/404-7770). Scott+Scott will provide class members with case
materials, answer all questions regarding your participation and
rights and assist you with other services the firm provides. There
is no cost or fee to you. Institutional Investors may also contact
the firm at . The complaint, filed on September 9, 2005, alleges
that during the Class Period, DHB and certain individual
defendants, including CEO David Brooks, violated the Securities
Exchange Act of 1934 by making false and misleading statements
causing artificial inflation in the Company's stock price. For more
information, see Scott Scott's first press release at:
http://biz.yahoo.com/prnews/050909/nyf154.html?.v=1. The plaintiff
is represented by Scott+Scott, LLC, which has significant
experience in prosecuting investor class actions. The firm
dedicates itself to client communication and satisfaction and
currently is litigating major securities, antitrust and employee
retirement plan actions throughout the United States. The firm
represents pension funds, charities, foundations, individuals and
other entities worldwide. Cases currently being litigated and/or
investigated by Scott+Scott, LLC include: Refco, Inc.; Boston
Scientific Corp.; Commerce Bancorp; First BanCorp.; Guidant Corp.;
Cott Corp.; Packeteer Inc.; Mercury Computer Systems Inc.; Barrier
Therapeutics; and International Rectifier Corp., among others.
Please visit our website for more information. Website:
http://www.scott-scott.com DATASOURCE: Scott+Scott, LLC CONTACT:
Neil Rothstein of Scott+Scott, LLC, +1-800-332-2259, ext. 22, or
+1-619-251-0887,
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