Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Northfield Laboratories, Inc.
March 22 2006 - 6:07PM
PR Newswire (US)
OKLAHOMA CITY, March 22 /PRNewswire/ -- On March 17, 2006, the
class action lawsuit was filed in the United States District Court
for the Northern District of Illinois against Northfield
Laboratories, Inc. (NASDAQ:NFLD). 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 February 20, 2004 through
February 21, 2006. 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 Tuesday, May 16, 2006, 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 Email 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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