Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Exide Technologies (NASDAQ: XIDE)
April 16 2013 - 6:28PM
Marketwired
On April 15, 2013, a class action lawsuit was filed in the United
States District Court for the Central District of California
against Exide Technologies (NASDAQ: XIDE). 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 or false
misrepresentations to the market which had the effect of
artificially inflating the market price during the Class Period,
which is February 9, 2012 through April 3, 2013.
Plaintiff seeks to recover damages on behalf of all Exide
Technologies shareholders who purchased common stock during the
Class Period and are therefore a member of the Class as described
above. You may move the Court no later than Friday, June 14, 2013
to serve as a lead plaintiff for the entire 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, obtain further information
and participate in this or any other securities litigation, or
should you 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: kln@federmanlaw.com Or,
visit the firm's website at www.federmanlaw.com
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