Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in IndyMac Bancorp, Inc. to Inquire Abou
June 18 2008 - 3:41PM
Marketwired
BALTIMORE, MD (NYSE: IMB) between August 16, 2007 and May 12,
2008, inclusive (the "Class Period"). No class has yet been
certified in this action.
Members of the Class will be represented by the lead plaintiff
and counsel chosen by the lead plaintiff. If you wish to choose
counsel to represent you and the Class, you must apply to be
appointed lead plaintiff no later than August 11, 2008 and be
selected by the Court. The lead plaintiff will direct the
litigation and participate in all important decisions including
whether to accept a settlement and how much of a settlement to
accept for the Class in the action. The lead plaintiff will be
selected from among applicants claiming the largest loss from
investment in the Company during the Class Period. If you have a
net loss in excess of $100,000 incurred from transactions in
IndyMac securities during the Class Period and are interested in
directing the course of this litigation for plaintiffs, please
contact Brower Piven (hoffman@browerpiven.com or 410/332-0030) to
answer any questions you may have in that regard.
The complaint charges IndyMac and certain of its officers and
directors with violations under the Securities Exchange Act of 1934
by issuing materially false and misleading statements regarding the
Company's business and financial results.
If you have suffered a net loss for all transactions in IndyMac
securities during the Class Period (including shares or possibly
calls purchased during, but retained after, the Class Period or
possibly put options sold but not covered until after the Class
Period), you may obtain additional information about this lawsuit
and your ability to become a lead plaintiff by contacting Brower
Piven at www.browerpiven.com, by email at hoffman@browerpiven.com,
by calling 410-332-0030, or at Brower Piven, A Professional
Corporation, The World Trade Center-Baltimore, 401 East Pratt
Street, Suite 2525, Baltimore, Maryland 21202. Attorneys at Brower
Piven have combined experience litigating securities and class
action cases of over 40 years. If you choose to retain counsel, you
may retain Brower Piven without financial obligation or cost to
you, or you may retain other counsel of your choice.
CONTACT: Charles J. Piven Brower Piven, A Professional
Corporation Baltimore, Maryland 410/332-0030 Email Contact
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