DEADLINE ALERT: Rigrodsky & Long, P.A. Reminds Shareholders of Poseidon Concepts Corp. of Upcoming Deadline
April 05 2013 - 1:35PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you, or did you, own shares in
Poseidon Concepts Corp. (OTC PINK: POOSF)?
- Did you purchase your shares between
May 9, 2012 and February 14, 2013, inclusive?
- Did you lose money in your
investment in Poseidon Concepts Corp.?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. reminds shareholders of Poseidon
Concepts Corp. (OTC PINK: POOSF) (“Poseidon” or the “Company”) of
an upcoming deadline involving a securities fraud class action
lawsuit commenced against the Company.
A complaint was filed in the United States District Court for
the Southern District of New York on behalf of all persons or
entities that purchased the common stock of Poseidon between May 9,
2012 and February 14, 2013, inclusive (the “Class Period”),
alleging violations of Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 against the Company and certain of its
officers (the “Complaint”). If you wish to serve as lead plaintiff,
you must move the Court no later than April 24, 2013.
If you purchased shares of Poseidon during the Class Period and
wish to discuss this action or have any questions concerning this
notice or your rights or interests, please contact Timothy J.
MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A.,
825 East Gate Boulevard, Suite 300, Garden City, NY at (888)
969-4242, by e-mail to info@rigrodskylong.com, or at:
http://www.rigrodskylong.com/investigations/poseidon-concepts-corp-poosf.
A lead plaintiff is a representative party acting on behalf of
other class members in directing the litigation. In order to be
appointed lead plaintiff, the Court must determine that the class
member’s claim is typical of the claims of other class members, and
that the class member will adequately represent the class. Your
ability to share in any recovery is not, however, affected by the
decision whether or not to serve as a lead plaintiff. Any member of
the proposed class may move the court to serve as lead plaintiff
through counsel of their choice, or may choose to do nothing and
remain an absent class member.
While Rigrodsky & Long, P.A. did not file the Complaint in
this matter, the firm, with offices in Wilmington, Delaware and
Garden City, New York, regularly litigates securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, including claims for breach of
fiduciary duty and proxy violations in the Delaware Court of
Chancery and in state and federal courts throughout the United
States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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