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LEHMAN BROS HLD Message Board

  • rodgwag@sbcglobal.net rodgwag Jun 11, 2008 11:01 PM Flag

    MORE TROUBLE FOR LEH

    Law Offices of Howard G. Smith Announces 19 Days Remaining to Move to Be a Lead Plaintiff in the Shareholder Lawsuit Against Lehman Brothers Holdings, Inc.

    June 11, 2008: 08:00 PM EST


    BENSALEM, Pa., June 11 /PRNewswire/ -- Law Offices of Howard G. Smith announces a June 30, 2008, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons who purchased the securities of Lehman Brothers Holdings, Inc. ("Lehman Brothers" or the "Company")(NYSE: LEH) between September 13, 2006 and July 30, 2007, inclusive (the "Class Period"), including shares acquired through the Company’s defined benefit pension plans. The shareholder lawsuit is pending in the United States District Court for the Northern District of Illinois.

    The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning Lehman Brothers’ financial performance and prospects, thereby artificially inflating the price of Lehman Brothers stock.

    No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Lehman Brothers securities between September 13, 2006 and July 30, 2007, or are a current or former employee who acquired shares through the Company’s defined benefit pension plans, you have certain rights, and have until June 30, 2008, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, by email to howardsmithlaw@hotmail.com or visit our website at http://www.howardsmithlaw.com.

    SOURCE Law Offices of Howard G. Smith