Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Blue Coat Systems, Inc.
Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Blue Coat Systems, Inc.: "OKLAHOMA CITY, April 19 /PRNewswire/ -- On April 11, 2005, the class action lawsuit was filed in the United States District Court for the Northern District of California against Blue Coat Systems, Inc. (Nasdaq: BCSI - News). 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 May 27, 2004." (Full story at link)
posted by Monkeyman @ 8:47 AM
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