Sunday, April 24, 2005

Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against Collins & Aikman Corp. -- CKC : ArriveNet Press Releases : Business

Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against Collins & Aikman Corp. -- CKC : ArriveNet Press Releases : Business: "PHILADELPHIA, PA -- (Market Wire - Apr 07, 2005) -- Law Offices of Brian M. Felgoise, P.C. announces that a securities class action has been commenced on behalf of shareholders who acquired Collins & Aikman Corp. (NYSE: CKC) securities between May 6, 2004 and March 17, 2005, inclusive (the Class Period).

The case is pending in the United States District Court for the Eastern District of Michigan, against the company and certain key officers and directors.

The action charges that defendants violated the federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period which statements had the effect of artificially inflating the market price of the Company's securities." (Full story at link)

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