Sunday, May 01, 2005

Attorney Christopher Gray Files Securities Fraud Class Action against BearingPoint Seeking Recovery of Investor Losses -- BE

"NEW YORK, April 29, 2005 (PRIMEZONE) -- Attorney Christopher Gray of the Law Office of Christopher J. Gray, P.C. ((212) 838-3221 or newcases@cjgraylaw.com) filed a class action lawsuit on April 26, 2005 in the United States District Court for the Eastern District of Virginia, on behalf of persons who purchased or otherwise acquired the publicly traded securities of BearingPoint, Inc. ('BearingPoint' or the 'Company') (NYSE:BE) between August 14, 2003 and April 21, 2005, inclusive (the 'Class Period'). The lawsuit asserts claims against BearingPoint, Randolph C. Blazer, Robert S. Falcone and PricewaterhouseCoopers, LLP ('defendants'). The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated by the SEC thereunder and seeks to recover damages. Any member of the class may move the Court to be named lead plaintiff. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2005." (Full article at link)

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