Landskroner - Grieco - Madden, Ltd. Files Securities Class Action Against Xybernaut Corporation - XYBRE
Landskroner - Grieco - Madden, Ltd. Files Securities Class Action Against Xybernaut Corporation - XYBRE: "CLEVELAND, May 5, 2005 (PRIMEZONE) -- Landskroner - Grieco - Madden, Ltd., has filed a lawsuit seeking class action status in the United States District Court for the District of Delaware on behalf of all persons (the 'Class') who purchased the securities of Xybernaut Corporation (Nasdaq:XYBRE) ('Xybernaut' or the 'Company') during the period March 27, 2003 and April 8, 2005 (the 'Class Period'). A copy of the Complaint may be obtained from the Court, or you can call our offices toll free at (866) 522-9500 to speak with an attorney regarding this matter and we will send you a copy of the Complaint.The Complaint charges Xybernaut, Edward G. Newman, Steven A. Newman, M.D., and Thomas D. Davis with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. More specifically, the Complaint alleges that the Company omitted or misrepresented material facts about its financial condition, business prospects, revenue expectations and internal controls during the Class Period." (Full article at link)
posted by Monkeyman @ 12:30 AM
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