Class Action Lawsuit News

Milberg Weiss Announces The Filing Of A Class Action Suit Against BearingPoint, Inc., And Certain Of Its Officers and Directors On Behalf of Investors

Milberg Weiss Announces The Filing Of A Class Action Suit Against BearingPoint, Inc., And Certain Of Its Officers and Directors On Behalf of Investors: "NEW YORK--(BUSINESS WIRE)--May 3, 2005--The law firm of Milberg Weiss Bershad & Schulman LLP announces that a class action lawsuit was filed on May 2, 2005, on behalf of purchasers of the securities of BearingPoint, Inc. ('BearingPoint' or the 'Company') (NYSE: BE) between August 14, 2003 and April 20, 2005, inclusive, (the 'Class Period') seeking to pursue remedies under the Securities Exchange Act of 1934 (the 'Exchange Act').

If you bought the securities of BearingPoint between August 14, 2003 and April 20, 2005, and sustained damages, you may, no later than June 24, 2005, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as 'lead plaintiff.' Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Milberg Weiss Bershad & Schulman LLP, or other counsel of your choice, to serve as your counsel in this action." (Full story at link)

posted by Monkeyman @ 9:11 PM