Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Canadian Superior Energy, Inc.
December 18 2009 - 10:00PM
Business Wire
Law Offices of Howard G. Smith announces that a securities class
action lawsuit has been filed on behalf of all persons or entities
who purchased the common stock of Canadian Superior Energy, Inc.
(“Canadian Superior” or the “Company”) (AMEX:SNG) between January 14, 2008 and
February 17, 2009, inclusive (the “Class Period”). The class action
lawsuit was filed in the United States District Court for the
Southern District of New York.
The Complaint alleges that the defendants violated federal
securities laws by issuing material misrepresentations to the
market concerning Canadian Superior’s business, operations and
prospects, thereby artificially inflating the price of the
Company’s securities.
No class has yet been certified in the above action. Until a
class is certified, you are not represented by counsel unless you
retain one. If you purchased Canadian Superior Energy, Inc. common
stock between January 14, 2008 and February 17, 2009, you have
certain rights, and have until February 8, 2010, to move for Lead
Plaintiff status. To be a member of the class you need not take any
action at this time, and you may retain counsel of your choice. If
you wish to discuss this action or have any questions concerning
this Notice or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at
(888)638-4847, by email to howardsmith@howardsmithlaw.com or visit
our website at www.howardsmithlaw.com.
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