Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Ambassadors Group Inc.
July 14 2009 - 10:30PM
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 Ambassadors Group Inc.
(�Ambassadors Group� or the �Company�) (NASDAQ:EPAX) between
February 8, 2007 and October 23, 2007, inclusive (the �Class
Period�). The class action lawsuit was filed in the United States
District Court for the Eastern District of Washington.
The Complaint alleges that the defendants violated federal
securities laws by issuing material misrepresentations to the
market concerning Ambassadors Group�s business and prospects,
thereby artificially inflating the price of Ambassadors Group
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 Ambassadors Group common stock between
February 8, 2007 and October 23, 2007, you have certain rights, and
have until September 14, 2009, 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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