Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Cano Petroleum, Inc. (AMEX: CFW)
October 09 2008 - 4:53PM
Marketwired
On October 2, 2008, a class action lawsuit was filed in the United
States District Court for the Southern District of New York against
Cano Petroleum, Inc. (AMEX: CFW). The complaint alleges violations
of federal securities laws, Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934 and Rule 10b-5, including
allegations that the Company issued a series of false and material
misrepresentations in its registration statement and prospectus
filed with the SEC in connection with its Secondary Public Offering
on June 26, 2008.
Plaintiff seeks to recover damages on behalf of the Class. If
you are a member of the Class as described above, you may move the
Court no later than Monday, December 8, 2008, to serve as a lead
plaintiff for the Class. However, in order to do so, you must meet
certain legal requirements pursuant to the Private Securities
Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this or any
other lawsuit, or have any questions or concerns regarding this
notice, or preservation of your rights, please contact:
William B. Federman FEDERMAN & SHERWOOD 10205 North
Pennsylvania Avenue Oklahoma City, OK 73120 Email to:
wfederman@aol.com www.federmanlaw.com
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