Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Lawsuit Has Been Filed Against Cano Petroleum, Inc. (AMEX:
October 30 2008 - 2:32PM
Marketwired
A shareholder class action lawsuit has been filed in the United
States District Court for the Southern District of New York against
certain officers, directors and underwriters of Cano Petroleum,
Inc. ("Cano" or the "Company") (AMEX: CFW) on behalf of purchasers
of Cano stock whose purchases are traceable to the Company's
secondary offering of June 26, 2008.
The lawsuit alleges the defendants violated the Securities Act
of 1933 by making false and misleading statements to the public in
the Company's Registration Statement and Prospectus, in which the
defendants allegedly misrepresented and/or overstated the Company's
proved reserve amounts.
If you are a Cano shareholder with questions concerning your
legal rights, you are invited to contact Holzer Holzer &
Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq., or
Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or
mdees@holzerlaw.com, or via toll-free telephone at (888)
508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm
that dedicates its practice to vigorous representation of
shareholders and investors in litigation nationwide, including
shareholder class action and derivative litigation. More
information about the firm is available through its website,
www.holzerlaw.com and upon request from the firm. Holzer Holzer
& Fistel, LLC has paid for the dissemination of this
promotional communication, and Michael I. Fistel, Jr. is the
attorney responsible for its content.
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