Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Axsys Technologies, Inc. (NASDAQ: AX
June 15 2010 - 3:57PM
Marketwired
On June 9, 2010, a class action lawsuit was filed in the United
States District Court for the District of Connecticut against Axsys
Technologies, Inc. (NASDAQ: AXYS). 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 of issuing a series of material misrepresentations to
the market which had the effect of artificially inflating the
market price. The class period is from June 9, 2009 through
September 2, 2009.
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, August 9, 2010, 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 (405) 235-1560 Email
to: wbf@federmanlaw.com www.federmanlaw.com
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