Holzer Holzer & Fistel, LLC Announces That It Has Filed a Shareholder Class Action Against Perini Corp. (NYSE: PCR)
August 27 2008 - 4:00PM
Marketwired
Holzer Holzer & Fistel, LLC announces that it has filed a
shareholder class action lawsuit in the United States District
Court for the District of Massachusetts on behalf of purchasers of
Perini Corp. ("Perini" or the "Company") (NYSE: PCR) common stock
during the period between November 2, 2006 and January 17, 2008
(the Class Period).
The complaint charges Perini and certain of its officers and
directors with violations of the Securities Exchange Act of 1934.
The complaint alleges Perini issued false and misleading public
statements and disclosures concerning the Company's financial
condition, including statements about the risks associated with its
CityCenter Project in Las Vegas, Nevada, which caused the Company's
stock to trade at artificially inflated prices.
Purchasers of Perini common stock during the Class Period have
the legal right to petition the Court to be appointed a "lead
plaintiff." A lead plaintiff is a representative party that acts on
behalf of other class members in directing the litigation. Any such
request must satisfy certain criteria and be made on or before
October 20, 2008. Any member of the purported class may move the
Court to serve as lead plaintiff through counsel of their choice,
or may choose to do nothing and remain an absent class member. If
you are a Perini investor and would like to discuss a potential
lead plaintiff appointment, or your rights and interests with
respect to the lawsuit, you may contact 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.
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