Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Custom Designed Compressor Systems, Inc.
August 16 2005 - 5:55PM
PR Newswire (US)
OKLAHOMA CITY, Aug. 16 /PRNewswire-FirstCall/ -- On August 10,
2005, the class action lawsuit was filed in the United States
District Court for the District of New Mexico against Custom
Designed Compressor Systems, Inc. (OTC Pink Sheets: CPYJ). 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
September 14, 2004 through October 22, 2004. 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
October 10, 2005, 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 suit, or have any questions or concerns regarding this notice,
or preservation of your rights, please contact: William B. Federman
FEDERMAN & SHERWOOD 120 N. Robinson, Suite 2720 Oklahoma City,
OK 73102 (405) 235-1560/FAX: (405) 239-2112 mail to:
http://www.federmanlaw.com/ DATASOURCE: Federman & Sherwood
CONTACT: William B. Federman of Federman & Sherwood,
+1-405-235-1560, or fax, +1-405-239-2112, or Web site:
http://www.federmanlaw.com/
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