Law Offices of Howard G. Smith Announces 13 Days Remaining to Move to Be a Lead Plaintiff in the Shareholder Lawsuit Against Coa
May 08 2007 - 11:38AM
PR Newswire (US)
BENSALEM, Penn., May 8 /PRNewswire/ -- Law Offices of Howard G.
Smith announces a May 21, 2007, deadline to move to be a lead
plaintiff in the securities class action lawsuit filed on behalf of
shareholders who purchased the common stock of Coast Financial
Holdings Inc. ("Coast Financial" or the "Company") (NASDAQ:CFHI)
between January 21, 2005 and January 19, 2007 (the "Class Period").
The shareholder lawsuit is pending in the United States District
Court for the Middle District of Florida. The Complaint alleges
that defendants violated federal securities laws by issuing
material misrepresentations to the market concerning the Company's
business and prospects, thereby artificially inflating the price of
Coast Financial securities. No class has yet been certified in the
above action. Until a class is certified, you are not represented
by counsel unless you retain one. If you purchased Coast Financial
common stock between January 21, 2005 and January 19, 2007, you
have certain rights, and have 13 days remaining, until May 21,
2007, in which to move for Lead Plaintiff status. To be a member of
the class you need not take any action at this time, and you may
retain counsel of your choice. If you wish to discuss this action
or have any questions concerning this Notice or your rights or
interests with respect to these matters, please contact Howard G.
Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol
Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at
(215)638-4847, Toll-Free at (888)638-4847, by email to or visit our
website at http://www.howardsmithlaw.com/. DATASOURCE: Law Offices
of Howard G. Smith CONTACT: Howard G. Smith, Esquire, of Law
Offices of Howard G. Smith, +1-215-638-4847, or Toll-Free,
+1-888-638-4847, Web site: http://www.howardsmithlaw.com/
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