Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Investors Financial Services Corp.
August 09 2005 - 5:12PM
PR Newswire (US)
OKLAHOMA CITY, Aug. 9 /PRNewswire/ -- On August 4, 2005, the class
action lawsuit was filed in the United States District Court for
the District of Massachusetts against Investors Financial Services
Corp. (NASDAQ:IFIN). 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 October 15, 2003 through July 15, 2005.
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 3, 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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