Shalov Stone & Bonner LLP and Sarraf Gentile LLP Announce That a Securities Class Action Has Been Filed against Northfield Labo
March 20 2006 - 1:28PM
Business Wire
Shalov Stone & Bonner LLP and Sarraf Gentile LLP announce that
a class action lawsuit was filed on March 17, 2006, on behalf of
investors in Northfield Laboratories, Inc. (NASDAQ: NFLD),
securities between February 20, 2004, and February 21, 2006. The
lawsuit is pending in the United States District Court for the
Northern District of Illinois against Northfield Laboratories and
Steven A. Gould, the company's chief executive officer. The
complaint alleges that, throughout the relevant period, the
defendants failed to disclose and misrepresented material adverse
facts which were known to the defendants or recklessly disregarded
by them and which caused the defendants to issue materially false
and misleading financial statements and projections which, among
other things, caused the price of Northfield Laboratories stock to
trade at artificially inflated prices. Shalov Stone & Bonner
LLP and Sarraf Gentile LLP have extensive experience in the
prosecution of class actions on behalf of investors. For more
information about the firms, please visit their websites at:
www.lawssb.com and www.sarrafgentile.com If you would like
additional information about the lawsuit or would like to
participate in it, please contact Thomas G. Ciarlone, Jr., at
Shalov Stone & Bonner LLP, 485 Seventh Avenue, Suite 1000, New
York, New York 10018 (telephone: (212) 239-4340; e-mail:
tciarlone@lawssb.com).
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