Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Britannia Bulk Holdings, Inc.
November 10 2008 - 7:30PM
PR Newswire (US)
BENSALEM, Pa., Nov. 10 /PRNewswire/ -- Law Offices of Howard G.
Smith announces that a class action lawsuit has been filed on
behalf of all persons or entities who acquired the common stock of
Britannia Bulk Holdings, Inc. ("Britannia Bulk" or the
"Company")(Pink Sheets: BBLKF) pursuant or traceable to the
Company's Registration Statement and Prospectus (collectively the
"Registration Statement") issued in connection with its June 17,
2008 initial public offering of 8.3 million shares at $15.00 per
share. The class action lawsuit was filed in the United States
District Court for the Southern District of New York. The Complaint
charges the Company, certain of its executive officers and its
underwriters with violations of federal securities laws.
Specifically, the Complaint alleges that the Registration Statement
failed to disclose the problems in the Company's activities in the
forward freight agreements markets. If you are a member of the
class described above, you may move the Court, no later than
January 5, 2009, to serve as lead plaintiff, however, you must meet
certain legal requirements. If you have any questions concerning
this announcement 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, Toll Free, 1-888-638-4847, Web
site: http://www.howardsmithlaw.com/
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