You are here: Home
Business
Investment
Waters Corp. (NSYE:WAT) Investor Update: Deadline - 01/09/09 In The...
Waters Corp. (NSYE:WAT) Investor Update: Deadline - 01/09/09 In The Shareholder Class Action Lawsuit
Waters Corp. (NSYE:WAT) Investor Update: Deadline - 01/09/09 In The Shareholder Class Action Lawsuit Against Waters Corp. Over Alleged Violations Of Securities Laws
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 11, 2008 --
A deadline is coming up in the shareholder lawsuit against Waters Corp. (NSYE:WAT) over alleged violations of Securities Laws. The deadline will expire on January 9, 2009.
If you currently own and/or purchased or acquired Waters Corporation (NYSE:WAT) common stock during the period between January 24, 2007 and January 22, 2008, you have certain options and there are strict and short deadlines running. (January 9, 2009). You should contact the Shareholders Foundation, Inc. immediately!
Email: Mail@ShareholdersFoundation.com
or Call us TODAY!
Phone: +1-(858)-779-1554
On Wednesday, November 12, 2008, a shareholder has filed a proposed class action lawsuit in the United States District Court for the District of Massachusetts on behalf of purchasers of Waters Corporation (NYSE:WAT) common stock during the period between January 24, 2007 and January 22, 2008 over allegedly violating Securities Laws. According to the complaint the plaintiff alleges that Waters Corp. (NYSE:WAT) and certain of its officers and directors violated the Securities Exchange Act of 1934. The complaint alleges that the representations contained in Water Corp.’s press releases, SEC filings, conference calls, and presentations during the Class Period were materially false and misleading. Specifically so the lawsuit on January 22, 2008, Waters Corp. announced its financial results for the fourth quarter and year-end 2007, the period ended December 31, 2007 and following this press release, the defendants held a conference call with analysts and investors and revealed that “an unexpected increase in [its] annual tax rate, among other factors, adversely affected [its] bottom-line performance.” In addition Water Corp. stated that its Japanese sales were “weaker than anticipated due to [..] a change in the testing protocols for drinking water analysis in Japan” which the Company knew about since “last year”, and as a result of this news, shares of the Waters Corp. ‘s stock fell $14.65 per share, or approximately 20%, to close at $58.58 per share, on heavy trading volume, so the lawsuit.
If you currently own and/or purchased or acquired Waters Corporation (NYSE:WAT) common stock during the period between January 24, 2007 and January 22, 2008, you have certain options and there are strict and short deadlines running. (January 9, 2009). You should contact the Shareholders Foundation, Inc. immediately!
Email: Mail@ShareholdersFoundation.com
or Call us TODAY!
Phone: +1-(858)-779-1554
or send us your information by mail /facsimile:
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
Mail@ShareholdersFoundation.com
www.ShareholdersFoundation.com
_____________________________________________
Advertising.The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
class action lawsuit NYSE shareholders foundation stocks wat Waters Corp Waters Corporation

Where: Raleigh,United States
Industry: Business Services

Where: Amsterdam,Netherlands
Industry: Business Services

Where: Nashville,United States
Industry: Business Services
Post your news to the World.See you news here immediately. It's easy and free!
Create free account or Login.



