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Daktronics Inc. (NASDAQ: DAKT) Investor Reminder: 01/06/08 Deadline In The...
Daktronics Inc. (NASDAQ: DAKT) Investor Reminder: 01/06/08 Deadline In The Class Action Lawsuit
Daktronics Inc. (NASDAQ: DAKT) Investor Reminder: 01/06/08 Deadline In The Class Action Lawsuit On Behalf Of Investors From Nov.2006-Apr.2007 Over Alleged Violations of Securities Laws By Daktronics
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 26, 2008 --
A deadline is coming up in the shareholder lawsuit against Daktronics Inc. (NASDAQ: DAKT) over alleged violations of Securities Laws. The deadline will expire on January 6, 2008.
If you acquired Daktronics Inc. (NASDAQ: DAKT) common stock during the period between November 15, 2006 and April 5, 2007, you have certain options and there are strict and short deadlines running. (January 6, 2009). You should contact the Shareholders Foundation, Inc. immediately!
Email: Mail@ShareholdersFoundation.com
or Call us TODAY!
Phone: +1-(858)-779-1554
On Friday, November 07, 2008, a shareholder of Daktronics Inc. (NASDAQ: DAKT) has filed a proposed class action lawsuit in the United States District Court for the District of South Dakota on behalf of purchasers of Daktronics Inc. (NASDAQ: DAKT) common stock during the period between November 15, 2006 and April 5, 2007 over alleged violations of Securities Laws by issuing false and misleading statements.According to the complaint the plaintiff alleges that Daktronics Inc. (“Daktronics”) and certain of its officers and directors violated the Securities Exchange Act of 1934. Specifically the complaint alleges that the representations contained in Daktronics’ press releases, SEC filings, conference calls and presentations between November 15, 2006 and April 5, 2007 were materially false and misleading.
Then on April 5, 2007, after the markets closed, the Daktronics issued a press release revising its fiscal fourth quarter 2007 estimates and giving its initial order growth guidance for fiscal year 2008 and as a result of this news, the price of Daktronics common stock fell $5.78 per share, or approximately 20%, to close at $22.13 per share, so the lawsuit.
If you purchased Daktronics Inc. (NASDAQ: DAKT) common stock during the period between November 15, 2006 and April 5, 2007, you have certain options and there are strict and short deadlines running. (January 6, 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. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. 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.
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