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Case ID: 5002 | Stocks | 05/30/2007
Kahn Gauthier Swick, LLC ("KGS") announces that shareholders of Inphonic, Inc. ("Inphonic" or the “Company”) (NasdaqGM:INPC - News) who purchased shares of the Company between August 2, 2006 and May 3, 2007 (the "Class Period"), have until July 6, 2007 to move for appointment as Lead Plaintiff in a securities class action lawsuit currently pending in the United States District Court for the District of Columbia. No class has yet been certified in this action.
UNTIL A CLASS IS CERTIFIED, YOU ARE NOT PERSONALLY REPRESENTED BY COUNSEL UNLESS YOU RETAIN AN ATTORNEY. If you purchased shares of Inphonic between the announced Class Period dates of August 2, 2006 and May 3, 2007, you are urged to contact Lewis Kahn, Managing Partner, KGS, toll free 1-866-467-1400, ext. 100, via cell phone at 504-301-7900, or via the email link above to learn about your legal rights and how this action may benefit you. At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Stocks Cases of Interest A class action has been filed against (NasdaqNM:BIIB), certain of its officers and directors by stockholders who purchased the company's common stock between February 18, 2004 and February 25, 2005. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. The stockholders seek to recover compensatory damages for the loss of value of their stock. A class action has been filed against Exide Technologies (NasdaqNM:XIDE), certain of its officers and directors by stockholders who purchased the company's common stock between November 16, 2004 and May 17, 2005. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. The stockholders seek to recover compensatory damages for the loss of value of their stock. A class action has been filed against InfoSonics Corporation (IFO), certain of its officers and directors by stockholders who purchased the company's common stock between May 8, 2006 and June 12, 2006. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. The stockholders seek to recover compensatory damages for the loss of value of their stock. A class action lawsuit has been filed in the Eastern District Court of Kentucky against Maryland based W.R. Grace & Company and certain of its executives and board of directors. The company is a global supplier of catalyst and silica products, construction chemicals, building materials, sealants and coatings. The suit alleges violations of the Employee Retirement Income Security Act (ERISA). Class members seek damages, injunctive relief, interest, attorney's fees and costs. A seller of online marketing tools sued Google Inc., on June 29, 2005, charging that the Web search giant has failed to protect users of its advertising program from "click fraud," costing them at least $5 million. A class action has been filed against CSK Auto Corporation (CAO), certain of its officers and directors by stockholders who purchased the company's common stock between September 2, 2004 and March 24, 2006. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. The stockholders seek to recover compensatory damages for the loss of value of their stock. |
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