Federman & Sherwood Announces That a Securities Class Action
Lawsuit Was Filed Against Abatix Corporation
OKLAHOMA CITY, May 6 /PRNewswire/ -- On April 22, 2004, the class action
lawsuit was filed in the Northern District of Texas against Abatix Corporation
. The complaint alleges violations of federal securities laws, including
allegations of dramatically overstating revenues and concealing Abatix
Corporation's true prospects. The lawsuit further alleges that defendants
violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and
Rule 10b-5, thereby issuing a series of material misrepresentations to the
market. The class period is from April 14, 2004 through April 21, 2004.
Plaintiff seeks to recover damages on behalf of the Class. If you are a member
of the Class as described above, you may move the Court no later than sixty
(60) days from April 22, 2004, to serve as a lead plaintiff for the Class.
However, in order to do so, you must meet certain legal requirements pursuant
to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this suit, or have any
questions or concerns regarding this notice, or preservation of your rights,
please contact: William B. Federman
FEDERMAN & SHERWOOD
120 N. Robinson, Suite 2720
Oklahoma City, OK 73102
(405) 235-1560/FAX: (405) 239-2112
mailto: DATASOURCE: Federman & Sherwood CONTACT: William B. Federman of Federman & Sherwood, +1-405-235-1560, or fax, +1-405-239-2112, or
|