BENSALEM, Pa., April 21 /PRNewswire/ -- Law Offices of Howard G. Smith announces a May 12, 2008, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons who purchased the publicly traded securities of Vertex Pharmaceuticals Inc. ("Vertex" or the "Company") (NASDAQ:VRTX) between June 12, 2007 and November 2, 2007, inclusive (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the District of Massachusetts.
The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning the Company's operations and prospects, thereby artificially inflating the price of Vertex securities.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased the publicly traded securities of Vertex between June 12, 2007 and November 2, 2007, you have certain rights, and have until May 12, 2008, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice 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/
|