BENSALEM, Pa., Nov. 8 /PRNewswire/ -- Law Offices of Howard G. Smith announces a December 3, 2007, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of investors who purchased the common stock of BigBand Networks, Inc. ("BigBand" or the "Company") (NASDAQ:BBND) in connection with the Company's initial public offering on or about March 15, 2007, or who purchased shares thereafter in the open market. The shareholder lawsuit is pending in the United States District Court for the Northern District of California.
The Complaint alleges that 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 BigBand 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 BigBand shares pursuant and/or traceable to the Company's March 15, 2007 initial public offering, or thereafter in the open market, you have certain rights, and have until December 3, 2007, 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, or Toll-Free, 1-888-638-4847, Web site: http://www.howardsmithlaw.com/
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