Carrier Access (NASDAQ:CACSE)
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Federman & Sherwood Announces That a Securities Class Action
Lawsuit Was Filed Against Carrier Access Corporation
OKLAHOMA CITY, June 6 /PRNewswire/ -- On June 3, 2005, the class action
lawsuit was filed in the United States District Court of Colorado against
Carrier Access Corporation (NASDAQ:CACSE). The complaint alleges violations of
federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange
Act of 1934 and Rule 10b-5, including allegations of issuing a series of
material misrepresentations to the market which had the effect of artificially
inflating the market price. The class period is from October 21, 2003 through
May 20, 2005.
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 August 1,
2005, 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
mail to:
http://www.federmanlaw.com/
DATASOURCE: Federman & Sherwood
CONTACT: William B. Federman of Federman & Sherwood,
+1-405-235-1560, or fax, +1-405-239-2112, or
Web site: http://www.federmanlaw.com/