Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Pemstar, Inc.

Federman & Sherwood Announces That a Securities Class Action
Lawsuit Was Filed Against Pemstar, Inc. 


OKLAHOMA CITY, June 22  /PRNewswire/ -- On June 16, 2005, the class action
lawsuit was filed in the United States District Court of District Court of
Minnesota against Pemstar, Inc. (NASDAQ:PMTR).  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
January 29, 2003 through January 24, 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
14, 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
   [phone]/FAX: [phone]
   mail to: 
   http://www.federmanlaw.com/

DATASOURCE: Federman & Sherwood



CONTACT:  William B. Federman of Federman & Sherwood, [phone], or

fax, [phone], or  



Web site:  http://www.federmanlaw.com/ 

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