Watchguard (NASDAQ:WGRD)
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From Feb 2020 to Feb 2025
Notice is hereby given that on Tuesday, April 24, 2007, an amended class
action complaint was filed in the United States District Court for the
Western District of Washington, on behalf of: a) shareholders of
WatchGuard Technologies, Inc. (NASDAQ:WGRD) that cashed out or tendered
their WatchGuard shares pursuant to the October 4, 2006 “going
private” transaction, and b) shareholders that
purchased WatchGuard common stock from March 14, 2006 through March 22,
2006. The amended complaint alleges that certain private equity fund
defendants acquired WatchGuard by assembling ownership positions on
insider information in violation of the federal securities laws. The
case is Pennsylvania Avenue Funds v.
Borey, et al. 2:06-cv-01737-JLR.
If you wish to discuss this action or have any questions concerning this
notice, your rights or interests with respect to these matters, please
contact Finkelstein & Krinsk, LLP, William Restis, Esq. (toll free) at
877-493-5366, or via email at wrr@classactionlaw.com.
Plaintiff seeks to recover damages on behalf of the punitive members of
the class[es].
Plaintiff is represented by the San Diego, CA law firm of Finkelstein &
Krinsk LLP, which is highly experienced, and has successfully prosecuted
securities and consumer class actions in state and federal courts
throughout the United States. Finkelstein & Krinsk, LLP has achieved
numerous corporate reforms and has recovered hundreds of millions of
dollars for institutional and individual investors.
If you are a member of the class[es]
described above, you may, no later than June 25, 2007, move the Court to
serve as lead plaintiff of the class[es],
if you so choose. A lead plaintiff is a representative that acts on
behalf of other class members in directing the litigation and is
consulted regarding decisions on behalf of the class. In order to be
appointed lead plaintiff, the Court must determine that the class member’s
claims are typical of other class members’
claims, and that the class member will adequately represent the best
interests of the class. Under certain circumstances, one or more class
members may serve together as “lead plaintiff.”
However, your ability to share in any recovery is not affected by the
decision to serve as a lead plaintiff, as all shareholders recover
equally. You may retain Finkelstein & Krinsk, LLP, at no cost to you, to
serve as your counsel in this action. Finkelstein & Krinsk, LLP is
compensated solely from the recovery achieved, if any, in an amount that
must be approved by the Court.