Collins & Aikman (NYSE:CKC)
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Federman & Sherwood Announces That a Securities Class Action
Lawsuit Was Filed Against Collins & Aikman Corp.
OKLAHOMA CITY, April 14 /PRNewswire/ -- On April 5, 2005, the class action
lawsuit was filed in the United States District Court for the Eastern District
of Michigan against Collins & Aikman Corp. (NYSE:CKC). 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
May 6, 2004 through March 17, 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 June 4,
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/