Dana (NYSE:DCN)
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Notice is hereby given that a class action lawsuit has
been commenced in the United States District Court for the Northern
District of Ohio on behalf of all persons who purchased the publicly
traded securities of Dana Corporation. ("Dana " or the "Company")
(NYSE:DCN) between March 23, 2005 and September 14, 2005 (the "Class
Period").
Stull, Stull & Brody has substantial experience representing
employees who suffered losses from purchases of their employer's stock
in their 401(k) plans. If you bought Dana's stock through your Dana
retirement account and have information or would like to learn more
about these claims, please contact us.
The complaint alleges that Dana violated federal securities laws
by making false or misleading public statements. On September 15,
2005, Dana announced that it would restate its second quarter 2005
financial results and lowered its 2005 earnings guidance from $1.30 -
$1.45 per share, to $0.60 - $0.70 per share. On this news, Dana stock
fell from a close of $12.78 per share on September 14, 2005 to close
at $9.86 per share on September 15, 2005.
If you are a member of the class, you may, no later than December
5, 2005, request that the Court appoint you as lead plaintiff by
December 5, 2005. A lead plaintiff is a representative party that acts
on behalf of other class members in directing the litigation. In order
to be appointed lead plaintiff, the Court must determine that the
class member's claim is typical of the claims of other class members,
and that the class member will adequately represent the class. Under
certain circumstances, one or more class members may together serve as
"lead plaintiff." Your ability to share in any recovery is not,
however, affected by the decision whether or not to serve as a lead
plaintiff. You may retain Stull, Stull & Brody, or other counsel of
your choice, to serve as your counsel in this action. Stull, Stull &
Brody has litigated many class actions for violations of securities
laws in federal courts over the past 30 years and has obtained court
approval of substantial settlements on numerous occasions. Stull,
Stull & Brody maintains offices in both New York and Los Angeles.
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 Tzivia Brody, Esq. at Stull, Stull &
Brody by e-mail at SSBNY@aol.com, by calling toll-free 1-800-337-4983,
or by fax at 212/490-2022, or by writing to Stull, Stull & Brody, 6
East 45th Street, New York, NY 10017. You can also visit our website
at www.ssbny.com.