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DCN Dana Cp

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0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dana Cp NYSE:DCN NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Stull, Stull & Brody Announces Class Action against Dana Corporation

10/10/2005 10:50pm

Business Wire


Dana (NYSE:DCN)
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From Jul 2019 to Jul 2024

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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.

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