Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Tier Technologies, Inc.

Share Name	Share Symbol	Market	Type
Tier Reit, Inc.	NYSE:TIER	NYSE	Common Stock

Share Name

Share Symbol

Market

Type

Tier Reit, Inc.

NYSE:TIER

NYSE

Common Stock

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	28.88				0	01:00:00

Price Change

% Change

Share Price

High Price

Low Price

Open Price

Shares Traded

Last Trade

0.00

0.00%

28.88

01:00:00

Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Tier Technologies, Inc.

11/12/2006 10:10pm

PR Newswire (US)

Tier Reit Inc. (NYSE:TIER)
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OKLAHOMA CITY, Dec. 11 /PRNewswire/ -- On November 9, 2006, a class action lawsuit was filed in the United States District Court for the Eastern District of Virginia against Tier Technologies, Inc. (OTC Pink Sheets: TIER). 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 November 29, 2001 through October 25, 2006. 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 Tuesday, January 9, 2007, 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 or any other lawsuit, or have any questions or concerns regarding this notice, or preservation of your rights, please contact: William B. Federman FEDERMAN & SHERWOOD 10205 North Pennsylvania Avenue Oklahoma City, OK 73120 Email to: -- http://www.federmanlaw.com/ DATASOURCE: Federman & Sherwood CONTACT: William B. Federman of Federman & Sherwood, +1-405-235-1560, or Web site: http://www.federmanlaw.com/

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TIER Tier Reit, Inc.