Shalov Stone Bonner & Rocco LLP Names Goldman Sachs & Co. as a Defendant in Securities Class Action Against Britannia Bulk Holdi

Name	Symbol	Market	Type
VelocityShs 3x Invrs Crude ETN lkd to S&P GSCI Crude Oil	AMEX:DWT	AMEX	Bond

Name

Symbol

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Type

VelocityShs 3x Invrs Crude ETN lkd to S&P GSCI Crude Oil

AMEX:DWT

AMEX

Bond

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	14.75				0	01:00:00

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14.75

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Shalov Stone Bonner & Rocco LLP Names Goldman Sachs & Co. as a Defendant in Securities Class Action Against Britannia Bulk Holdi

11/11/2008 4:14pm

PR Newswire (US)

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NEW YORK, Nov. 11 /PRNewswire/ -- Shalov Stone Bonner & Rocco LLP has filed a securities class action lawsuit against Britannia Bulk Holdings Inc. (NYSE: DWT; Pink Sheets: BBLKF) on behalf of purchasers of the company's common stock issued in its initial public offering. The complaint names as defendants the company and certain of its directors, executive officers, and underwriters, including Goldman Sachs & Co. The lawsuit alleges, among other things, that the company made material misstatements or omissions in its prospectus and registration statement for its initial public offering filed with the Securities and Exchange Commission. The alleged misstatements and omissions relate to the company's use of "chartered-in capacity," forward freight agreements, and naked bunker fuel hedges. The lawsuit is pending in the United States District Court for the Southern District of New York. If you purchased shares of Britannia and would like to join the lawsuit at this time, you are encouraged to contact Shalov Stone Bonner & Rocco LLP, which has extensive experience in the prosecution of class actions on behalf of investors. For more information about the firm and the Britannia litigation, investors are encouraged to visit: http://www.lawssb.com/news_story.php?news=20081107 Investors are warned that, while other law firms may issue press releases about the Britannia class action, not all of these firms have necessarily filed cases of their own or performed an independent investigation. Some law firms issue such press releases solely in an effort to solicit clients. For additional information about the Britannia lawsuit, please contact Ralph M. Stone or Thomas G. Ciarlone, Jr., at Shalov Stone Bonner & Rocco LLP, 485 Seventh Avenue, Suite 1000, New York, New York 10018 (telephone: (212) 239-4340; e-mail: , ). Attorney advertising. Prior results do no guarantee a similar outcome. DATASOURCE: Shalov Stone Bonner & Rocco LLP CONTACT: Ralph M. Stone, , or Thomas G. Ciarlone, Jr., , both of shalov Stone Bonner & Rocco LLP, +1-212-239-4340, Fax, +1-212-239-4310 Web Site: http://www.lawssb.com/ http://www.lawssb.com/news_story.php?news=20081107

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