DHB Dhb Industries, Inc.

The law firm of Spector, Roseman & Kodroff, P.C. announces that a securities class action lawsuit was commenced in the United States District Court for the Eastern District of New York, on behalf of purchasers of the common stock of DHB Industries, Inc. ("DHB" or the "Company") (AMEX:DHB) between April 29, 2004 through August 29, 2005, inclusive (the "Class Period"). The Complaint alleges that the defendants violated the federal securities laws by issuing materially false and misleading statements contained in press releases and filings with the Securities and Exchange Commission during the Class Period. Specifically, the Complaint alleges defendants issued positive statements regarding DHB's fast-growing business. However, they failed to publicly disclose that a material portion of the Company's bulletproof vests contained a material amount of Zylon fibers whose effectiveness at stopping bullets degraded over time and that serious concerns about their use in body armor was growing in the law enforcement community. As a result of failing to disclose this material information, the Defendant failed to warn investors of the substantial risk that its Zylon products posed to the Company's business. Additionally, during the time in which the price of the Company's securities was artificially inflated, and before its collapse, DHB insiders, including defendants Brooks, Schlegel and Hatfield, sold a total of 11,288,789 million shares of DHB common stock, reaping gross proceeds of over $220 million. Of that amount, defendant Brooks sold over 10.4 million shares for proceeds exceeding $204 million. The average price at which insiders sold their DHB stock was $19.51. On August 30, 2005, DHB issued a press release announcing that it stopped using Zylon in its body armor after the National Institute of Justice revoked its certification of Zylon-containing body armor. Additionally, the Company disclosed that it would replace all Zylon vests in the field. This replacement program would result in an estimated $60 million charge in the third quarter of 2005. On this news, the price of DHB common stock fell by 23 percent in one day, from $6.66 per share on August 29, 2005 to $5.10 per share on August 30, 2005, on unusually heavy trading volume. DHB's tock price continued to decline, falling to $4.58 by the close of August 31, 2005. The insiders who sold their shares during the Class Period, at the average price of $19.51 per share, avoided tremendous losses. If you purchased DHB securities during the Class Period, you may, no later than November 8, 2005, move to be appointed as a Lead Plaintiff in this class action. A Lead Plaintiff is a representative, chosen by the Court, that acts on behalf of other class members in directing the litigation. The Private Securities Litigation Reform Act of 1995 directs Courts to assume that the class member(s) with the "largest financial interest" in the outcome of the case will best serve the class in this capacity. Courts have discretion in determining which class member(s) have the "largest financial interest," and have appointed Lead Plaintiffs with substantial losses in both absolute terms and as a percentage of their net worth. If you have sustained substantial losses in DHB securities during the Class Period, please contact Spector, Roseman & Kodroff, P.C. at classaction@srk-law.com for a more thorough explanation of the Lead Plaintiff selection process. If you have relatively small losses, your ability to participate in any recovery will be protected by the Lead Plaintiff(s), and you need take no affirmative steps at this time. If you wish to join this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel Robert M. Roseman or Andrew Abramowitz toll-free at 888-844-5862 or via e-mail at classaction@srk-law.com. For more detailed information about the firm please visit its website at http://www.srk-law.com. Spector, Roseman & Kodroff, P.C., located in Philadelphia, Pennsylvania, concentrates its practice in complex litigation including actions dealing with securities laws, antitrust, contract and commercial claims. The firm is active in major litigation pending in federal and state courts throughout the United States. The firm's reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm as lead counsel in numerous major class actions involving violations of the federal securities laws and the federal antitrust laws, and consumer fraud. As a result of the efforts of the firm, and its members, hundreds of millions of dollars have been recovered through judgments and settlements on behalf of thousands of defrauded shareholders and companies.