CFHI Coast Finl Hldgs (MM)

BENSALEM, Penn., May 8 /PRNewswire/ -- Law Offices of Howard G. Smith announces a May 21, 2007, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of shareholders who purchased the common stock of Coast Financial Holdings Inc. ("Coast Financial" or the "Company") (NASDAQ:CFHI) between January 21, 2005 and January 19, 2007 (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the Middle District of Florida. The Complaint alleges that defendants violated federal securities laws by issuing material misrepresentations to the market concerning the Company's business and prospects, thereby artificially inflating the price of Coast Financial securities. No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Coast Financial common stock between January 21, 2005 and January 19, 2007, you have certain rights, and have 13 days remaining, until May 21, 2007, in which to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, by email to or visit our website at http://www.howardsmithlaw.com/. DATASOURCE: Law Offices of Howard G. Smith CONTACT: Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, +1-215-638-4847, or Toll-Free, +1-888-638-4847, Web site: http://www.howardsmithlaw.com/

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