Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against GLG Life Tech Corporation (NASDAQ...
17 December 2011 - 3:23AM
Marketwired
On December 14, 2011, a class action lawsuit was filed in the
United States District Court for the Southern District of New York
against GLG Life Tech Corporation (NASDAQ: GLGL). 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
February 1, 2011 through November 13, 2011.
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 Monday, February 13, 2012, 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 (405) 235-1560 Email
to: wbf@federmanlaw.com www.federmanlaw.com
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