Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Golden State Vintners, Inc.
24 August 2004 - 3:22AM
PR Newswire (US)
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against
Golden State Vintners, Inc. HARTFORD, Conn., Aug. 23 /PRNewswire/
-- The law firm of Schatz & Nobel, P.C., which has significant
experience representing investors in prosecuting claims of
securities fraud, announces that a lawsuit seeking class action
status has been filed in the United States District Court for the
Northern District of California on behalf of all persons who sold
the publicly traded securities of Golden State Vintners, Inc.
(NASDAQ:VINT) ("Golden State Vintners") between December 23, 2003
and April 23, 2004 (the "Class Period"). The complaint alleges that
Defendants made false statements in a December 23, 2003 merger
proxy statement in order to keep the price of Golden State Vintners
securities artificially low and thus facilitate the company's
takeover by the O'Neill Acquisition Co., LLC, an entity controlled
by Golden State Vintner's President and Chief Executive Officer,
Jeffrey B. O'Neill. If you are a member of the class, you may, no
later than October 19, 2004, request that the Court appoint you as
lead plaintiff of the class. A lead plaintiff is a class member
that acts on behalf of other class members in directing the
litigation. Although your ability to share in any recovery is not
affected by the decision whether or not to seek appointment as a
lead plaintiff, lead plaintiffs make important decisions which
could affect the overall recovery for class members, including
decisions concerning settlement. The securities laws require the
Court to consider the class member(s) with the largest financial
interest as presumptively the most adequate lead plaintiff(s). For
more information about the case, its claims, and your rights,
please contact Schatz & Nobel toll-free at (800) 797-5499, or
by e-mail at . To view a copy of the lawsuit initiating the class
action, or for more information about class action cases and Schatz
& Nobel, please visit our website: http://www.snlaw.net/.
CONTACT: Wayne T. Boulton Tel.: (800) 797-5499 Website:
http://www.snlaw.net/ e-mail: DATASOURCE: Schatz & Nobel, P.C.
CONTACT: Wayne T. Boulton of Schatz & Nobel, P.C.,
+1-800-797-5499, Web site: http://www.snlaw.net/
Copyright
Golden State Vintners (NASDAQ:VINT)
Historical Stock Chart
From May 2024 to Jun 2024
Golden State Vintners (NASDAQ:VINT)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Golden State Vintners (MM) (NASDAQ): 0 recent articles
More Golden State Vintners (MM) News Articles