Law Offices of Howard G. Smith Announces 24 Days Remaining to Move to Be a
Lead Plaintiff in the Shareholder Lawsuit Against Isilon Systems, Inc.
BENSALEM, Pa., Dec. 7 /PRNewswire/ -- Law Offices of Howard G. Smith
announces a December 31, 2007, deadline to move to be a lead plaintiff in the
securities class action lawsuit filed on behalf of purchasers of the common
stock of Isilon Systems, Inc. ("Isilon" or the "Company")(Nasdaq: ISLN)
between December 14, 2006 and October 3, 2007 (the "Class Period"), and on
behalf of all persons or entities who acquired the common stock of Isilon
pursuant and/or traceable to the Company's December 14, 2006, initial public
offering (the "IPO"). The shareholder lawsuit is pending in the United States
District Court for the Western District of Washington.
The Complaint alleges that defendants violated federal securities laws by
issuing material misrepresentations to the market concerning the Company's
business, operations and prospects, thereby artificially inflating the price
of Isilon 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 Isilon common stock between December 14, 2006 and October 3, 2007,
and/or pursuant to the Company's December 14, 2006, IPO, you have certain
rights, and have until December 31, 2007, 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
howardsmithlaw@hotmail.com or visit our website at
http://www.howardsmithlaw.com.
SOURCE Law Offices of Howard G. Smith
Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, +1-215-638-4847,
1-888-638-4847, howardsmithlaw@hotmail.com
