Investor Notice: The Rosen Law Firm Reminds Investors of Imminent Deadline in
Securities Class Action Lawsuit -- Motion Date is December 31, 2007 -- WSFG
NEW YORK, Dec. 14, 2007 (PRIME NEWSWIRE) -- The Rosen Law Firm
(http://www.rosenlegal.com) reminds current and former shareholders of WSB
Financial Group, Inc. ("WSB" or the "Company") (Nasdaq:WSFG) that they have 17
days or until December 31, 2007 to move for appointment as lead plaintiff.
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. YOU MAY ALSO REMAIN AN
ABSENT CLASS MEMBER.
If you purchased WSB stock from the date of the Company's Initial Public
Offering (the "IPO") on December 14, 2006 to October 24, 2007 and wish to join
the WSB class action, go to the website at http://www.rosenlegal.com or call
Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email
lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class
action.
You can join the class action online at http://www.rosenlegal.com .
The complaint charges that WSB, certain of its officers and directors and the
Company's underwriter with violations of Sections 11 and 15 of the Securities
Act of 1933 by issuing a false and misleading Registration Statement and
Prospectus (collectively the "Registration Statement") in connection with the
Company's IPO. In particular, the Complaint asserts that WSB's Registration
Statement was inaccurate because it failed to reveal that the Company had been
violating certain banking laws and regulations relating to the origination,
administration and monitoring of mortgage and construction loans. The Complaint
asserts that when the market learned of this adverse information, the price of
WSB's stock declined dramatically.
The Rosen Law Firm has expertise in prosecuting investor securities litigation
and extensive experience in actions involving financial fraud. The Rosen Law
Firm represents investors throughout the nation, concentrating its practice in
securities class actions.
More information on this and other class actions can be found on the Class
Action Newsline at www.primenewswire.com/ca
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CONTACT: The Rosen Law Firm P.A.
Laurence Rosen, Esq.
lrosen@rosenlegal.com
Phillip Kim, Esq.
pkim@rosenlegal.com
(212) 686-1060
Weekends Tel: (917) 797-4425
1-866--767-3653
Fax: (212) 202-3827
www.rosenlegal.com
