Law Offices of Howard G. Smith Announces 25 Days Remaining to Move to Be a Lead Plaintiff...

Fri May 16, 2008 8:30pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]
Law Offices of Howard G. Smith Announces 25 Days Remaining to Move to Be a
Lead Plaintiff in the Shareholder Lawsuit Against Global Cash Access Holdings,
Inc.

BENSALEM, Pa., May 16 /PRNewswire/ -- Law Offices of Howard G. Smith
announces a June 10, 2008, deadline to move to be a lead plaintiff in the
securities class action lawsuit filed on behalf of all persons who purchased
or acquired the common stock of Global Cash Access Holdings, Inc.  ("GCA" or
the "Company")(NYSE: GCA) pursuant or traceable to the Company's initial
public offering commencing September 22, 2005, and who held such shares of GCA
common stock until November 14, 2007.  The shareholder lawsuit is pending in
the United States District Court for the Southern District of New York.
    The Complaint alleges that the defendants violated federal securities laws
by issuing material misrepresentations to the market concerning, among other
things, the sufficiency of the Company's internal controls and their effect on
the reporting of the Company's financial results, thereby artificially
inflating the price of GCA stock.
    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 GCA common stock pursuant or traceable to the Company's
September 22, 2005 initial public offering, you have certain rights, and have
until June 10, 2008, 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
www.howardsmithlaw.com.
SOURCE  Law Offices of Howard G. Smith

Law Offices of Howard G. Smith, +1-215-638-4847, or 1-888-638-4847,
howardsmithlaw@hotmail.com

 

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended
Reuters is looking for participants in a new mobile journalism project to capture the Republican and Democratic conventions from the ground up.