Law Offices of Howard G. Smith Announces 22 Days Remaining to Move for Appointment as Lead Plaintiff in the Shareholder Lawsuit Against Anixter International Inc.
More News related to AXE
- Acceleware Reports Third Quarter, Fiscal 2009 Results
- Press and Customers Embrace Anixter ipAssured Program
- Acceleware and Kelman Technologies Deliver Accelerated Seismic Processing Using GPUs
- Acceleware Delivers Tilted Transverse Isotropy Plus Enhanced Processing Capabilities for Reverse Time Migration
- Anixter Int. (AXE) Beats by 5c, Posts Q3 EPS of $0.61
BENSALEM, Pa.--(BUSINESS WIRE)-- Law Offices of Howard G. Smith announces a November 10, 2009, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons or entities who purchased the common stock of Anixter International Inc. ("Anixter" or the "Company")(NYSE: AXE) between January 29, 2008 and October 20, 2008, inclusive (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the Northern District of Illinois.
The Complaint charges Anixter and certain of the Company's executive officers with violations of federal securities laws. Anixter, together with its subsidiaries, distributes communications products, specialty wire and cable products, fasteners and small parts. The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning Anixter's business and prospects, thereby artificially inflating the price of the Company's 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 Anixter International Inc. common stock between January 29, 2008 and October 20, 2008, you have certain rights, and have until November 10, 2009, 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 howardsmith@howardsmithlaw.com or visit our website at http://www.howardsmithlaw.com.
Source: Law Offices of Howard G. Smith
Related Categories
Press ReleasesStocks Mentioned
-0.75Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
