The Class Action Newsline contains the latest news from law firms and companies regarding class-action litigation and investigations, as well as responses from parties involved in the actions.

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Nov 20, 2009	20:09	The Pomerantz Firm Charges Northwest Pipe Company With Securities Fraud -- NWPX
		Pomerantz Haudek Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") has filed a class action lawsuit in the United States District Court, Western District of Washington, against Northwest Pipe Company ("Northwest Pipe" or the "Company") (Nasdaq:NWPX) and certain of its top officials. The class action (C09-5724 RBL) was filed on behalf of purchasers of the securities of the Company between April 23, 2008 and November 11, 2009, both dates inclusive, (the "Class Period"). The Complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act and Rule 10b-5 promulgated thereunder.   continued...
Nov 20, 2009	14:23	Notice to All Investors of CIT InterNotes From the Securities Law Firm of Klayman & Toskes
		The Securities Law Firm of Klayman & Toskes, P.A. ("K&T")(http://www.nasd-law.com) announced today that it is investigating the sales practices and due diligence of Financial Industry Regulatory Authority ("FINRA") brokerage firms who solicited customers to purchase CIT InterNotes. CIT Group issued these debt instruments which were marketed by several brokerage firms to retail investors as safe, conservative investments. Investors have reported that their advisors represented that there was "no market risk" to these products. Moreover, to make these products more appealing to retired and elderly investors, they were told that if they passed away, the notes would revert back to par. This feature, also known as a "death put" or a "survivor's option," allows the bondholders' survivors to sell the bonds back to the issuer at face value. However, due to the collapse and bankruptcy of CIT Group, the "death put" feature may have no value, and the liquidity of the CIT InterNotes is questionable.   continued...
Nov 20, 2009	09:30	Heritage Bank Ranks #3 in SBA 7(a) Lending
		Heritage Commerce Corp (Nasdaq:HTBK), parent company of Heritage Bank of Commerce, today announced that the U.S. Small Business Administration (SBA) ranked Heritage Bank of Commerce the third largest producer of SBA 7(a) loans, in terms of dollars loaned, in the San Francisco District Office. From October 1, 2008 through September 30, 2009, the bank funded over $19 million of SBA loans in the communities in which it serves. Heritage Bank of Commerce ranked 54th among SBA lenders nationally, funding over $27 million in new loans.   continued...
Nov 19, 2009	14:58	Notice to CIT InterNotes Purchasers -- Aidikoff, Uhl & Bakhtiari Launches Website and Investigation of Customer Losses
		Aidikoff, Uhl & Bakhtiari announces the launch of www.citinternotes.com and investigation of the sales practices of Wall Street firms in recommending CIT InterNotes to their clients.   continued...
Nov 19, 2009	10:02	Law Offices Bernard M. Gross, P.C. Filed a Class Action Lawsuit Against Sunpower Corporation -- SPWRA, SPWRB
		Law Offices Bernard M. Gross, P.C. commenced a class action lawsuit in the United States District Court, Northern District of California, 09cv5473, on behalf of purchasers of the securities of SUNPOWER CORPORATION ("SUNPOWER" or the "Company") (Nasdaq:SPWRA) (Nasdaq:SPWRB) between April 17, 2008 and November 16, 2009, inclusive (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934. The action is pending before the Honorable Charles R. Breyer. If you wish to serve as lead plaintiff, you must move the Court no later than January 19, 2010. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of its choice, or may choose to do nothing and remain an absent class member. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, Deborah R. Gross or Susan R. Gross at 866-561-3600 or 215-561-3600 or via email at debbie@bernardmgross.com or susang@bernardmgross.com. A copy of the complaint can be viewed on the Law Offices Bernard M. Gross, P.C. website at www.bernardmgross.com.   continued...
Nov 18, 2009	11:59	The Shuman Law Firm Announces Investigation of SunPower Corp.
		Advertising Material   continued...
Nov 17, 2009	16:48	Law Offices Bernard M. Gross, P.C. Filed a Class Action Lawsuit Against CVS Caremark Corporation -- CVS
		Law Offices Bernard M. Gross, P.C. commenced a class action lawsuit in the United States District Court, District of Rhode Island, 09cv 554, on behalf of purchasers of the common stock of CVS Caremark Corporation ("CVS" or the "Company") (NYSE:CVS) between May 5, 2009 and November 4, 2009, inclusive (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934. The action is pending before the Honorable William E. Smith. If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from November 17, 2009. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of its choice, or may choose to do nothing and remain an absent class member. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, Deborah R. Gross or Susan R. Gross at 866-561-3600 or 215-561-3600 or via email at debbie@bernardmgross.com or susang@bernardmgross.com. A copy of the complaint can be viewed on the Law Offices Bernard M. Gross, P.C. website at www.bernardmgross.com.   continued...
Nov 17, 2009	14:41	Roy Jacobs & Associates Investigating SunPower Corp. for Possible Securities Law Violations
		Roy Jacobs & Associates announces that it is investigating possible claims for the violation of the federal securities laws on behalf of purchasers of the common stock of SunPower Corp. ("SunPower" or the "Company") (Nasdaq:SPWRA) (Nasdaq:SPWRB) during the period from January 1, 2008 through November16, 2009.   continued...
Nov 16, 2009	17:54	Bronstein Gerwitz & Grossman LLC Investigating Possible Securities Law Violations at Northwest Pipe Company
		Bronstein, Gewirtz & Grossman, LLC is investigating reports of possible securities laws violations by Northwest Pipe Company ("NWPX"), a manufacturer and marketer of large-diameter, high-pressure steel pipeline systems. On November 12, 2009, Northwest Pipe Company (NWPX) fell 14% or $4.49 and closed at $26.74 after the maker of welded steel pipes said it has delayed the release of its third-quarter financial results. The company said the financial report for the three months ended Sept. 30 has been delayed "pending the conclusion of an ongoing internal investigation of certain accounting matters, including certain revenue recognition practices." The investigation is being conducted by the board of directors' audit committee and independent professionals, the company said. Northwest Pipe said it plans to publish the results "as soon as practicable" after the investigation and any further accounting work that may be needed.   continued...
Nov 16, 2009	15:17	The Pomerantz Firm Charges Hansen Medical, Inc. With Securities Fraud -- HNSN
		Pomerantz Haudek Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") has filed a class action lawsuit in the United States District Court, Northern District of California, against Hansen Medical, Inc. ("Hansen" or the "Company") (NYSE:HNSN) and certain of its top officials. The class action (09-CV-5367) was filed on behalf of persons or entities that purchased or otherwise acquired shares in Hansen during the period May 1, 2008 through October 18, 2009 inclusive, (the "Class Period"). The Complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act, 15 U.S. C. Sections 78j(b) and 77t(a) and the Private Securities Litigation Reform Act.   continued...
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