NEW YORK, April 28, 2005 (PRIMEZONE) -- The Brualdi Law Firm announces that it has filed a class action lawsuit on behalf of all common stockholders of William Lyon Homes ("WLS" or the "Company") (NYSE:WLS). A copy of the complaint filed in this action is available from the court, or from The Brualdi Law Firm.
The action is pending in the Court of Chancery of the State of Delaware against the Company and its directors: General William Lyon ("General Lyon"), Wade H. Cable, General James E. Dalton, Richard E. Frankel, William H. Lyon, William H. McFarland, Alex Meruelo, Michael L. Meyer and Randolph W. Westerfield ("Defendants").
The Complaint seeks to enjoin the defendants from causing the Company to be acquired by its controlling shareholder, Chairman of the Board and CEO, General Lyon at an inadequate consideration.
If you are a common stockholder of William Lyon Homes and would like more information about the prosecution of this Action, please contact The Brualdi Law Firm.
The Brualdi Law Firm is a firm active in major litigations pending in federal and state courts throughout the United States. It has taken a leading role in many important actions on behalf of defrauded investors, consumers, and others for many years. Please see The Brualdi Law Firm website (www.brualdilawfirm.com) for additional information about the firm. If you wish to discuss this action with us, or have any questions concerning this notice or your rights and interests with regard to the case, please contact the following attorneys:
Richard B. Brualdi, Esq. Gaitri Boodhoo, Esq. THE BRUALDI LAW FIRM 29 Broadway, Suite 2400 New York, NY, 10006 Phone number: (212) 952-0602 Toll Free: (877) 495-1187 Email: rbrualdi@brualdilawfirm.com
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca