NEW YORK, Aug. 19, 2005 (PRIMEZONE) -- The Rosen Law Firm (http://rosenlegal.com) today announced that it is investigating allegations that Brantley Capital Corp. ("Brantley" or the "Company") (Pink Sheets:BBDC) violated the federal securities laws by materially misstating the value of certain assets on its balance sheet.
The Rosen Law Firm's investigation focuses on allegations that Brantley overvalued its equity interest in Flight Options, which represented approximately 43% of the total value of the Company's assets since at least August 14, 2003.
As a result of these allegations of misconduct, the Rosen Law Firm is considering filing a class action on behalf of investors who purchased Brantley Capital stock during the period from August 14, 2003 through June 28, 2005 against the Company and its former management.
If you purchased shares of Brantley Capital stock during the period from August 14, 2003 to June 28, 2005, and would like further information concerning your legal rights, please call Laurence Rosen, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or visit the website at www.rosenlegal.com
You may also access the website at http://rosenlegal.com to participate in the proposed class action.
The Rosen Law Firm has expertise in prosecuting investor securities litigation. With offices in New York City, The Rosen Law Firm represents investors throughout the United States.