MILWAUKEE, Sept. 10, 2005 (PRIMEZONE) -- Ademi & O'Reilly, LLP (http://www.ademilaw.com/cases/DHB.php) filed a class action lawsuit in the United States District Court for the Eastern District of New York on behalf of purchasers of DHB Industries Inc. ("DHB" or the "Company") (AMEX:DHB) publicly traded securities during the period between April 21, 2004, and August 29, 2005 (the "Class Period").
If you wish to serve as lead plaintiff, you must move the Court no later than November 8, 2005. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, Guri Ademi at 866-264-3995 or via e-mail at gademi@ademilaw.com. If you are a member of this class, you can view a copy of the complaint as filed or join this class action online at http://www.ademilaw.com/cases/DHB.pdf. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.
The complaint alleges that throughout the Class Period, defendants issued numerous statements concerning the quality of the Company's bulletproof vests. Recently, DHB announced it would stop manufacturing and selling certain of its vests due to their being decertified by a government agency and took a write-off. Following this announcement, shares of DHB stock declined in value. Plaintiff seeks to recover damages on behalf of all purchasers of DHB publicly-traded securities during the Class Period.
The plaintiff is represented by Ademi & O'Reilly, LLP, which has expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.