DENVER, Dec. 1, 2005 (PRIMEZONE) -- The law firm of Dyer & Shuman, LLP (www.DyerShuman.com) today encouraged persons who purchased the common stock of Motive, Inc. (Nasdaq:MOTVE) between June 25, 2004 and October 26, 2005, including those who purchased their shares pursuant to the Company's June 2004 initial public offering ("Class Members"), to contact Kip B. Shuman of Dyer & Shuman, LLP at 1-800-711-6483 or via email at KShuman@DyerShuman.com, or counsel of their choice, concerning their rights and interests as potential class members in the shareholder class action lawsuit recently filed in the United States District Court for the Western District of Texas against Motive, Inc. The lawsuit alleges that Motive, Inc. violated federal securities laws by issuing material misrepresentations to the market.
If you are a Class Member, you may have the legal right to petition the Court to be appointed a "lead plaintiff." Any such request must satisfy certain criteria and be made on or before January 2, 2006. In the alternative, you may (i) do nothing at this time and remain an absent Class Member or (ii) file an individual lawsuit. In making your decision, you should take into account that the federal securities laws are specifically designed to encourage persons with large financial losses as a result of the alleged securities violations to seek lead plaintiff appointment. If you are a Class Member you may join the class action online at www.DyerShuman.com.
For a free consultation regarding your rights and interests with respect to the Motive, Inc. class action, you may contact Kip B. Shuman of Dyer & Shuman, LLP at 1-800-711-6483, or via email at KShuman@DyerShuman.com.
Dyer & Shuman, LLP has extensive experience in prosecuting shareholder litigation and has played significant roles in securities class actions throughout the nation, resulting in substantial recoveries to investors. For more information about Dyer & Shuman, LLP go to www.DyerShuman.com