NEW YORK, Dec. 27, 2005 (PRIMEZONE) -- The Rosen Law Firm http://rosenlegal.com reminds investors that they have until January 3, 2006 to seek appointment by the Court as Lead Plaintiff in the class action lawsuit filed by the Rosen Law Firm on behalf of purchasers of Motive, Inc. ("Motive" or the "Company") (Nasdaq:MOTVE) common stock during the period between April 21, 2005 through October 26, 2005 (the "Class Period").
To join the Motive class action, go to the website at http://www.rosenlegal.com or call Laurence Rosen, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com for information on the class action.
The complaint alleges that Motive issued false and misleading financial statements for the first two quarters of 2005. On October 27, 2005, Motive announced that it would be restating its financial statements for the first two quarters of 2005. Before news of the restatement was released to the public, Scott L. Harmon, the Chairman and Chief Executive Officer of the Company, sold 8,000 shares of his privately held stock for proceeds in excess of $49,585.
A class action lawsuit has already been filed on behalf of Motive shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than January 3, 2006. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact plaintiff's counsel, Laurence Rosen, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com . You can also join this class action online at http://www.rosenlegal.com
The Rosen Law Firm http://www.rosenlegal.com has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud. The Rosen Law Firm represents investors throughout the nation, concentrating its practice in securities class actions.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.