DENVER, Aug. 24, 2006 (PRIMEZONE) -- The law firm of Dyer & Shuman, LLP (www.dyershuman.com) today encouraged persons who purchased the common stock of Sunterra Corporation (Pink Sheets:SNRR) between August 14, 2003 and May 17, 2006 ("Class Members") to contact Kip B. Shuman of Dyer & Shuman, LLP at 1-800-711-6483 or via email at KShuman@DyerShuman.com., or their counsel of choice, concerning their rights and interests as potential class members in the shareholder class action recently filed in the United States District Court for the District of Nevada against Sunterra Corporation and certain of its officers and directors.
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 September 11, 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 Sunterra Corporation 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.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.