DENVER, Oct. 13, 2006 (PRIMEZONE) -- The law firm of Shuman & Berens LLP (www.shumanberens.com) today encouraged persons who purchased the common stock of TVIA, Inc. (Nasdaq:TVIA) between August 8, 2006 and September 27, 2006 ("Class Members") to contact Jeffrey A. Berens of Shuman & Berens LLP at 1-800-711-6483 or via email at jeff@shumanberens.com, or their counsel of 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 Northern District of California. The lawsuit alleges that the defendants violated the federal securities laws by, among other things, providing false and misleading revenue guidance.
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 December 5, 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.
For a free consultation regarding your rights and interests with respect to the TVIA class action, you may contact Jeffrey A. Berens of Shuman & Berens LLP at 1-800-711-6483, or via email at jeff@shumanberens.com.
Shuman & Berens LLP's attorneys have extensive experience in prosecuting shareholder litigation and have played significant roles in securities class actions throughout the nation resulting in substantial recoveries to investors. For more information about Shuman & Berens LLP go to www.shumanberens.com