DENVER, Oct. 19, 2006 (PRIMEZONE) -- The law firm of Shuman & Berens LLP (www.shumanberens.com) today encouraged persons who currently own the common stock of Sapient Corp. (Nasdaq:SAPE) to contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483 or via email at Kip@shumanberens.com, concerning their rights and interests regarding possible stock option backdating at the company.
Shuman & Berens LLP is investigating the possible backdating of Sapient Corp. stock options granted to company employees. On October 17, 2006, the company announced that it had identified stock option grants awarded between 1997 and 2001 that had incorrect measurement dates and were not properly accounted for. The company has stated that it will restate past financial results and that its financial statements and all earnings relating to periods beginning in January 1997 should not be relied upon.
For a free consultation regarding your rights and interests with respect to your Sapient Corp. stockholdings, you may contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483, or via email at Kip@shumanberens.com
Shuman & Berens LLP attorneys have extensive experience in prosecuting shareholder litigation and have played significant roles in securities actions throughout the nation, resulting in substantial recoveries to investors. For more information about Shuman & Berens LLP go to (www.shumanberens.com)