NEW YORK, Oct. 15, 2007 (PRIME NEWSWIRE) -- Roy Jacobs & Associates announces that it is investigating possible securities law violations regarding disclosures and omissions by Force Protection Inc. ("FRPT" or the "Company") (Nasdaq:FRPT) concerning material weaknesses in its accounting systems, and the need for repeated restatements of its financial statements. FRPT is down significantly from last week's trading on volume of over 5 million shares.
In addition, serious allegations have been made that FRPT executives have profited dramatically from conduct claimed to have been violative of their fiduciary duties owed to the Company and its shareholders.
If you: (i) currently hold FRPT shares and expect to continue to hold them; or (ii) purchased FRPT shares in the open market and sold them in 2007 at a loss, and are interested in discussing your rights free of charge, please contact Roy L. Jacobs. Mr. Jacobs will speak with you personally at no cost or obligation.