METAIRIE, La., Oct. 16, 2007 (PRIME NEWSWIRE) -- Law Offices of Eric J. O'Bell, LLC ("O'Bell") announce that a class action lawsuit has been filed against Dyadic International, Inc. ("Dyadic" or the "Company") (AMEX:DIL) in the United States District Court for the Southern District of Florida, on behalf of purchasers of the common stock of Dyadic between November 10, 2006 and April 23, 2007, inclusive (the "Class Period").
The complaint charges the Company and certain of its officers and directors with making a series of materially false and misleading statements related to the Company's business and operations in violation of the Securities Exchange Act of 1934 (the "Exchange Act").
No class has yet been certified in the above action. If you are a member of the proposed Class and if you wish to serve as lead plaintiff in this class action lawsuit, you must move the Court no later than December 11, 2007. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you would like to discuss your legal rights, you may e-mail or call Eric J. O'Bell, managing partner, Law Offices of Eric J. O'Bell, LLC, without obligation or cost to you directly at 504-456-8677, or by email at ejo@obelllawfirm.com.
More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca/