NEW ORLEANS, Oct. 30, 2007 (PRIME NEWSWIRE) -- Kahn Gauthier Swick, LLC ("KGS"), a law firm that filed the first class action lawsuit against BigBand Networks, Inc. ("BigBand" or the "Company") (Nasdaq:BBND) on behalf of shareholders who purchased the common stock of BigBand in connection with the Company's Initial Public Offering ("IPO") on or about March 15, 2007, or who purchased shares thereafter in the open market, urges investors who have lost more than $100,000 to inquire about applying for the lead plaintiff position in the case.
If you would like to discuss your legal rights, you may e-mail or call KGS Managing Partner Lewis Kahn, without obligation or cost to you, toll free 1-866-467-1400, ext. 100, via cell phone after hours at 504-301-7900, or by email at lewis.kahn@kgscounsel.com.
A lead plaintiff serves as the representative party for all shareholders by overseeing and communicating with the lawyers for the class. A lead plaintiff has the ability to make a significant contribution to the successful resolution of a securities class action.
If you wish to serve as lead plaintiff in this class action lawsuit, you must move the Court no later than December 3, 2007. Any member of the purported 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 KGS Managing Partner Lewis Kahn, without obligation or cost to you, toll free 1-866-467-1400, ext. 100, via cell phone 504-301-7900, or by email at lewis.kahn@kgscounsel.com. To learn more about KGS, you may visit http://www.kgscounsel.com. KGS focuses its practice on securities class action litigation, and has been appointed lead counsel in numerous federal securities class actions.
SPECIAL NOTICE: KGS reminds you to fully interview any other lawyer who may issue a press release in this matter to assure that he or she thoroughly understands the facts surrounding the substantive claims KGS has filed in Court. It is critically important that interested parties carefully evaluate any other firm that may be competing with KGS to prosecute the BigBand class action. Critical components of a law firm's ability to successfully prosecute this action and obtain a strong recovery for you include its knowledge of applicable federal securities laws, the resources it will dedicate to prosecution of the case (including the number of lawyers the firm has available for the BigBand class action) AND especially the quality of the firm's work.
More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca.