NEW ORLEANS, Nov. 13, 2007 (PRIME NEWSWIRE) -- Kahn Gauthier Swick, LLC ("KGS"), a law firm that filed the first class action lawsuit against Fremont General Corporation ("Fremont" or the "Company") (NYSE:FMT) on behalf of shareholders who purchased the common stock of the Company between May 9, 2006, and February 27, 2007, urges investors who have lost more than $10,000 to inquire about applying for the lead plaintiff position in the case. No class has yet been certified in this action.
Unless a class is certified, you are not personally represented by counsel unless you retain an attorney.
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 November 13, 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.
More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca.