NEW YORK, Dec. 4, 2007 (PRIME NEWSWIRE) -- The Rosen Law Firm (http://www.rosenlegal.com) reminds current and former shareholders of Atlas Mining Company ("Atlas") (OTCBB:ALMIE) that they have only one week until December 11, 2007 to move for appointment as lead plaintiff.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER.
If you purchased the Atlas securities during the period from March 31, 2005 through October 9, 2007, and wish to join the Atlas securities litigation as a plaintiff, or for further information, please call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com .
You can join the class action online at http://www.rosenlegal.com .
The complaint charges that Atlas and certain of its officers and directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing materially false and misleading financial statements filed with the SEC during the Class Period by overstating the Company's revenue and assets.
While numerous law firms have made announcements about this class action lawsuit, it does not appear that all of these firms filed an actual lawsuit. The Rosen Law Firm filed the first securities class action lawsuit against the Company and its officers and directors.
The Rosen Law Firm http://www.rosenlegal.com has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud. The Rosen Law Firm represents investors throughout the nation, concentrating its practice in securities class actions.
More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca