NEW YORK, Jan. 30, 2008 (PRIME NEWSWIRE) -- The Rosen Law Firm today announced that a class action lawsuit has been filed on behalf of all purchasers of Teletech Holdings, Inc. ("Teletech" or the "Company") (Nasdaq:TTEC) stock during the period from February 8, 2007 through and including November 8, 2007 (the "Class Period").
To join the Teletech class action, go to the website at http://www.rosenlegal.com or call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action.
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.
The Complaint alleges that during the Class Period Teletech and certain of its officers and directors issued false and misleading financial statements, and a misleading prospectus in connection with a March 30, 2007 secondary stock offering. Underwriters of the offering are also named as defendants. The Company is alleged to have understated certain of its expenses and thus overstated net income during the Class Period.
A class action lawsuit has already been filed on behalf of Teletech shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2008. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact plaintiff's counsel, Laurence Rosen, Esq. or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@rosenlegal.com.
The Rosen Law Firm 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.