OKLAHOMA CITY, March 12, 2008 (PRIME NEWSWIRE) -- On January 28, 2008, a class action lawsuit was filed in the United States District Court for the Southern District of New York against SunOpta, Inc. (Nasdaq:STKL). Federman & Sherwood reminds current and former shareholders of SunOpta, Inc. that they only have until Friday, March 28, 2008 to move for appointment as a lead plaintiff in this case. The Complaint alleges violations of Section 10(b) and Section 20(a) of the Securities Exchange Act, and Rule 10b-5 promulgated thereunder. It has been confirmed that the Company overstated its inventories for 2007 -- rendering the 2007 quarterly financial statements as inaccurate.
If you purchased SunOpta, Inc. between August 8, 2007 and January 25, 2008 and wish to join this litigation as a plaintiff, please contact our office as soon as possible. Our firm seeks to recover damages on behalf of the Class. Federman & Sherwood has extensive experience and expertise in prosecuting securities litigation involving financial fraud. We represent investors throughout the country in shareholder litigation.
If you wish to join this class action or have further questions, please contact:
K. Lynn Nunn FEDERMAN & SHERWOOD 10205 North Pennsylvania Avenue Oklahoma City, OK 73120 (405) 235-1560 Email to: kln@federmanlaw.com - www.federmanlaw.com
More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca.