ATLANTA, April 10, 2008 (PRIME NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating possible securities law violations by First Marblehead Corporation (or the "Company") (NYSE:FMD). The investigation centers on whether the Company issued false and misleading statements to the public related to the accuracy of its financial reporting regarding student loan default rates.
Shareholders who purchased First Marblehead Corporation common stock between August 10, 2007 and December 4, 2007 with questions concerning their legal rights are invited to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.