ATLANTA, Sept. 3, 2008 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating possible violations of federal securities laws by Hardinge Inc. ("Hardinge" or the "Company") (Nasdaq:HDNG). The investigation focuses on whether Hardinge issued false and misleading public statements concerning the Company's financial condition by failing to disclose that the Company was experiencing slowing sales due to outdated machinery and by failing to timely record an impairment in the value of its inventory.
Shareholders of Hardinge common stock who purchased shares between February 22, 2007 and February 21, 2008 with questions concerning their legal rights are encouraged 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.