OKLAHOMA CITY, Dec. 24, 2008 (GLOBE NEWSWIRE) -- Federman & Sherwood (www.federmanlaw.com), who represents a broad base of investors throughout the nation, urges and advises all investors of Crystallex International Corp. (AMEX:KRY) who have losses and are eligible to participate in the securities litigation to contact Federman & Sherwood to explore their legal options. The complaint filed December 8, 2008 alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from July 28, 2005 through April 30, 2008.
Plaintiff seeks to recover damages on behalf of the Class. If you are a member of the Class as described above, you only have until Friday, February 6, 2009 to file lead plaintiff applications in the securities litigation in the United States District Court for the Southern District of New York. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.
Federman & Sherwood has been appointed as Lead or Co-Lead Counsel in many cases across the United States, and has significant experience in litigating complex securities class actions. If you have questions or concerns regarding this notice or preservation of your rights, please contact:
William B. Federman FEDERMAN & SHERWOOD 10205 North Pennsylvania Avenue Oklahoma City, OK 73120 Email to: wfederman@aol.com - www.federmanlaw.com