BENSALEM, Pa., Feb. 26, 2008 (PRIME NEWSWIRE) -- Law Offices of Howard G. Smith announces a securities class action lawsuit on behalf of purchasers of the common stock of SunOpta Inc. ("SunOpta" or the "Company")(Nasdaq:STKL) between August 8, 2007 and January 25, 2008, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Southern District of New York.
The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning SunOpta's business and financial performance, thereby artificially inflating the price of SunOpta securities.
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. If you purchased SunOpta common stock between August 8, 2007 and January 25, 2008, you have certain rights, and have until March 28, 2008, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, by email to howardsmithlaw@hotmail.com or visit our website at www.howardsmithlaw.com.
More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca.