BOCA RATON, Fla., Dec. 29, 2008 (GLOBE NEWSWIRE) -- On December 24, 2008, a class action lawsuit was filed in the United States District Court for the District of New Mexico against Emcore Corporation ("Emcore" or the "Company") (Nasdaq:EMKR). The complaint 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 that Emcore issued a series of material misrepresentations to the market that artificially inflated the market price. The class period is from June 12, 2007 through March 17, 2008 (the "Class Period").
Plaintiff seeks to recover damages on behalf of the Class. If you purchased Emcore common stock during the Class Period, you may move the Court no later than Monday, February 23, 2009 to serve as a lead plaintiff for the Class. However, in order to do so, you must meet certain legal requirements under the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this or any other lawsuit, or have any questions or concerns regarding this notice, or preservation of your rights, please contact:
Kenneth J. Vianale, Esq.
VIANALE & VIANALE LLP
2499 Glades Road, Suite 112
Boca Raton, FL
Email to: kvianale@vianalelaw.com
http://www.vianalelaw.com
888-657-9960 (Toll Free)
(561) 392-4750