Contact Information: Contact: SARRAF GENTILE LLP 116 John Street, Suite 2310 New York, NY 10038 T 212.868.3610 F 212.918.7967 www.sarrafgentile.com
Sarraf Gentile LLP Updates Investors on Securities Fraud Class Action Against Bidz.com
| Source: Sarraf Gentile LLP
NEW YORK, NY--(Marketwire - May 27, 2009) - On May 7, 2009, Sarraf Gentile LLP filed a
securities fraud class action lawsuit in the United States District Court
for the Central District of California on behalf of purchasers of common
stock of Bidz.com (NASDAQ : BIDZ ) (the "Class") during the period between
August 13,
2007 and November 26, 2007 (the "Class Period"). On May 22, 2009, a
subsequent complaint was filed by another law firm which extended the Class
Period by one day to November 27, 2007.
Sarraf Gentile LLP initially investigated the case on behalf of a Bidz
shareholder who suffered losses and thereafter filed the first class action
complaint on behalf of the Class to recover money as a result of alleged
securities fraud violations.
If you are a Bidz shareholder you have until July 6, 2009, to ask the Court
to appoint you lead plaintiff. To learn more about your rights and whether
you qualify to be a lead plaintiff, please contact: Joseph Gentile at
Sarraf Gentile LLP (telephone: 212-868-3610; e-mail:
joseph@sarrafgentile.com).
Sarraf Gentile LLP has extensive experience litigating securities fraud
class actions across the United States and has recovered millions of
dollars on behalf of injured shareholders.
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