NEW YORK, Nov. 16, 2005 (PRIMEZONE) -- Roy Jacobs & Associates has filed a class action lawsuit in the United States District Court for the Central District of California on behalf of all purchasers who purchased Interlink Electronics Inc. (Nasdaq:LINK) securities during the Class Period which is from April 24, 2003, to November 1, 2005. The lawsuit, which alleges violations of the federal securities laws, was filed against Interlink and its top executives E. Michael Thoben, III and Paul D. Meyer.
For further information you may call toll free, (888) 884-4490, or contact Roy Jacobs & Associates by e-mail by writing to classattorney@pipeline.com.
The Complaint alleges that defendants violated the federal securities laws by issuing materially false and misleading statements during the Class Period (April 24, 2003, to November 1, 2005). On March 9, 2005, Interlink publicly announced it would restate its financial results for the first three quarters of 2004 to correct several instances of improper accounting. Then, on November 2, 2005, Interlink shocked investors by announcing it was again restating its financial statements, this time for all of 2003, all of 2004, and the first two quarters of 2005 and wiping out previously reported earnings. This sent Interlink shares plummeting in value by 40%.
If you purchased Interlink securities during the Class Period from April 24, 2003, to November 1, 2005, you may qualify to serve as Lead Plaintiff on behalf of the Class. You are not required to have sold your securities in order to claim damages, or to serve in this role. All motions for appointment as Lead Plaintiff must be filed with the Court no later than 60 days from today.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.