Contact Information: William B. Federman FEDERMAN & SHERWOOD 10205 North Pennsylvania Avenue Oklahoma City, OK 73120 Email to: wfederman@aol.com www.federmanlaw.com
Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against GT Solar International, Inc. (NASDAQ: SOLR)
| Source: Federman & Sherwood
OKLAHOMA CITY, OK--(Marketwire - August 1, 2008) - On August 1, 2008, a class action lawsuit
was filed in the United States District Court for the District of New
Hampshire against GT Solar International, Inc. (NASDAQ : SOLR ). 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 of issuing a series of material misrepresentations to the
market which had the effect of artificially inflating the market price.
This lawsuit was filed on behalf of those purchasers of GT Solar
International, Inc. common stock in connection with the Registration
Statement and Prospectus issued by the Company in connection with its July
23, 2008 Initial Public Offer ("IPO").
Plaintiff seeks to recover damages on behalf of the Class. If you are a
member of the Class as described above, you may move the Court no later
than Tuesday, September 30, 2008, to serve as a lead plaintiff for the
Class. However, in order to do so, you must meet certain legal
requirements pursuant to 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: