Contact Information: Contact: Lewis Kahn Kahn Gauthier Swick, LLC 1-866-467-1400, ext. 100 Lewis.kahn@kgscounsel.com
INVESTOR ALERT: KGS Notifies Reddy Ice Holdings, Inc. Shareholders That They Have Until October 7, 2008 to File Lead Plaintiff Application in Securities Fraud Class Action Lawsuit - FRZ
| Source: Kahn Gauthier Swick, LLC
NEW ORLEANS, LA--(Marketwire - August 10, 2008) - Kahn Gauthier Swick, LLC ("KGS") reminds
shareholders that October 7, 2008 is the deadline to file lead plaintiff
applications in a securities fraud class action pending in the United
States District Court for the Eastern District of Michigan, on behalf of
shareholders who purchased the common stock of Reddy Ice Holdings, Inc.
("Reddy Ice" or the "Company") (NYSE : FRZ ) between August 10, 2005 and
March 6, 2008, inclusive (the "Class Period"). No class has yet been
certified in this action.
If you would like to discuss your legal rights, you may e-mail or call KGS
Managing Partner Lewis Kahn, without obligation or cost to you, toll free
1-866-467-1400, ext. 100, via cell phone after hours at 504-301-7900, or by
email at lewis.kahn@kgscounsel.com.
Reddy Ice and certain of the Company's officers and directors are charged
with making a series of materially false and misleading statements related
to the Company's business and operations in violation of the Securities
Exchange Act of 1934 (the "Exchange Act"). In particular, the complaint
alleges that Reddy Ice violated United States antitrust laws and recognized
significant revenues as the result of such illegal activities. On March 6,
2008, Reddy Ice announced that "federal officials executed a search warrant
at the Company's corporate office in Dallas" the day before. On March 7,
2008, Reddy Ice shares fell by approximately one-third, closing at $15.38,
on extremely heavy volume.
If you wish to serve as lead plaintiff in this class action lawsuit, you
must move the Court no later than October 7, 2008. Any member of the
putative class may move the Court to serve as lead plaintiff through
counsel of their choice, or may choose to do nothing and remain an absent
class member. If you would like to discuss your legal rights, you may
e-mail or call KGS Managing Partner Lewis Kahn, without obligation or cost
to you, toll free 1-866-467-1400, ext. 100, after hours via cell phone
504-301-7900, or by email at lewis.kahn@kgscounsel.com. To learn more
about KGS, you may visit www.kgscounsel.com. KGS is a law firm focused on
securities class action litigation with offices in New Orleans and New York
City.
KGS' lawyers have significant experience litigating complex securities
class actions. Among other cases, KGS has been appointed Lead or Co-Lead
Counsel in the following securities cases: In re: U.S. Auto Parts Networks,
Inc. Securities Litigation, C.D. Cal.; In re Optionable, Inc. Securities
Litigation, S.D.N.Y.; In re Xethanol Corporation Securities Litigation,
S.D.N.Y.; Pixelplus Co. Ltd., S.D.N.Y.; In re Witness Systems Inc.
Securities Litigation, N.D. Ga.; Whitney Information Network, M.D. Fla.;
Bodisen Biotech, Inc., S.D.N.Y.; Pegasus Wireless Corp., S.D. Fla.; In re
Xinhua Finance Media, Ltd. Securities Litigation, S.D.N.Y.; Terayon Comm.
Systems Inc., N.D. Cal.; Gaming Partners, D. Nev.; and In re BigBand
Networks, Inc. Securities Litigation, N.D. Cal.
SPECIAL NOTICE: KGS encourages you to carefully evaluate any firm you may
consider to represent your interests in the Reddy Ice class action. The
Private Securities Litigation Reform Act ("PSLRA") permits Reddy Ice
shareholders to choose counsel of their choice to prosecute this action.
Critical components of a law firm's ability to successfully prosecute this
action and obtain a strong recovery for you include the resources it will
dedicate to prosecution of the case, including the number of lawyers the
firm has available for the Reddy Ice action in particular, AND especially
the quality of the firm's work. Interested shareholders are encouraged to
call for consultation and to request more information about KGS. While KGS
has not filed suit yet, the firm is currently conducting its own
investigation of Reddy Ice and invites shareholders to evaluate its
complaint when choosing counsel.