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 Cano Petroleum, Inc. (AMEX: CFW)
| Source: Federman & Sherwood
OKLAHOMA CITY, OK--(Marketwire - October 9, 2008) - On October 2, 2008, a class action
lawsuit was filed in the United States District Court for the Southern
District of New York against Cano Petroleum, Inc. (AMEX : CFW ). 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 the Company issued a series of false and material
misrepresentations in its registration statement and prospectus filed with
the SEC in connection with its Secondary Public Offering on June 26, 2008.
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 Monday, December 8, 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: