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 Taleo Corp. (NASDAQ: TLEO)
| Source: Federman & Sherwood
OKLAHOMA CITY, OK--(Marketwire - November 20, 2008) - On November 14, 2008, a class action
lawsuit was filed in the United States District Court for the Northern
District of California against Taleo Corp. (NASDAQ : TLEO ). 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. The class period is
from October 4, 2005 through November 10, 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 Friday, January 16, 2009, 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: