NEW ORLEANS, Dec. 22, 2008 (GLOBE NEWSWIRE) -- Kahn Gauthier Swick, LLC ("KGS") announces that Monday, December 29, 2008 is the deadline to file lead plaintiff applications in a securities class action lawsuit filed in the United States District Court for the Northern District of California, on behalf of purchasers of the common stock of Cadence Design Systems, Inc.("Cadence") (Nasdaq:CDNS) during the period between April 23, 2008 and October 22, 2008, inclusive (the "Class Period").
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.
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 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.; 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 Cadence class action. The Private Securities Litigation Reform Act ("PSLRA") permits Cadence 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 Cadence 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 Cadence and invites shareholders to evaluate its complaint when choosing counsel.