Important Deadline in Exide Technologies Class Action, Says Rosen Law Firm - XIDE
26 Abril 2013 - 11:10PM
The Rosen Law Firm reminds investors of the important June 14, 2013
lead plaintiff deadline in the class action lawsuit on behalf of
investors who purchased the securities of Exide Technologies
(Nasdaq:XIDE) between February 9, 2012 and April 3, 2013.
To join the Exide class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq. or Jonathan Horne,
Esq. toll-free, at 866-767-3653; you may also email
pkim@rosenlegal.com or jhorne@rosenlegal.com for information on the
class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN
AN ABSENT CLASS MEMBER.
The Complaint alleges that defendants failed to disclose that:
(a) Exide was polluting the environment with potentially fatal
levels of arsenic, and exposing almost 110,000 residents near its
Vernon, California battery recycling facility to dangerously high
levels of pollutants; (b) based on actual and projected revenues
and expenses Exide would not be able to meet its debt repayment
obligations and other pledges and promises under its debt
agreements and indentures. The lawsuit claims that when the market
learned of this information the value of Exide securities dropped
damaging investors.
If you wish to serve as lead plaintiff, you must move the Court
no later than June 13, 2013. A lead plaintiff is a
representative party acting on behalf of other class members in
directing the litigation. If you wish to join the litigation,
or to discuss your rights or interests regarding this class action,
please contact Jonathan Horne, Esq. of The Rosen Law Firm,
toll-free, at 866-767-3653, or via e-mail at jhorne@rosenlegal.com.
You may also visit the firm's website at
http://www.rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Jonathan Horne, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
jhorne@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com
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