OKLAHOMA CITY, Aug. 13 On August 10, 2007, a class actionlawsuit was filed in the United States District Court for the Middle Districtof North Carolina against POZEN Inc. (Nasdaq: POZN). The complaint allegesviolations of federal securities laws, Sections 10(b) and 20(a) of theSecurities Exchange Act of 1934 and Rule 10b-5, including allegations ofissuing a series of material misrepresentations to the market which had theeffect of artificially inflating the market price. The class period is fromJuly 31, 2006 through August 1, 2007.
Plaintiff seeks to recover damages on behalf of the Class. If you are amember of the Class as described above, you may move the Court no later thanTuesday, October 9, 2007, to serve as a lead plaintiff for the Class. However,in order to do so, you must meet certain legal requirements pursuant to thePrivate Securities Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this or any otherlawsuit, or have any questions or concerns regarding this notice, orpreservation of your rights, please contact:William B. Federman FEDERMAN & SHERWOOD 10205 North Pennsylvania Avenue Oklahoma City, OK 73120 Email to: [email protected]
SOURCE Federman & Sherwood