BENSALEM, Pa., Nov. 5 /PRNewswire/ -- Law Offices of Howard G. Smith announces a November 19, 2007, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of shareholders who purchased the common stock of Care Investment Trust Inc. ("Care Investment Trust" or the "Company")(NYSE: CRE) pursuant and/or traceable to the Company's initial public offering on or about June 22, 2007. The shareholder lawsuit is pending in the United States District Court for the Southern District of New York.
The Complaint alleges that the defendant violated federal securities laws by issuing material misrepresentations to the market concerning the Company's business and prospects, thereby artificially inflating the price of Care Investment Trust securities.
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. If you purchased Care Investment Trust common stock pursuant and/or traceable to the Company's initial public offering, you have certain rights, and have until November 19, 2007, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, Toll-Free at (888) 638-4847, by email to firstname.lastname@example.org or visit our website at http://www.howardsmithlaw.com.
|SOURCE Law Offices of Howard G. Smith|
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