SOURCE: Dyer & Berens LLP

April 16, 2009 17:12 ET

Dyer & Berens LLP Announces Upcoming Shareholder Deadline in Class Action Lawsuit on Behalf of Investors Who Purchased Insight Enterprises, Inc. (NASDAQ: NSIT) Securities between April 22, 2004 and February 6, 2009

DENVER, CO--(Marketwire - April 16, 2009) - Dyer & Berens LLP (www.DyerBerens.com) today announced that May 26, 2009 is the lead plaintiff deadline in the class action lawsuits pending in the United States District Court for the District of Arizona, which have been filed on behalf of investors of Insight Enterprises, Inc. (NASDAQ: NSIT) (the "Company" or "Insight") who purchased the Company's publicly-traded securities between April 22, 2004 and February 6, 2009, inclusive (the "Class Period").

If you wish to serve as a lead plaintiff, you must move the Court no later than May 26, 2009. If you wish to discuss this action or have any questions concerning this notice or your rights or interests in the action, you may contact Jeffrey A. Berens, Esq. at (888) 300-3362, (303) 861-1764, or via email at jeff@dyerberens.com. Any member of the putative class may move the Court to serve as a lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

The complaint charges Insight and certain of its current and former officers and directors with violations of the federal securities laws by virtue of the Company's failure to disclose during the Class Period that it had misstated its financial results. According to the complaint, on February 9, 2009, after the Company revealed that it expected to restate its financial statements, the Company's common stock fell $2.85 per share (48%), to close at $3.05 per share. The lawsuits seek to recover damages on behalf of Insight investors who purchased shares during the Class Period.

Although Dyer & Berens LLP has not filed a complaint at this time, it has significant expertise in prosecuting investor class actions involving financial fraud. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. For more information about the firm, please go to www.DyerBerens.com.

Contact Information

  • Contact:
    Jeffrey A. Berens
    Dyer & Berens LLP
    682 Grant Street
    Denver, CO 80203
    Tel: (888) 300-3362 or (303) 861-1764
    Email: Email Contact