SOURCE: Dyer & Berens LLP

July 17, 2008 11:34 ET

Dyer & Berens LLP, Which Filed the First Class Action Lawsuit on Behalf of NexCen Brands, Inc. Investors, Announces Upcoming Deadline for Investors to Seek Lead Plaintiff Appointment -- NEXC

DENVER, CO--(Marketwire - July 17, 2008) - The law firm of Dyer & Berens LLP (www.DyerBerens.com) today announced that July 28, 2008 is the deadline for investors to seek a lead plaintiff appointment in the pending class action lawsuits against NexCen Brands, Inc. ("NexCen") (NASDAQ: NEXC) and others.

On May 28, 2008, Dyer & Berens LLP filed Gray v. NexCen Brands, Inc. et al., Case No. 1:08-cv-04906-MGC, in the United States District Court for the Southern District of New York on behalf of investors who purchased the common stock of NexCen between May 10, 2007 and May 19, 2008 ("Class Period"). The complaint charges NexCen and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Thereafter, other law firms filed similar complaints on behalf of purchasers of NexCen common stock and call options.

If you purchased NexCen securities during the Class Period, you may have the legal right to petition the court to be appointed a "lead plaintiff." A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Any such request must satisfy certain criteria and be made on or before July 28, 2008. In the alternative, you may do nothing at this time and remain an absent class member. In making your decision, you should take into account that the federal securities laws are specifically designed to encourage individuals and institutions with large financial losses as a result of the alleged securities violations to seek lead plaintiff appointment.

If you would like to discuss a potential lead plaintiff appointment, or your rights and interests with respect to the lawsuit, you may contact Jeffrey A. Berens, Esq. at 1-888-300-3362, 303-861-1764 or via email at jeff@dyerberens.com.

The law firm of Dyer & Berens LLP focuses on complex class action litigation on behalf of injured investors throughout the nation. 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
    Email: Email Contact