Contact Information: K. Lynn Nunn FEDERMAN & SHERWOOD 10205 North Pennsylvania Avenue Oklahoma City, OK 73120 (405) 235-1560 Email to: kln@federmanlaw.com www.federmanlaw.com
Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against MetroPCS Communications Inc. (NYSE: PCS)
| Source: Federman & Sherwood
OKLAHOMA CITY, OK--(Marketwire - December 16, 2009) - On December 15, 2009, a class action
lawsuit was filed in the United States District Court for the Northern
District of Texas against MetroPCS Communications Inc. (NYSE : PCS ). The
complaint alleges violations of federal securities laws, Sections 10(b) and
20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including
allegations of issuing a series of material misrepresentations to the
market which had the effect of artificially inflating the market price.
The class period is from February 26, 2009 through November 4, 2009.
Plaintiff seeks to recover damages on behalf of the Class. If you are a
member of the Class as described above, you may move the Court no later
than Monday, February 15, 2010, to serve as a lead plaintiff for the Class.
However, in order to do so, you must meet certain legal requirements
pursuant to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this or any other
lawsuit, or have any questions or concerns regarding this notice, or
preservation of your rights, please contact: