SOURCE: Federman & Sherwood

November 08, 2010 17:59 ET

Federman & Sherwood Reminds Investors That a Securities Class Action Lawsuit Has Been Filed Against Baxter International Inc. (NYSE: BAX) With an Expanded Class Period of September 16, 2009 Through May 3, 2010

OKLAHOMA CITY, OK--(Marketwire - November 8, 2010) -  On September 21, 2010, a class action lawsuit was filed in the United States District Court for the Northern District of Illinois against Baxter International Inc. (NYSE: BAX) 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 was originally from September 17, 2009 through May 3, 2010, but has now been expanded to include those purchases made on September 16, 2009.

Plaintiff seeks to recover damages on behalf of the Class. If you are a member of the Class as described above, you only have until Monday, November 22, 2010 to move the Court for consideration 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:

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