Contact Information: Contact: Lewis Kahn Kahn Gauthier Swick, LLC 1-866-467-1400, ext. 100 Lewis.kahn@kgscounsel.com
INVESTOR ALERT: KGS Notifies Michael Baker Corp. Shareholders That They Have Until May 12, 2008 to File Lead Plaintiff Application in Securities Fraud Class Action Lawsuit - MBC
| Source: Kahn Gauthier Swick, LLC
NEW ORLEANS, LA--(Marketwire - March 15, 2008) - Kahn Gauthier Swick, LLC ("KGS") reminds
shareholders that May 12, 2008 is the deadline to file lead plaintiff
applications in a securities fraud class action pending in the United
States District Court for the Western District of Pennsylvania, on behalf
of shareholders who purchased the common stock of Michael Baker Corp.
("MBC" or the "Company") (AMEX : BKR ) between March 19, 2007 and February
22, 2008, inclusive (the "Class Period"). No class has yet been certified
in this action.
UNLESS A CLASS IS CERTIFIED, YOU ARE NOT PERSONALLY REPRESENTED BY COUNSEL
UNLESS YOU RETAIN AN ATTORNEY.
If you would like to discuss your legal rights, you may e-mail or call KGS
Managing Partner Lewis Kahn, without obligation or cost to you, toll free
1-866-467-1400, ext. 100, via cell phone after hours at 504-301-7900, or by
email at lewis.kahn@kgscounsel.com.
MBC and certain of the Company's officers and directors are charged with
making a series of materially false and misleading statements related to
the Company's business and operations in violation of the Securities
Exchange Act of 1934 (the "Exchange Act").
After MBC announced a restatement to its earnings following the market's
close on February 22, 2008, shares of the Company fell from a closing price
of $36.10 to $27.57 the next trading day.
If you wish to serve as lead plaintiff in this class action lawsuit, you
must move the Court no later than May 12, 2008. Any member of the putative
class may move the Court to serve as lead plaintiff through counsel of
their choice, or may choose to do nothing and remain an absent class
member. If you would like to discuss your legal rights, you may e-mail or
call KGS Managing Partner Lewis Kahn, without obligation or cost to you,
toll free 1-866-467-1400, ext. 100, after hours via cell phone
504-301-7900, or by email at lewis.kahn@kgscounsel.com. To learn more
about KGS, you may visit www.kgscounsel.com. KGS is a law firm focused on
securities class action litigation with offices in New Orleans and New York
City.
KGS' lawyers have significant experience litigating complex securities
fraud class actions. Among other cases, KGS has been appointed Lead or
Co-Lead Counsel in the following securities cases: In re: U.S. Auto Parts
Networks, Inc. Securities Litigation, C.D. Cal.; In re Optionable, Inc.
Securities Litigation, S.D.N.Y.; In re Xethanol Corporation Securities
Litigation, S.D.N.Y.; Pixelplus Co. Ltd., S.D.N.Y.; In re Witness Systems
Inc. Securities Litigation, N.D. Ga.; Whitney Information Network, M.D.
Fla.; Bodisen Biotech, Inc., S.D.N.Y.; Pegasus Wireless Corp., S.D. Fla.;
In re Xinhua Finance Media, Ltd. Securities Litigation, S.D.N.Y.; Terayon
Comm. Systems Inc., N.D. Cal.; Gaming Partners, D. Nev.; and In re BigBand
Networks, Inc. Securities Litigation, N.D. Cal.
SPECIAL NOTICE: KGS encourages you to carefully evaluate any firm you may
consider to represent your interests in the MBC class action. Critical
components of a law firm's ability to successfully prosecute this action
and obtain a strong recovery for you include the resources it will dedicate
to prosecution of the case, including the number of lawyers the firm has
available for the MBC action in particular, AND especially the quality of
the firm's work. Interested shareholders are encouraged to call for
consultation and to request more information about KGS.