Company: | Check Point Software Technologies Ltd. |
Ticker Symbol: | NASD: CHKP |
Class Period: | July 10, 2001 through April 4, 2002 |
Court: | Southern District, NY |
Date Filed: | Aug-29-03 |
Lead Plaintiff Deadline: | Oct-28-03 |
Allegations: |
The complaint alleges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder. Throughout the Class Period, as alleged in the complaint, defendants issued numerous statements concerning Check Point's revenue growth, product and marketing initiatives, and increasing revenues and profits while failing to disclose that demand for the Company's products was materially declining. When this information was belatedly disclosed to the market on April 4, 2002, shares of Check Point fell over 24% on extremely heavy trading volume.
If you acquired the securities of Check Point Software Technologies Ltd. during the Class Period you may, no later than October 28, 2003, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
If you feel you qualify for damages or remedies that might be awarded in this class action please fill in our form on the right to submit your complaint.
If your injustice does not match the complaint described above, please use this form to register your complaint. Thank you.