Company: | CIB Marine Bancshares, Inc. |
Ticker Symbol: | OTC:CIBH.PK |
Class Period: | January 21, 2000, to June 24, 2004 |
Date Filed: | Mar-11-05 |
Lead Plaintiff Deadline: | May-09-05 |
Court: | Central District, IL |
Allegations: |
A class action has been commenced in the United States District Court for the Central District of Illinois, Urbana Division, on behalf of shareholders of stock in CIB Marine Bancshares, Inc., a Wisconsin corporation (previously doing business as Central Illinois Bancorp, Inc., who purchased the stock between January 21, 2000, and June 24, 2004 (the "Class Period").
The complaint charges defendants with violations of the Securities Exchange Act of 1934. The complaint alleges that defendants engaged in fraudulent conduct in connection with the purchase or sale of a security by concealing adverse information regarding defendants' manipulative or deceptive practices. The complaint further alleges that the defendants engaged in efforts to maintain artificially high market prices for CIB Marine stock. This suit does not involve a claim against the bank itself.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, 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.
The complaint charges defendants with violations of the Securities Exchange Act of 1934. The complaint alleges that defendants engaged in fraudulent conduct in connection with the purchase or sale of a security by concealing adverse information regarding defendants' manipulative or deceptive practices. The complaint further alleges that the defendants engaged in efforts to maintain artificially high market prices for CIB Marine stock. This suit does not involve a claim against the bank itself.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, 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 you are a current or former employee of this company, and have 401(k) shares, please use this form to register your complaint. Thank you.