| Company: | Daktronics Inc |
| Ticker Symbol: | DAKT |
| Class Period: | Nov-15-06 to Apr-5-07 |
| Date Filed: | Nov-10-08 |
| Lead Plaintiff Deadline: | Jan-9-09 |
| Court: | District of South Dakota |
| Allegations: | |
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 November 15, 2006 through April 5, 2007.
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 Tuesday, January 6, 2009, 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 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.
