Company: | Durus Life Sciences Master Fund, Ltd. |
Ticker Symbol: | NASD: AKSY |
Class Period: | January 1, 2003 to July 24, 2003 |
Date Filed: | Aug-03-04 |
Lead Plaintiff Deadline: | Oct-03-04 |
Court: | District, CT |
Allegations: |
A class action has been filed in the United States District Court for the District of Connecticut against Durus Life Sciences Master Fund, Ltd; Durus Capital Management, LLC; Aksys, Ltd.; and Scott Sacane.
The lawsuit charges that defendants violated the federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period about their ownership of Aksys securities and that when the market learned the truth, the price of Aksys securities increased substantially.
The suit is on behalf of persons who sold short shares of Aksys securities ("Aksys" or the "Company") (Nasdaq:AKSY) during the period from January 1, 2003 through July 24, 2003 (the "Class Period").
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 lawsuit charges that defendants violated the federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period about their ownership of Aksys securities and that when the market learned the truth, the price of Aksys securities increased substantially.
The suit is on behalf of persons who sold short shares of Aksys securities ("Aksys" or the "Company") (Nasdaq:AKSY) during the period from January 1, 2003 through July 24, 2003 (the "Class Period").
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 your injustice does not match the complaint described above, please use this form to register your complaint. Thank you.