| Company: | Heelys, Inc. |
| Ticker Symbol: | NASD: HLYS |
| Class Period:: | IPO: December 2006 |
| Date Filed: | Aug-29-07 |
| Lead Plaintiff Deadline: | Oct-26-07 |
| Court: | Northern District, TX |
| Allegations: |
A class action lawsuit has been commenced in the United States District Court for the Northern District of Texas on behalf of purchasers of Heelys, Inc. (the "Company") (NASDAQ: HLYS) stock issued pursuant or traceable to the false and misleading Registration Statement filed with the Securities and Exchange Commission by Heelys in connection with the Company's December 2006 initial public stock offering.
The complaint alleges that during the Class Period the Company, and certain of its officers and directors, violated federal securities laws by issuing various materially false and misleading statements that had the effect of artificially inflating the market price of the Company's securities and causing Class members to overpay for the securities.
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 alleges that during the Class Period the Company, and certain of its officers and directors, violated federal securities laws by issuing various materially false and misleading statements that had the effect of artificially inflating the market price of the Company's securities and causing Class members to overpay for the securities.
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.
