Company: | Himax Technologies, Inc. |
Ticker Symbol: | NASD: HIMX |
Class Period:: | IPO: March 30, 2006 |
Date Filed: | Aug-20-07 |
Lead Plaintiff Deadline: | Oct-03-07 |
Court: | Central District, CA |
Allegations: |
A class action has been commenced in the United States District Court for the Central District of California on behalf of purchasers of Himax Technologies, Inc. ("Himax" or the "Company") (Nasdaq:HIMX) securities pursuant to or traceable to the Company's March 30, 2006 Initial Public Offering ("IPO").
The complaint charges the Company and its CFO with violations of the Securities Act of 1933 for allegedly issuing false and misleading statements in the Prospectus issued in connection with the Company's March 30, 2006 IPO. In particular, the Complaint asserts that the Company failed to disclose that its operations faced an imminent reduction in customer demand due to unusually high inventory levels being experienced by the Company's customers.
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 the Company and its CFO with violations of the Securities Act of 1933 for allegedly issuing false and misleading statements in the Prospectus issued in connection with the Company's March 30, 2006 IPO. In particular, the Complaint asserts that the Company failed to disclose that its operations faced an imminent reduction in customer demand due to unusually high inventory levels being experienced by the Company's customers.
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.