| Company: | Keefe Bruyette & Woods, Inc. |
| Ticker Symbol: | PHLX: KBW |
| Class Period:: | October 22, 2003 |
| Date Filed: | Jun-25-07 |
| Lead Plaintiff Deadline: | Aug-17-07 |
| Court: | Eastern District, PA |
| Allegations: |
A class action complaint was commenced in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons who owned seats on the Philadelphia Stock Exchange ("PHLX") on October 22, 2003 against Keefe Bruyette & Woods, Inc. ("KBW"), and Joseph Spalluto, one of its managing directors. The Complaint charges defendants with violations of the Securities Exchange Act of 1934 and the Racketeer Influenced and Corrupt Organizations Act ("RICO"). The complaint alleges that in connection with other wrongdoing surrounding the demutualization of the PHLX and to facilitate that wrongdoing, KBW published false and misleading statements that caused class members to lose their state law appraisal rights and acquiesce in demutualization, resulting in a loss to seat owners of at least $500,000 per seat.
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 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.
