Company: | KLA-Tencor Corporation |
Ticker Symbol: | Nasdaq:KLAC |
Class Period: | February 13, 2003 to May 22, 2006 |
Date Filed: | Jun-29-06 |
Lead Plaintiff Deadline: | Aug-28-06 |
Court: | Northern District, CA |
Allegations: |
A securities fraud class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of purchasers of KLA-Tencor Corporation (Nasdaq:KLAC) stock during a class period of February 13, 2003 to May 22, 2006.
The complaint charges KLA-Tencor and its top executive officers and directors violated the federal securities laws by failing to account properly for stock options made to KLA-Tencor employees. The complaint charges that KLA-Tencor improperly expensed stock options, thereby falsely inflating the company's reported financial performance.
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 KLA-Tencor and its top executive officers and directors violated the federal securities laws by failing to account properly for stock options made to KLA-Tencor employees. The complaint charges that KLA-Tencor improperly expensed stock options, thereby falsely inflating the company's reported financial performance.
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.