Company: | Maytag Corp. |
Ticker Symbol: | NYSE: MYG |
Class Period: | March 7, 2005 to April 21, 2005 |
Date Filed: | Jul-05-05 |
Lead Plaintiff Deadline: | Sept-02-05 |
Court: | Souther District, IA |
Allegations: |
A class action lawsuit on behalf of investors in Maytag Corp. common stock. The lawsuit is pending in the United States District Court for the Southern District of Iowa against Maytag, Ralph F. Hake and George C. Moore.
The complaint alleges that, throughout the Class Period, the defendants failed to disclose and misrepresented material adverse facts which were known to defendants or recklessly disregarded by them and which caused the defendants to issue materially false and misleading financial projections, among other things, which caused the price of Maytag stock to trade at artificially inflated prices in the period from March 7, 2005 through April 21, 2005 (the "Class Period"). Among other things, the complaint alleges that the defendants attempted to inflate the price of Maytag stock in an effort to secure a higher price for the company in connection with its buyout negotiations with Ripplewood Holdings LLC.
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, throughout the Class Period, the defendants failed to disclose and misrepresented material adverse facts which were known to defendants or recklessly disregarded by them and which caused the defendants to issue materially false and misleading financial projections, among other things, which caused the price of Maytag stock to trade at artificially inflated prices in the period from March 7, 2005 through April 21, 2005 (the "Class Period"). Among other things, the complaint alleges that the defendants attempted to inflate the price of Maytag stock in an effort to secure a higher price for the company in connection with its buyout negotiations with Ripplewood Holdings LLC.
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.
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