Company: | OCA, Inc. |
Ticker Symbol: | NYSE: OCA |
Class Period: | May 18, 2004 to June 7, 2005 |
Date Filed: | Jun-08-05 |
Lead Plaintiff Deadline: | Aug-08-05 |
Court: | Eastern District, LA |
Allegations: |
A class action lawsuit was filed in the United States District Court for the Eastern District
of Louisiana against OCA, Inc. (NYSE: OCA). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and ule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from May 18, 2004 through June 7, 2005. Specifically, on June 7, 2005, the Company shocked the market by issuing a press release announcing a delay in filing its annual report, that it would be restating its quarterly financial statements for 2004 and that it had placed the Company's Chief Operating Officer on administrative leave. The Company admitted that it had overstated its patient receivables and revenues during the first three quarters of 2004. Following this announcement, the Company's shares dropped almost 38%.
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.
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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