January 7 2011
- by Lucy Campbell
Company: |
Tekelec |
Ticker Symbol: |
TKLC |
Class Period: |
Feb-11-10 to Aug-5-10 |
Date Filed: |
Jan-6-11 |
Lead Plaintiff Deadline: |
Mar-7-11 |
Court: |
Eastern District of North Carolina |
Allegations: |
Oklahoma City, OK: A class action lawsuit has been filed in the United States District Court for the Eastern District of North Carolina against Tekelec. The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 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 February 11, 2010 through August 5, 2010. No class has yet been certified.
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.
Tekelec TKLC Securities Fraud Legal Help
If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Tekelec securities class action lawsuit. Please
fill in our form on the right to submit your complaint for a free evaluation.
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