| Company: | Viseon, Inc. |
| Ticker Symbol: | OTCBB: VSNI |
| Class Period: | November 3, 2004 to May 15, 2006 |
| Date Filed: | Apr-19-07 |
| Lead Plaintiff Deadline: | Jun-16-07 |
| Court: | Northern District, TX, Dallas Division |
| Allegations: |
A class action has been commenced in the United States District Court for the Northern District of Texas, Dallas Division, on behalf of purchasers of Viseon, Inc. ("Viseon") (OTCBB:VSNI) common stock during the period between November 3, 2004 and May 15, 2006 (the "Class Period").
The complaint charges Viseon and certain of its officers and directors with violations of the Securities Exchange Act of 1934 by virtue of the Company's issuance of a series of materially false and misleading statements concerning the quality and stage of development of the Company's Viseon VisiFone. The complaint alleges that the Company misrepresented that the products worked and were marketable. When news that the products did were not marketable and not being sold to customers, the price of Viseon stock plummeted.
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 Viseon and certain of its officers and directors with violations of the Securities Exchange Act of 1934 by virtue of the Company's issuance of a series of materially false and misleading statements concerning the quality and stage of development of the Company's Viseon VisiFone. The complaint alleges that the Company misrepresented that the products worked and were marketable. When news that the products did were not marketable and not being sold to customers, the price of Viseon stock plummeted.
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.
