Law Offices Of Howard G. Smith Files Securities Class Action Lawsuit Against Monster Worldwide Inc.
Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of persons who purchased or otherwise acquired publicly traded securities of Monster Worldwide, Inc. (“Monster Worldwide” or the “Company”) (Nasdaq:MNST) between May 6, 2006 and June 9, 2006, inclusive (the “Class Period”). The class action lawsuit was filed in the United States District Court for the Southern District of New York.
The Complaint alleges that defendants violated federal securities laws by issuing material misrepresentations to the market concerning the Company’s financial performance, thereby artificially inflating the price of Monster Worldwide securities.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Monster Worldwide securities between May 6, 2006 and June 9, 2006, you have certain rights, and have until May 14, 2007, in which to move for Lead Plaintiff status.
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