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Law Offices of Howard G. Smith
Law Offices of Howard G. Smith Announces Update to the Shareholder Lawsuit Against Franklin Bank Corp.
August 3rd, 2008
Law Offices of Howard G. Smith announces an August 5, 2008, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons who purchased or otherwise acquired the common or preferred stock of Franklin Bank Corp. ("Franklin Bank") (NASDAQ:FBTX) between April 26, 2007 and May 1, 2008 (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the Southern District of Texas. The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning Franklin Bank's business and financial performance, thereby artificially...
Source: Pharma Investments, Ventures & Law Weekly (2008-08-03)
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