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Article: Shareholders' Class Action Lawsuit Against Optionable Inc. Dismissed.
- Article from:
- PR Newswire
- Article date:
- October 21, 2008
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VALHALLA, N.Y., Oct. 21 /PRNewswire-FirstCall/ -- Optionable Inc. (BULLETIN BOARD: OPBL) announced today that a federal judge has dismissed a shareholder class action lawsuit against the Company. U.S. District Judge Lewis A. Kaplan of the Southern District of New York issued his ruling on Monday noting that the shareholder lawsuit, which claimed that Optionable had misled investors, was deficient. The dismissal is subject to possible appeal by the plaintiffs.
Safe Harbor Statement
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Optionable ...