Law Offices of Howard G. Smith Announces Update to the Shareholder Lawsuit Against FCStone Group, Inc.

       By: Law Offices of Howard G. Smith
Posted: 2008-08-23 06:27:12
Law Offices of Howard G. Smith announces a September 15, 2008, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all purchasers of the common stock of FCStone Group, Inc. ("FCStone") (Nasdaq: FCSX) between April 10, 2008 and July 9, 2008, inclusive (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the Western District of Missouri.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning the FCStone's financial performance and prospects, thereby artificially inflating the price of FCStone stock.

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 FCStone common stock between April 10, 2008 and July 9, 2008, you have certain rights, and have until September 15, 2008, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847,visit our website at http://www.howardsmithlaw.com.
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