Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Anadigics, Inc. (NASDAQ: ANAD) OKLAHOMA CITY, OK--(MARKET WIRE)--Nov 13, 2008 -- On November 11, 2008, a class action
lawsuit was filed in the United States District Court for
the District of
New Jersey against Anadigics, Inc. (NasdaqGM:ANAD - News). The complaint
alleges
violations of federal securities laws, Sections 10(b) and
20(a) of the
Securities Exchange Act of 1934 and Rule 10b-5, including
allegations of
issuing a series of material misrepresentations to the market
which had the
effect of artificially inflating the market price. The class
period is
from July 25, 2007 through February 12, 2008. Plaintiff seeks to recover damages on behalf of the Class. If you are a member of the Class as described above, you may move the Court no later than Monday, January 12, 2009, to serve as a lead plaintiff for the Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995. If you wish to discuss this action, participate in this or any other lawsuit, or have any questions or concerns regarding this notice, or preservation of your rights, please contact: Contact: William B. Federman
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: wfederman@aol.com
http://www.federmanlaw.com
Source: Federman & Sherwood
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