Pittsburgh Law Office of Alfred G. Yates Jr., P.C. Files Class
Action Lawsuit On Behalf of Shareholders of OCZ Technology Group
(OCZ) and Announces Investigations of DUSA Pharmaceuticals (DUSA),
First California Financial Group (FCAL), Gold Resource Corp.
(GORO), JDA Software Group (JDAS), KBW (KBW), Metropolitan Health
Networks (MDF), Overseas Shipholding Group (OSG), PSS World Medical
(PSSI), Schiff Nutrition International (SHF), and Warnaco Group
(WRC)
PITTSBURGH, Nov. 8, 2012 /PRNewswire/ -- Notice is hereby
given by the Law Office of Alfred G. Yates
Jr., P.C. that it has filed a class action in the United
States District Court for the Northern District of California on behalf of purchasers of OCZ
Technology Group, Inc. ("OCZ") (NYSE: OCZ) common stock during the
period between July 10, 2012 and
October 11, 2012 (the "Class
Period").
If you wish to discuss this action or have any questions
concerning this notice or your rights or interests, please contact
plaintiff's counsel, Alfred G. Yates Jr.,
Esquire at 1-800-391-5164, toll free, or at yateslaw@aol.com
by e-mail. Please visit http://yatesclassactionlaw.com for more
information. Any member of the putative class may move the Court to
serve as lead plaintiff through counsel of their choice, or may
choose to do nothing and remain an absent class member. If you wish
to serve as lead plaintiff, you must move the Court no later than
December 10, 2012.
The complaint alleges that during the Class Period, defendants
issued materially false and misleading statements regarding the
Company's business practices and financial results.
Specifically, defendants failed to disclose that the Company's
sales trends were not as robust as they had stated, and that in
order to address those negative trends in OCZ's business,
defendants were promising to pay customers "incentives" (i.e.,
rebates) in order to obtain sales, rendering their statements
concerning OCZ's financial results materially false and
misleading. As a result of these false statements, OCZ's
stock traded at artificially inflated prices during the Class
Period, reaching a high of $7.67 per
share in intraday trading on July 30,
2012.
Plaintiff seeks to recover damages on behalf of all purchasers
of OCZ securities during the Class Period (the "Class").
The firm is also investigating actions on behalf of shareholders
for the following companies: DUSA Pharmaceuticals Inc. (Nasdaq:
DUSA), First California Financial Group, Inc. (Nasdaq: FCAL), Gold
Resource Corporation (NYSE: GORO), JDA Software Group Inc. (Nasdaq:
JDAS), KBW Inc. (NYSE: KBW), Metropolitan Health Networks Inc.
(NYSE: MDF), Overseas Shipholding Group Inc. (NYSE: OSG), PSS World
Medical Inc. (Nasdaq: PSSI), Schiff Nutrition International Inc.
(NYSE: SHF), and Warnaco Group Inc. (NYSE: WRC).
If you are a shareholder of any of the above companies and wish
learn more about any of the investigations or have any questions,
please contact Alfred G. Yates Jr.,
Esquire at 1-800-391-5164, toll free, or at yateslaw@aol.com
by e-mail.
Contact:
Alfred G. Yates, Jr.
(412) 391-5164 or Toll Free:
1(800) 391-5164, fax (412) 471-1033
website: http://yatesclassactionlaw.com
email: yateslaw@aol.com
SOURCE Law Office of Alfred G. Yates
Jr., P.C.