NEW YORK, March 21, 2008 (PRIME NEWSWIRE) -- The Rosen Law Firm, representing Opnext investors, reminds present and former shareholders of Opnext, Inc. ("Opnext") (Nasdaq:OPXT) that the lead plaintiff deadline is a month away-April 21, 2008. If you purchased Opnext stock at anytime from the date of the Company's Initial Public Offering (the "IPO") on February 14, 2007 through February 13, 2008 you can participate in this securities class action to recover losses for Opnext investors.
While numerous other law firms have issued notices of the class action, the Rosen Law Firm filed the first class action on behalf of Opnext investors.
To join the Opnext class action, go to the website at http://www.rosenlegal.com or call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action.
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. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER.
The complaint charges that Opnext and certain of its present and former officers, directors, and control persons violated Sections 11 and 15 of the Securities Act of 1933 by issuing a materially inaccurate Registration Statement and Prospectus (collectively the "Registration Statement") in connection with the Company's IPO. A class action lawsuit has already been filed on behalf of Opnext shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2008. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact plaintiff's counsel, Laurence Rosen, Esq. or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@rosenlegal.com.
More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca