NEW YORK, July 3, 2008 (PRIME NEWSWIRE) -- The Brualdi Law Firm P.C. announces that a lawsuit has commenced in the United States District Court for the Southern District of Ohio on behalf of purchasers of Fifth Third Bancorp. ("Fifth Third" or "the Company") (Nasdaq:FITB) (NYSE:FTB-PA) (NYSE:FTB-PC) common stock during the period between October 19, 2007 and June 17, 2008 (the "Class Period").
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 Fifth Third common stock during the period described above, you have certain rights, and have until no later than 60 days from July 3, 2008 in which to move for Lead Plaintiff status. Any member of the purported 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.
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 Sue Lee at The Brualdi Law Firm, 29 Broadway, Suite 2400, New York, New York 10006, by telephone toll free at (877) 495-1877 or (212) 952-0602, by email to slee@brualdilawfirm.com or visit our website at http://www.brualdilawfirm.com/
The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning Fifth Third Bancorp's financial condition and prospects, thereby artificially inflating the price of Fifth Third Bancorp securities.