SOUTH BURLINGTON, Vt., April 18, 2008 (PRIME NEWSWIRE) -- Johnson & Perkinson hereby announces that the deadline for applying for Lead Plaintiff status in a class action lawsuit naming Superior Offshore International, Inc. ("Superior Offshore" or the "Company") (Nasdaq:DEEP) is approaching. The action, docket numbered 08-CV-00987, was filed in the United States District Court for the Southern District of Texas. Individuals, families, trusts or other entities that purchased Superior Offshore common stock between April 20, 2007 and January 9, 2008, inclusive, and have substantial losses, have the opportunity to participate as Lead Plaintiffs in the currently pending class action litigation against the Company. To do so, you must apply to serve in that capacity by April 28, 2008.
Johnson & Perkinson, a law firm based in South Burlington, Vermont, has extensive experience prosecuting investor class actions and actions involving financial fraud. Attorneys Johnson and Perkinson are both former employees of the Securities and Exchange Commission. Dedicated to maximizing shareholder return, members of Johnson & Perkinson have prosecuted complex class actions alleging securities or consumer fraud/deception on behalf of investors/consumers against numerous public companies since 1985, resulting in the recovery of many hundreds of millions of dollars, and have been singled out for excellence by various courts. The firm is litigating, or has recently resolved litigation, as Lead or Co-Lead Counsel in securities class actions against Xerox, Priceline, Wireless Facilities, i2 and Xchange, and served on the Executive Committee in the Global Crossing case.
If you wish to discuss this action or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Johnson & Perkinson attorneys James F. Conway, III or Eben F. Duval via email at email@jpclasslaw.com; through our website at www.jpclasslaw.com; toll free at 1-888-459-7855; or by mail at Johnson & Perkinson, 1690 Williston Road, P.O. Box 2305, South Burlington, Vermont 05403. Attorneys at Johnson & Perkinson can help you decide if seeking appointment as a Lead Plaintiff is right for you. Your ability to share in any recovery is not affected by your decision to not seek appointment as a Lead Plaintiff.
More information on this and other class actions can be found on the Class Action Newsline at www.primenewswire.com/ca/