DENVER, Aug. 25, 2008 (GLOBE NEWSWIRE) -- The law firm of Dyer & Berens LLP (www.DyerBerens.com) today announced that September 8, 2008 is the deadline for investors to seek a lead plaintiff appointment in the pending class action lawsuits against MRV Communications, Inc. ("MRV") (Nasdaq:MRVC) and others.
On July 8, 2008, Dyer & Berens LLP filed Anits v. MRV Communications, Inc. et al., Case No. CV 08-04472 GPS AJWx, in the United States District Court for the Central District of California on behalf of investors who purchased the common stock of MRV between March 31, 2003 and June 5, 2008, inclusive ("Class Period"). The complaint charges MRV and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Thereafter, other law firms filed similar complaints on behalf of purchasers of MRV common stock.
If you purchased MRV securities during the Class Period, you may have the right to petition the court to be appointed a "lead plaintiff." A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Any such request must satisfy certain criteria and be made on or before September 8, 2008. In the alternative, you may do nothing at this time and remain an absent class member. In making your decision, you should take into account that the federal securities laws are specifically designed to encourage individuals and institutions with large financial losses as a result of the alleged securities violations to seek lead plaintiff appointment.
If you would like to discuss a potential lead plaintiff appointment, or your rights and interests with respect to the lawsuit, you may contact Jeffrey A. Berens, Esq. at (888) 300-3362, (303) 861-1764 or via email at jeff@dyerberens.com.
The law firm of Dyer & Berens LLP focuses on complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. For more information about the firm, please go to www.DyerBerens.com.
More information on this and other class actions can be found on the Class Action Newsline at www.globenewswire.com/ca