BALTIMORE, March 7, 2005 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased or acquired the common stock of ChoicePoint Inc. (NYSE:CPS) ("ChoicePoint") between April 22, 2004 and March 3, 2005 (the "Class Period").
The case is pending in the United States District Court for the Central District of California against ChoicePoint and one or more of its officers and/or directors. The action charges that defendants violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period, which statements had the effect of artificially inflating the market price of the Company's securities.
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 are a member of the proposed class, you may move the court no later than May 3, 2005 to serve as a lead plaintiff for the proposed class. In order to serve as a lead plaintiff, you must meet certain legal requirements. To be a member of the proposed class you need not take any action at this time, and you may retain counsel of your choice.
Additionally, Law Offices Of Charles J. Piven, P.A. is investigating possible claims concerning whether ChoicePoint retirement plans imprudently invested in ChoicePoint stock.
If you acquired shares of ChoicePoint during the Class Period indicated, or if you purchased and/or held ChoicePoint stock through a ChoicePoint retirement plan during the Class Period, and want to discuss your legal rights, you may e-mail or call Law Offices Of Charles J. Piven, P.A. who will, without obligation or cost to you, attempt to answer your questions. Charles J. Piven has been involved in securities litigation for approximately 20 years. You may contact Law Offices Of Charles J. Piven, P.A. at The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202, by email at hoffman@pivenlaw.com or by calling 410/986-0036.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.