Contact Information: Contact: Lewis Kahn KGS 1-866-467-1400, ext. 100 email: lewis.kahn@kgscounsel.com
INVESTOR ALERT: KGS Announces That MF Global, Ltd. Investors May Now Request Lead Plaintiff Position in Securities Class Action Lawsuit
| Source: Kahn Gauthier Swick, LLC
NEW ORLEANS, LA--(Marketwire - March 8, 2008) - Kahn Gauthier Swick, LLC ("KGS") announces
that shareholders of MF Global, Ltd. ("MF" or the "Company") (NYSE : MF ) who
purchased shares of the Company in its Initial Public Offering ("IPO") on
July 19, 2007 or in the open market from July 19, 2007 through February 28,
2008 (the "Class Period"), have only until May 6, 2008 to move for
appointment as Lead Plaintiff in a securities class action lawsuit
currently pending in the United States District Court for the Southern
District of New York. No class has yet been certified in this action.
UNLESS A CLASS IS CERTIFIED, YOU ARE NOT PERSONALLY REPRESENTED BY COUNSEL
UNLESS YOU RETAIN AN ATTORNEY.
If you would like to discuss your legal rights, you may e-mail or call KGS
Managing Partner Lewis Kahn, without obligation or cost to you, toll free
1-866-467-1400, ext. 100, via cell phone after hours at
504-301-7900, or by email at lewis.kahn@kgscounsel.com.
MF and certain of its officers and directors -- collectively, "defendants"
-- are charged with including, or allowing the inclusion of, materially
false and misleading statements in the Registration Statement and
Prospectus issued in connection with the IPO, in violation of the
Securities Act of 1933.
If you wish to serve as lead plaintiff in this class action lawsuit, you
must move the Court no later than May 6, 2008. Any member of the putative
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. If you would like to discuss your legal rights, you may e-mail or
call KGS Managing Partner Lewis Kahn, without obligation or cost to you,
toll free 1-866-467-1400, ext. 100, after hours via cell phone
504-301-7900, or by email at lewis.kahn@kgscounsel.com. To learn more
about KGS, you may visit www.kgscounsel.com. KGS is a law firm focused on
securities class action litigation with offices in New Orleans and New York
City (www.kgscounsel.com).
KGS' lawyers have significant experience litigating complex securities
fraud class actions. Among other cases, KGS has been appointed Lead or
Co-Lead Counsel in the following securities cases: In re: U.S. Auto Parts
Networks, Inc. Securities Litigation, C.D. Cal.; In re Optionable, Inc.
Securities Litigation, S.D.N.Y.; In re Xethanol Corporation Securities
Litigation, S.D.N.Y.; Pixelplus Co. Ltd., S.D.N.Y.; In re Witness Systems
Inc. Securities Litigation, N.D. Ga.; Whitney Information Network, M.D.
Fla.; Bodisen Biotech, Inc., S.D.N.Y.; Pegasus Wireless Corp., S.D. Fla.;
In re Xinhua Finance Media, Ltd. Securities Litigation, S.D.N.Y.; Terayon
Comm. Systems Inc., N.D. Cal.; Gaming Partners, D. Nev.; and In re BigBand
Networks, Inc. Securities Litigation, N.D. Cal.
SPECIAL NOTICE: Courts will generally appoint only one law firm to
prosecute a securities class action on behalf of the shareholders based
upon the amount of losses its "lead plaintiffs" have suffered. Accordingly,
while KGS urges you to sign up with the firm, KGS also encourages you to
carefully evaluate any other firm you may consider to represent your
interests in the MF class action, should you be considering another firm.
You may also choose to remain an absent class member. Critical components
of a law firm's ability to successfully prosecute this action and obtain a
strong recovery for you include the resources it will dedicate to
prosecution of the case, including the number of lawyers the firm has
available for the MF action in particular, AND especially the quality of
the firm's work. Interested shareholders are encouraged to call for
consultation and to request more information about KGS.