Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been
Filed Against Affymax, Inc. (NASDAQ: AFFY)
OKLAHOMA CITY, OK -- (Marketwire) -- 03/01/13 -- On February 27,
2013, a class action lawsuit was filed in the United States District
Court for the Northern District of California against Affymax, Inc.
(NASDAQ: AFFY). The complaint alleges violations of federal
securities laws, Sections 10(b) and 20(a) of the Securities Exchange
Act of 1934 and Rule 10b-5, including allegations of issuing a series
of material or false misrepresentations to the market which had the
effect of artificially inflating the market price during the Class
Period, which is December 8, 2011 through February 22, 2013.
Plaintiff seeks to recover damages on behalf of all Affymax, Inc.
shareholders who purchased common stock during the Class Period and
are therefore a member of the Class as described above. You may move
the Court no later than Monday, April 29, 2013 to serve as a lead
plaintiff for the entire Class. However, in order to do so, you must
meet certain legal requirements pursuant to the Private Securities
Litigation Reform Act of 1995.
If you wish to discuss this action, obtain further information and
participate in this or any other securities litigation, or should you
have any questions or concerns regarding this notice or preservation
of your rights, please contact:
K. Lynn Nunn
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: firstname.lastname@example.org
Or, visit the firm's website at www.federmanlaw.com
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