The Rosen Law Firm Reminds Great Lakes Dredge & Dock Corporation of Upcoming
Deadline in Class Action -- GLDD
NEW YORK, April 26, 2013 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds
investors of the important May 20, 2013 lead plaintiff deadline in the class
action lawsuit on behalf of investors who purchased the securities of Great
Lakes Dredge & Dock Corporation (Nasdaq:GLDD) between August 7, 2012 and March
To join the Great Lakes class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq. toll-free, at 866-767-3653;
you may also email email@example.com for information on the class action.
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. YOU MAY
CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
The complaint alleges that Defendants concealed Great Lakes' true financial
condition in its public statements to investors. Namely, that Great Lakes
overstated revenue, earnings and cash flow in its financial statements filed
with the SEC. On March 14, 2013, Great Lakes announced that its financial
statements for the second and third quarter of 2012 had to be restated due to
the recognition of certain pending change orders where client acceptance was
not finalized as revenue. It also announced the departure of its Chief
Operating Officer and President, who was also the former Chief Financial
Officer until August 20, 2012. This adverse information caused Great Lakes
stock to fall approximately 18%, closing at $7.35 per share the following day.
A class action lawsuit has already been filed on behalf of Great Lakes
shareholders. If you wish to serve as lead plaintiff, you must move the Court
no later than May 20, 2013. If you wish to join the litigation or to discuss
your rights or interests regarding this class action, please contact, Phillip
Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at
The Rosen Law Firm focuses on prosecuting securities class action litigation
and actions involving financial fraud. The Rosen Law Firm represents investors
throughout the globe concentrating its practice in securities class actions.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm P.A.
Tel: (212) 686-1060
Toll Free: 1-866--767-3653
Fax: (212) 202-3827
275 Madison Avenue, 34th Floor
New York, New York 10016
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