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MicroFinancial Inc. Securities Fraud



Company: MicroFinancial, Inc.
Ticker Symbol: NYSE: MFI
Class Period: February 5, 1999 to October 30, 2002
Court: District, MA
Date Filed: Oct-23-03
Lead Plaintiff Deadline: Dec-15-03
Allegations:
A securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of MicroFinancial, Inc. (NYSE:MFI) between February 5, 1999 and October 30, 2002, inclusive (the "Class Period").

The case is pending in the United States District Court for the District of Massachusetts against defendant MicroFinancial and certain of its officers and 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.

If you acquired the securities of the defendants during the Class Period you may, no later than Dec 15, 2003, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

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