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Cadence Design Systems CDNS Securities Stock Fraud

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Company: Cadence Design Systems
Ticker Symbol: CDNS
Class Period: Apr-23-08 to Oct-22-08
Date Filed: Oct-29-08
Lead Plaintiff Deadline: Dec-28-08
Court: Northern District of California
Allegations:
A class action lawsuit has been filed in the United States District Court for the Northern District of California against Cadence Design Systems Inc. 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 misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from April 23, 2008 through October 22, 2008.

Plaintiff seeks to recover damages on behalf of the Class. If you are a member of the Class as described above, you may move the Court no later than Monday, December 29, 2008, to serve as a lead plaintiff for the 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 acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, 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.

Cadence Design Systems CDNS Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Cadence Design Systems securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

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