Cano Petroleum, Inc CFW Securities Stock Fraud

Company:	Cano Petroleum, Inc
Ticker Symbol:	CFW
Class Period:	Jun-26-08 to Oct-26-08
Date Filed:	Oct-28-08
Lead Plaintiff Deadline:	Dec-27-08
Court:	Southern District of New York
Allegations:

A lawsuit seeking class action status has been filed in the United States District Court for the Southern District of New York on behalf of those who purchased the common stock of Cano Petroleum, Inc. ("Cano" or the "Company") pursuant to a Registration Statement and Prospectus issued in connection with Cano's Secondary Offering on June 26, 2008.

The Complaint charges that certain officers, directors and underwriters of Cano violated federal securities laws. Specifically, the Prospectus filed with the SEC for the Cano shares issued in the Secondary Offering contained materially false and misleading statements concerning Cano's proved reserve amounts.

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.

Cano Petroleum, Inc CFW Securities Fraud Legal Help

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