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IndyMac Bancorp Inc. IDMC.PK Securities Stock Fraud

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Company: IndyMac Bancorp Inc.
Ticker Symbol: IDMC.PK
Class Period: Apr-26-07 to May-12-07
Date Filed: Aug-8-08
Lead Plaintiff Deadline: Oct-7-08
Court: U.S. District Court in Los Angeles
Allegations:
On August 1, shareholders of mortgage lender IndyMac Bancorp Inc. filed a class-action lawsuit against the bank's former leaders. The suit targets former IndyMac CEO Michael W. Perry and the bank's former chief financial officer, A. Scott Keys. The suit alleges that shareholders were misled about the financial health of the bank and lost money as a result, and that Perry downplayed IndyMac's worsening financial position.

The action was filed in U.S. District Court in Los Angeles on behalf of investors who purchased common stock, preferred stock and/or preferred units of IndyMac Bancorp between April 26, 2007, and May 12, 2008.

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.

IndyMac Bancorp Inc. IDMC.PK 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 IndyMac Bancorp Inc. securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

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