|MEMC Electronic Materials Inc
|Jun-13-08 to Jul-23-08
|Lead Plaintiff Deadline:
|Eastern District of Missouri
The suit alleges that the company and its CEO failed to disclose production problems that adversely impacted its financial results for the quarter ended June 30, and that MEMC and CEO Nabeel Gareeb violated the Securities Exchange Act of 1934 by failing to disclose production problems at the company's facilities in Italy and Texas, eventually resulting in a 22 percent drop in share price, from $53.80 per share to $42.23 per share.
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.