BigClassActions.com

MoneyGram International, Inc. NYSE: MGI



Company: MoneyGram International, Inc.
Ticker Symbol: NYSE: MGI
Class Period: January 24, 2007 to January 14, 2008
Date Filed: March-31-08
Lead Plaintiff Deadline: May-30-08
Court: District, MN
Allegations:
A securities class action has been commenced on behalf of shareholders who acquired MoneyGram International, Inc. (NYSE: MGI) securities between January 24, 2007 and January 14, 2008, inclusive (the Class Period).

The case is pending in the United States District Court for the District of Minnesota, against the company and certain key officers and directors.

The action charges that defendants violated the 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.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased the stock listed above during the class period, you have certain rights. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice.

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.

Register your Securities Complaint

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


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