BigClassActions.com

Xerium Technologies, Inc. NYSE: XRM



Company: Xerium Technologies, Inc.
Ticker Symbol: NYSE: XRM
Class Period: May 16, 2005 to November 15, 2005
Date Filed: Jun-08-06
Lead Plaintiff Deadline: Aug-07-06
Court: District, MA
Allegations:
A securities class action was commenced on behalf of shareholders who purchased the common stock of Xerium Technologies, Inc. (NYSE: XRM) pursuant and/or traceable to the Company's initial public offering on or about May 16, 2005 through November 15, 2005 ("the Class Period").

The case is pending in the United States District Court for the District of Massachusetts against defendant Xerium and one or more of its officers and/or directors. The action charges that defendants violated 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.

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 to a lawyer for a free evaluation.


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