Brower Piven Announces the Filing of a Class Action Lawsuit Against Fidelity Ultra-Short Bond Fund
This entry was posted on 6/19/2008 7:33 AM and is filed under Class Action.
BALTIMORE, MD -- 06/18/08 -- Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the District of Massachusetts on behalf of purchasers of the Fidelity Ultra-Short Bond Fund ("Fund") (NASDAQ: FUSFX) who purchased the Fund between June 6, 2005 and June 5, 2008, inclusive (the "Class Period").
The complaint charges Fidelity Management & Research Company ("Company") and certain related entities, among others, with violations of the Securities Act of 1933. The Company is the investment advisor to the entire group of mutual funds under the Fidelity name.
No class has yet been certified in the above action. If you are a member of the proposed Class, you may, no later than August 4, 2008, ask the Court to allow you to serve as lead plaintiff for the proposed Class. To serve as a lead plaintiff, you must satisfy certain legal requirements. In making your decision, you should take into account that those with large financial losses resulting from the alleged federal securities law violations are given preference in being appointed lead plaintiff.
http://www.earthtimes.org/articles/show/brower-piven-announces-the-filing,438886.shtml
