NEW YORK, Feb. 25, 2008 LAWFUEL – Legal Newswire — The Brualdi Law Firm P.C. announces that a class action lawsuit has been commenced in the United
States District Court for the District of New Jersey on behalf of all
purchasers of the common stock of Opnext, Inc. (“Opnext” or the
“Company”) (Nasdaq:OPXT) from the date of the Company’s Initial Public
Offering on February 14, 2007 through February 13, 2008, inclusive (the
“Class Period”).
No class has yet been certified in the above action. If you are a
member of the proposed Class, you may, on or before April 21, 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.
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 wish to discuss this
action or have any questions concerning this Notice or your rights or
interests with respect to these matters, please contact Tali Leger,
Director of Shareholder Relations at The Brualdi Law Firm P.C., 29
Broadway, Suite 2400, New York, New York 10006, by telephone toll free
at (877) 495-1187 or (212) 952-0602, by email to
tleger@brualdilawfirm.com or visit our website at
http://www.brualdilawfirm.com/
The complaint alleges that during the Class Period the Company and
certain of its present and former officers and directors violated
Sections 11 and 15 of the Securities Act of 1933 by issuing a
materially inaccurate Registration Statement and Prospectus in
connection with the Company’s Initial Public Offering.
