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WOLF POPPER CHARGES GEMSTAR
WOLF POPPER LLP FILES CLASS ACTION
AGAINST LAFARGE NORTH AMERICA, INC.
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the certification.

NEW YORK B
February 8, 2006
Wolf Popper LLP has filed a class
action lawsuit against Lafarge North America, Inc. ("Lafarge North America" or
the "Company") (NYSE:LAF), Lafarge S.A. (12053.FR), Marshall A. Cohen, Bertrand
P. Collomb, Philippe P. Dauman, Bernard L. Kasriel, Bruno Lafont, Claudine B.
Malone, Blythe J. McGarvie, James M. Micali, Robert W. Murdoch, Bertin F.
Nadeau, John D. Redfern, Philippe R. Rollier, Michel Rose, and Lawrence M.
Tanenbaum. The action was filed in the Circuit Court for Baltimore City.
On February 6, 2006, Lafarge S.A. issued a press release
announcing its intention to launch a cash tender offer for all outstanding
shares of common stock of Lafarge North America not owned by Lafarge S.A. or its
affiliates. Lafarge S.A. stated that it would offer the shareholders of Lafarge
North America US$75 per share (the "Tender Offer"). The Tender Offer represents
a mere 16.7% premium over the February 3, 2006, closing price of $64.25 per
share. Lafarge North America’s common shares traded as high as $70.47 per share
as recently as August 2, 2005. The complaint alleges that the Tender Offer price
of $75 per share does not adequately reflect the expected growth in the
Company’s profitability, in light of its continued growth in sales and profits.
The action is brought on behalf of all public shareholders of
Lafarge North America who are threatened with the deprivation of the value of
their shares of Lafarge North America common stock. The action seeks to enjoin
Lafarge S.A. from depriving Lafarge North America minority shareholders of their
equity interest in the Company for inadequate consideration and from usurping
the benefits of the expected growth in the Company’s profitability for the
defendants’ own benefit. The action also seeks damages in the event the
transaction is consummated.
Wolf Popper LLP has extensive experience representing
shareholders in class action litigation involving breaches of fiduciary duties
and financial fraud and has successfully recovered billions of dollars for
defrauded shareholders.
Class members who are interested in participating in this
action, or other persons who have questions or information regarding the
prosecution of this action, are urged to call or write:
Emily DeMuro, Investor Relations
(edemuro@wolfpopper.com
) or E. Elizabeth Ferguson, Esq.
(eferguson@wolfpopper.com ) • Wolf Popper LLP • 845 Third Avenue • New York
• NY • 10022 Tel.:212.759.4600 • Toll Free:877.370.7703 • Fax:212.486.2093 •
Toll Free Fax:877.370.7704 Email:
irrep@wolfpopper.com
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