Home Search Contact Us


News / Newsletter

Wolf Popper LLP Defeats Defendants' Motion to Dismiss in the Tag-It Pacific Inc. Securities Class Action , (07/17/2006)
 
 
WOLF POPPER CHARGES GEMSTAR

Wolf Popper LLP Defeats Defendants' Motion to Dismiss in the Tag-It Pacific Inc. Securities Class Action

Wolf Popper LLP is pleased to announce that the Honorable Manuel L. Real, a United States District Court Judge for the Central District of California, has sustained the Amended Complaint against Tag-It Pacific Inc. (AMEX: TAG).

Wolf Popper LLP is lead counsel for plaintiff and the class.

This is a securities fraud class action which alleges, among other things, that Tag-It made false and misleading statements to investors, including misstating Tag-It’s financial statements, primarily relating to the loss of three of its largest customers, from which Tag-It derived almost half of its annual revenues. The class action covers investors who purchased Tag-It securities during the period March 28, 2003 through August 22, 2005.

Persons seeking additional information concerning the prosecution of this lawsuit should contact:

Wolf Popper LLP • James Kelly-Kowlowitz, Esq. • 845 Third Avenue • New York • NY 10022
Tel.: 212.451.9635 or 877.370.7703 (toll free) • Fax: 212.486.2093 or 877.370.7704 (toll free)
Email: jkelly@wolfpopper.com• website:
www.wolfpopper.com

__________________________________________________

Home | Stock Investigation Guide | Portfolio Monitoring
Consumer Fraud | Securities Litigation | Antitrust | Corporate Governance | Our Cases | News
Practice Areas | Attorneys | About Us | Contact Us | Report Fraud | Search | Disclaimer