The Brauldi Law Firm Announces Class Action Suit

Class Action News

The Brualdi Law Firm announces that a securities class actionlawsuit has been commenced in the United States District Court for theNorthern District of Illinois on behalf of purchasers of Motorola, Inc.("Motorola") (NYSE:MOT) publicly traded securities during the periodbetween July 19, 2006 and January 4, 2007 (the "Class Period").

No class has yet been certified in the above action. Until aclass is certified, you are not represented by counsel unless youretain one. If you purchased Motorola common stock during the perioddescribed above, you have certain rights, and have until no later than60 days, in which to move for Lead Plaintiff status. Any member of thepurported class may move the Court to serve as lead plaintiff throughcounsel of their choice, or may choose to do nothing and remain anabsent class member.

To be a member of the class you need not take any action atthis time, and you may retain counsel of your choice. If you wish todiscuss this action or have any questions concerning this Notice oryour rights or interests with respect to these matters, please contactTali Leger, Director of Shareholder Relations at The Brualdi Law Firm,29 Broadway, Suite 2400, New York, New York 10006, by telephone tollfree at (877) 495-1877 or (212) 952-0602, by email totleger@brualdilawfirm.com or visit our website athttp://www.brualdilawfirm.com/

The complaint charges Motorola and certain of its officers anddirectors with violations of the Securities Exchange Act of 1934.Motorola builds, markets and sells products, services and applicationsthat make connections to people, information and entertainment throughbroadband, embedded systems and wireless networks.

The complaint alleges that in the summer of 2006, Motorola'spoor financial performance had depressed its stock price to below $19per share. In order to artificially inflate the price of Motorolastock, defendants began a series of false and misleading statementsregarding the Company's business and prospects. Specifically,defendants repeatedly told investors to expect strong growth in salesand revenues. On October 17, 2006, defendants announced that Motorolahad failed to meet its revenue and sales projections. As a result ofthis announcement, Motorola's stock price declined over 7% in twotrading days. Then on January 4, 2007, defendants announced thatMotorola's fourth quarter 2006 results also failed to meetexpectations. This time, the Company's stock price declined almost 8%.

CONTACT:  The Brualdi Law Firm
Tali Leger, Director of Shareholder Relations
(877) 495-1877
(212) 952-0602
tleger@brualdilawfirm.com
http://www.brualdilawfirm.com/

Related listings

  • Cargill Settles Class-Action Suit

    Cargill Settles Class-Action Suit

    Class Action News 08/08/2007

    [##_1L|1169019097.jpg|width="180" height="128" alt=""|_##]Wichita, Kan.-based Cargill Meat Solutions has settled for $1.1 million a federal class-action lawsuit filed by Pennsylvania-based employees who claimed they weren't compensated for all the ho...

  • First BanCorp Ordered To Pay $74.25 Mln To Settle

    First BanCorp Ordered To Pay $74.25 Mln To Settle

    Class Action News 08/06/2007

    [##_1L|1357141336.jpg|width="120" height="138" alt=""|_##]First BanCorp Holding Co. announced that the United States District Court for the District of Puerto Rico has issued preliminary order on August 1, 2007, asking the company to pay $74.25 milli...

  • Homeless woman in class-action suit against Fresno dies

    Homeless woman in class-action suit against Fresno dies

    Class Action News 08/05/2007

    A homeless woman suing the city of Fresno over the destruction of homeless people's belongings during raids on thier camps has died just days after the lawsuit gained class-action status. Pamela Kincaid, 51, died Wednesday after friends said she fell...

New Rochelle, New York Personal Injury Lawyers

If you or a loved one has been injured in an accident, contact Kommer, Bave & Ollman, LLP, in New Rochelle, New York, immediately. We can answer all your questions and work with you to determine if you have the grounds for a personal injury lawsuit. The attorneys at our firm are determined to resolve even the most difficult of cases. We will work closely with you to determine the best course of action to get your claim or case resolved in the most efficient way possible. We will fight for your right to compensation! No one should have to suffer a financial burden from the result of another person’s carelessness. The attorneys at Kommer, Bave & Ollman, LLP will aggressively fight to ensure that justice is served on your behalf.

Business News

New York & New Jersey Family Law Matters We represent our clients in all types of proceedings that include termination of parental rights. >> read