Infotopia (fka IFTA)

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GLRS Announces Class Action Lawsuit against Alamosa Holdings Inc.

NEW YORK (BUSINESS WIRE) – December 4, 2003, - Goodkind Labaton Rudoff & Sucharow LLP ("Goodkind Labaton") has been retained to file a class action lawsuit in the United States District Court for the Northern District of Texas, on behalf of persons who purchased or otherwise acquired publicly traded securities of Alamosa Holdings Inc. ("Alamosa" or the "Company") (NASDAQ: ALMO) between January 9, 2001 and June 13, 2002, inclusive, (the "Class Period").

During the Class Period issued numerous misleading statements. Specifically, these statements were false and misleading as they misrepresented or omitted that the Company was increasing its subscriber base by relaxing its credit criteria for new customers, that the company was in fact experiencing high involuntary disconnections related to its high credit risk customers, and as a result was carrying tens of millions of dollars of impaired receivables on its financial statements and that as a result of tightening its credit policies, the company experienced lower subscription growth.

If you bought Alamosa securities between January 9, 2001 and June 13, 2002, inclusive, you may qualify to serve as Lead Plaintiff. Lead Plaintiff papers must be filed with the court no later than January 19, 2002. If you would like to consider serving as lead plaintiff or have any questions about the lawsuit, please contact one of our representatives at [e-mail] or Chris Keller, Esq. at 800-321-0476.

Goodkind Labaton is a pioneer in the field of investor protection, with over thirty years experience litigating securities class actions in courts throughout the country. Goodkind Labaton has over 50 attorneys in two offices and maintains an in-house staff of finance and accounting specialists. Goodkind Labaton also has extensive trial experience and, most recently, concluded a class action trial resulting in a landmark $185 million verdict for the plaintiff class.


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CONTACTS

Jonathan M. Plasse
Attorney
Goodkind Labaton Rudoff & Sucharow LLP
100 Park Avenue
12th Floor
NewYork, NY 10017-5563
[e-mail]
[phone]
[phone] fax


Christopher J. Keller
Attorney
Goodkind Labaton Rudoff & Sucharow LLP
100 Park Avenue
12th Floor
NewYork, NY 10017-5563
[e-mail]
[phone]
[phone] fax