Lipman Electronic Engineering Ltd (LPMA) (LPMA)

[midastouch017]

Law Office of Jacob Sabo, Representing Investors Who Purchased Lipman Electronic Engineering, Ltd., Announces Class Action Lawsuit and Seeks to Recover Losses -- LPMA
Wednesday October 19, 3:51 pm ET


LOS ANGELES, Oct. 19, 2005 (PRIMEZONE) -- Notice is hereby given by the Law Office of Jacob Sabo that a Class Action lawsuit was filed in the United States District Court for the Eastern District of New York on behalf of a class (the ``Class'') consisting of all persons or entities who purchased or otherwise acquired securities of Lipman Electronic Engineering, Ltd. (``Lipman'' or the ``Company'') (NasdaqNM:LPMA - News) (TASE:LPMA)on the Nasdaq National Market and/or Tel Aviv Stock Exchange between October 4, 2004 and September 27, 2005, inclusive (the ``Class Period'').
A copy of the Complaint is available from the court or from the Law Offices of Jacob Sabo, Tel Aviv, Israel. Please contact us by phone to discuss this action or obtain a copy of the Complaint at (011) 972-3-6078888 or by email at [e-mail].

http://biz.yahoo.com/pz/051019/88184.html

Federman & Sherwood Announces that a Securities Class Action Lawsuit was Filed Against Lipman Electronic Engineering, Ltd.
Wednesday October 19, 11:46 am ET


OKLAHOMA CITY, Oct. 19 /PRNewswire/ -- On October 11, 2005, the class action lawsuit was filed in the United States District Court for the Eastern District of New York against Lipman Electronic Engineering, Ltd. (Nasdaq: LPMA - News). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b- 5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from October 04, 2004 through September 27, 2005.
Plaintiff seeks to recover damages on behalf of the Class. If you are a member of the Class as described above, you may move the Court no later than Monday, December 12, 2005, to serve as a lead plaintiff for the Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.

http://biz.yahoo.com/prnews/051019/clw527.html?.v=9

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