BENSALEM, Pa., April 24, 2007 LAWFUEL – Class Actions Newswire — Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of persons who purchased or otherwise acquired publicly traded securities of International Rectifier Corporation (“International Rectifier Corp.” or the “Company”) (NYSE:IRF) between October 27, 2005 and April 9, 2007, inclusive (the “Class Period”). The class action lawsuit was filed in the United States District Court for the Central District of California.
The Complaint alleges that defendants violated federal securities laws by issuing material misrepresentations to the market concerning the Company’s financial performance, thereby artificially inflating the price of International Rectifier Corp. securities.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased International Rectifier Corp. securities between October 27, 2005 and April 9, 2007, you have certain rights, and have until June 18, 2007, in which to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G.
Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, by email to [email protected] or visit our website at www.howardsmithlaw.com.