Investigation Announced on Behalf of Fidelity Utlra-Short Bond Fund Investors

DENVER, April 28, 2008 (Lawfuel) -- The law firm of Dyer & Berens LLP (www.berenslaw.com) announced today that it has initiated an investigation on behalf of investors in the Fidelity Ultra-Short Bond Fund (Ticker: FUSFX) concerning whether Fidelity Investments and others may have misrepresented the risks associated with the investment and/or failed to adequately disclose that the Fidelity Ultra-Short Bond Fund was so heavily invested in high-risk mortgage-back securities. Dyer & Berens LLP believes that investors may have legal claims under the federal securities laws for losses associated with the potential misrepresentations and/or omissions. If you purchased Fidelity Ultra-Short Bond Fund shares and suffered losses, or have information relevant to the investigation, you may contact Jeffrey A. Berens, Esq. at 1-888-300-3362, 303-861-1764 or via email at jeff@dyerberens.com. Dyer & Berens LLP specializes in complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. Its attorneys have served as lead or liaison counsel in many securities fraud class actions, including: In re Qwest Comm'ns Int'l Sec. Litig.; Croker v. Carrier Access Corp.; UFCW Local 880-Retail Employers Joint Pension Fund v. Newmont Mining Corp.; Rasner v. FirstWorld Comm'ns, Inc.; In re ICG Comm'ns Sec. Litig.; Angres v. Smallworldwide, PLC; In re Ultimate Electronics, Inc. Sec. Litig.; Kerns v. SpectraLink Corp.; Queen Uno Ltd. v. Coeur d'Alene Mines Corp.; Toothman v. One-Stop Wireless of America; and In re Tele-Communications, Inc. Sec. Litig.

Investigation Announced on Behalf of Fidelity Utlra-Short Bond Fund Investors

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