LAWFUEL – The Legal Newswire – NEW YORK, Aug. 20, 2007 — The Rosen Law Firm http://www.rosenlegal.com) announced today that a class action has
been commenced in the United States District Court for the Central
District of California on behalf of purchasers of Himax Technologies,
Inc. (“Himax” or the “Company”) (Nasdaq:HIMX) securities pursuant to or
traceable to the Company’s March 30, 2006 Initial Public Offering
To join the Himax securities litigation as a plaintiff or for further
information, please call Laurence Rosen, Esq. or Phil Kim, Esq.
toll-free at 866-767-3653 or email [email protected] or
You can join the class action online at http://www.rosenlegal.com.
A class action lawsuit has already been filed on behalf of Himax
shareholders. If you wish to serve as lead plaintiff, you must move the
Court no later than October 3, 2007. If you wish to join the litigation
or to discuss your rights or interests regarding this class action,
please contact plaintiff’s counsel, Laurence Rosen, Esq. or Phil Kim
Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at
[email protected] or [email protected] . 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. You may also remain an
absent class member.
The complaint charges the Company and its CFO with violations of the
Securities Act of 1933 for allegedly issuing false and misleading
statements in the Prospectus issued in connection with the Company’s
March 30, 2006 IPO. In particular, the Complaint asserts that the
Company failed to disclose that its operations faced an imminent
reduction in customer demand due to unusually high inventory levels
being experienced by the Company’s customers.
The Rosen Law Firm (http://www.rosenlegal.com) has expertise in
prosecuting investor securities litigation and extensive experience in
actions involving financial fraud. The Rosen Law Firm represents
investors throughout the nation, concentrating its practice in
securities class actions.
More information on this and other class actions can be found on the
Class Action Newsline at www.primenewswire.com/ca
CONTACT: The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Toll Free: (866) 767-3653
Fax: (212) 202-3827