Atlas Mining Company WKN 263 513 ISIN US0493751087 ALMI

    Und nun eine Klage:
    so was mag ich ja gar nicht.
    Da war noch eine au0er SRLM, wo nicht viel dabei herauskam.
    Bei der anderen war es unangenehmer......, fällt mir aber im Moment und wohl überhaupt nicht mehr ein.....


    Investor Update: The Rosen Law Firm Files Class Action Lawsuit Charging Atlas Mining Company With Securities Fraud --- ALMI
    Friday October 12, 9:00 pm ET



    NEW YORK, NY--(MARKET WIRE)--Oct 12, 2007 -- The Rosen Law Firm today announced that it has filed a class action lawsuit against Atlas Mining Company ("Atlas" or the "Company") (OTC BB:ALMI.OB - News) on behalf of investors that purchased Atlas stock during the period from March 31, 2005 through and including October 9, 2007.
    To join the Atlas Mining class action, go to the website at http://www.rosenlegal.com or call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action.


    The case is pending in the United States District Court for the District of Idaho as case no. 07-428. You can obtain a copy of the complaint from the clerk of court or you may contact counsel for plaintiffs Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com.


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    The complaint charges that Atlas and certain of its officers and directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing materially false and misleading financial statements filed with the SEC during the Class Period by overstating the Company's revenue and assets.


    On October 9, 2007, the Company announced that it would have to restate its financial statements for each of the reporting periods from 2004 through the current fiscal quarter as a result of improper revenue recognition practices and other violations of generally accepted accounting principles. In addition, Atlas announced it was suspending all activities at its Dragon Mine pending a review. These announcements caused Atlas' stock price to immediately drop by half -- causing investors substantial losses.


    A class action lawsuit has already been filed on behalf of Atlas shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. 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 Phillip Kim of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@rosenlegal.com.


    If you purchased Atlas stock and would like further information concerning your legal rights, please contact Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com or visit the website at http://www.rosenlegal.com


    The Rosen Law Firm 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.

    Die Form wäre schon interessant......eine "Class aktion".....das hatte ich schon mal und habe davon partizipiert......als shareholder (Datum ist entscheidend) wirst Du angeschrieben und musst ein Formblatt ausfüllen......so geschehen bei mir damals mit einer AG namens "nanophase" ich hatte dies dann fast schon vergessen als mir ein Scheiben und ein Scheck ins Haus flatterte. Keine Mühe, keine Arbeit, keine Kosten....


    Für mich wird es wohl eher nicht in Frage kommen da erst nach dem Kurssturz rein.....


    Hat eigentlich irgendjemand schon mal wieder einen aktuellen Stand bzgl. der Klage gegen GAM gehört?

    So, der nächste hängt sich an.


    Company reagiert nicht.
    Ich bin raus mit ein paar € Verlust, wart da mal ab.
    Bei lawsuits hängt die Partie meist.
    Ansonsten sind die mindestens 2$ wert, wenn es halbwegs läuft sogar 5$.


    Value,
    bei GAM hab ich nichts darüber gehört. Depending wie man sagt.
    Da bin ich auch raus ..


    grüße
    Tschonko


    Brower Piven Announces the Filing of a Class Action Lawsuit Against Atlas Mining Company
    Monday October 15, 1:02 pm ET


    BALTIMORE, MD--(MARKET WIRE)--Oct 15, 2007 -- Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the District of Idaho on behalf of purchasers of the common stock of Atlas Mining Company ("Atlas" or the "Company") (OTC BB:ALMI.OB - News) between March 31, 2005 and October 9, 2007, inclusive (the "Class Period").



    The complaint alleges that during the Class Period the Company, and certain of its officers and directors, violated federal securities laws by issuing various materially false and misleading statements that had the effect of artificially inflating the market price of the Company's securities and causing Class members to overpay for the securities.


    No class has yet been certified in the above action. If you are a member of the proposed Class, you may, no later than December 11, 2007, ask the Court to allow you to serve as lead plaintiff for the proposed Class. To serve as a lead plaintiff, you must satisfy certain legal requirements. In making your decision, you should take into account that those with large financial losses resulting from the alleged federal securities law violations are given preference in being appointed lead plaintiff.


    If you have suffered a net loss for all transactions in Atlas Mining Company securities during the Class Period (including shares or calls purchased during, but retained after, the Class Period or put options sold but not covered until after the Class Period), you may obtain additional information about this lawsuit and your ability to become a lead plaintiff by contacting Brower Piven (without obligation or cost to you) at http://www.browerpiven.com, by email at hoffman@browerpiven.com, by calling 410-986-0036, or at Brower Piven, The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202. The partners at the firm responsible for this case have combined experience in securities and class action litigation of over 40 years. If you choose to retain counsel, you may retain Brower Piven, or you may retain other counsel of your choice.

    @Tschonko...du hoerst Klage und schon bist weg. :D ..duck and dive !


    Ich wollte auch erst bei dem opening alles verkaufen auf der Alm.
    Dann dachte ich scheiss drauf die kommt schon wieder auf dem Berg.
    Ich bin noch 13% im plus, die Klage hat der Markt schon verdaut mit einen Dollar.


    Die GAM halte ich noch, so plus minus null, den Ueberschuss hauen ich spaeter raus bei plus 15- 20%.


    Mal schaun wie des bei den zwa weida geht.


    Gibt schlimmere Minen.... :D..Notfalls reiche ich auch eine Klage ein.

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