BENSALEM, Pa., June 29 /PRNewswire/ -- Law Offices of Howard G. Smith announces a July 24, 2007, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of shareholders who purchased the common stock of Sterling Financial Corporation ("Sterling Financial " or the "Company') between April 27, 2004 and May 24, 2007 (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the Southern District of New York.
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 Sterling Financial 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 Sterling Financial between April 27, 2004 and May 24, 2007, you have certain rights, and have 25 days remaining -- until July 24, 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
