BENSALEM, Pa., Dec. 7 /PRNewswire/ -- Law Offices of Howard G. Smith announces a December 31, 2007, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of purchasers of the common stock of Isilon Systems, Inc. ("Isilon" or the "Company") between December 14, 2006 and October 3, 2007 (the "Class Period"), and on behalf of all persons or entities who acquired the common stock of Isilon pursuant and/or traceable to the Company's December 14, 2006, initial public offering (the "IPO"). The shareholder lawsuit is pending in the United States District Court for the Western District of Washington.
The Complaint alleges that defendants violated federal securities laws by issuing material misrepresentations to the market concerning the Company's business, operations and prospects, thereby artificially inflating the price of Isilon 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 Isilon common stock between December 14, 2006 and October 3, 2007, and/or pursuant to the Company's December 14, 2006, IPO, you have certain rights, and have until December 31, 2007, 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
