BENSALEM, Pa., May 16 /PRNewswire/ -- Law Offices of Howard G. Smith announces a June 10, 2008, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons who purchased or acquired the common stock of Global Cash Access Holdings, Inc. ("GCA" or the "Company") pursuant or traceable to the Company's initial public offering commencing September 22, 2005, and who held such shares of GCA common stock until November 14, 2007. The shareholder lawsuit is pending in the United States District Court for the Southern District of New York.
The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning, among other things, the sufficiency of the Company's internal controls and their effect on the reporting of the Company's financial results, thereby artificially inflating the price of GCA stock.
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 GCA common stock pursuant or traceable to the Company's September 22, 2005 initial public offering, you have certain rights, and have until June 10, 2008, 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