Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against CompuCredit Corporation

SOURCE:

Brodsky & Smith, LLC

2008-07-28 15:51:00

Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against CompuCredit Corporation

Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against CompuCredit Corporation

BALA CYNWYD, PA–(EMWNews – July 28, 2008) – Law offices of Brodsky & Smith, LLC

announces that a class action lawsuit has been filed on behalf of all

persons who purchased the common stock of CompuCredit Corporation,

(“CompuCredit” or the “Company”) (NASDAQ: CCRT) between November 6, 2006

and June 9, 2008 (the “Class Period”). The class action lawsuit was filed

in the United States District Court for the Northern District of Georgia.

The Complaint alleges that defendants violated federal securities laws by

issuing a series of material misrepresentations to the market, thereby

artificially inflating the price of CompuCredit.

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 are a CompuCredit shareholder you have certain rights. 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 want to discuss your legal rights, you may

e-mail or call the law office of Brodsky & Smith, LLC who will, without

obligation or cost to you, attempt to answer your questions. You may

contact Evan J. Smith, Esquire or Marc L. Ackerman, Esquire at Brodsky &

Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at

clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.

Contact:
Evan J. Smith, Esquire
or
Marc L. Ackerman, Esquire
Brodsky & Smith, LLC
Two Bala Plaza, Suite 602
Bala Cynwyd, PA 19004

877-LEGAL-90

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