News SSB&R Recovers $5.35 Million For Tower Automotive (NYSE:TWR; OTC:TWRAQ) Investors Shalov Stone Bonner & Rocco LLP 02/11/2009

 

Shalov Stone Bonner & Rocco LLP is pleased to announce a settlement in the Tower Automotive Securities Litigation, which has been pending in the United States District Court for the Southern District of New York since April 2005. The firm served as Co-Lead Counsel for the class of affected investors and recovered a total of $5.35 million for investors who purchased Tower Automotive stock in the period from August 14, 2000, to February 1, 2005, inclusive.

A final fairness hearing on the settlement and Co-Lead Counsel's application for attorneys' fees and expenses will be held on May 27, 2009, at 12:00 p.m., at the United States Courthouse, 500 Pearl Street, Courtroom 18C, New York, NY 10007.

To review a copy of the Court Order preliminarily approving the settlement, please click here.