Cincinnati, OH (PRWEB) November 08, 2012
The law firm of Statman, Harris & Eyrich, LLC is investigating possible claims against Tennessee Commerce Bancorp, Inc. (“Tennessee Commerce”), subsequent to its closure by the Tennessee Department of Financial Institutions (FDIC Office of the Inspector General Office of Audits and Evaluations Report No. AUD-12-014; Material Loss Review of Tennessee Commerce Bank, Franklin, Tennessee, September 2012).
A securities class action alleging violations of the anti-fraud provisions of the federal securities laws on behalf of Tennessee Commerce common stock holders between April 18, 2008 and September 13, 2012 (the “Class Period”) has been filed in the United States District Court of Middle District of Tennessee, Nashville Division (Case No. 12-cv-1137). No class has been certified in the above action. An individual who purchased Tennessee Commerce common stock during the Class Period may move the Court, no later than January 2, 2013, to serve as Lead Plaintiff; however, certain legal requirements must be met. To be a member of the class, no action need be taken at this time; shareholders may retain counsel of their choice or take no action and remain absent class members.
Individuals who wish to discuss this action, would like more information about serving as lead plaintiff, or have any questions concerning their rights or interests with respect to these matters, are encouraged to contact Brian Giles, Esq. at (513) 345-8181 or at classaction(at)statmanharris(dot)com for further information without any obligation or cost.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; Detroit, Michigan and Sarasota, Florida. http://www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
Statman, Harris & Eyrich, LLC
Brian Giles Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181