LOS ANGELES, Nov. 10, 2008 (GLOBE NEWSWIRE) -- Khang & Khang LLP today announced it is investigating potential claims against SouthWest Water Company ("SouthWest Water" or the "Company") (Nasdaq:SWWC) concerning possible securities violations in relation to the Company's November 10, 2008, press release in which SouthWest Water informed investors that it was delaying the filing of its Form 10-Q for the third quarter ended September 30, 2008, and that SouthWest Water's audit committee, upon management's recommendations, has concluded that the Company's consolidated financial statements for the years ended December 31, 2005, 2006 and 2007 and for each of the quarters therein, as well as for the quarters ended March 31, 2008 and June 30, 2008, should no longer be relied upon and will be restated to correct the errors.
If you purchased SouthWest Water common stock between January 1, 2005 and November 10, 2008, and would like to learn more about these claims or have information about these claims, or if you have any questions concerning this Notice, wish to discuss these matters, or have any questions with regard to your rights or interests with respect to these matters, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 1901 Avenue of the Stars, 2nd Floor, Los Angeles, California 90067, or by telephone at (310) 461-1342, or by email to Joon@Khanglaw.com.