SAN DIEGO, March 15, 2002 (PRIMEZONE) -- The Law Firm of Robbins Umeda & Fink, LLP announces that a class action lawsuit was filed in the United States District Court for the Southern District of Texas on behalf of purchasers of the securities of Hanover Compressor Company ("Hanover" or the "Company") (NYSE:HC) between May 15, 2000 and January 28, 2002, inclusive (the "Class Period"). If you are a member of this class, you can join this action by contacting the Firm.
The complaint charges Hanover and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Hanover is a provider of natural gas compression, gas handling and related services in the United States and selected international markets. The complaint alleges violations of the federal securities laws arising out of defendants' issuance of false financial statements and other false and misleading statements about the Company's operating performance. A copy of the complaint filed in this action is available from the Court or can be e-mailed or mailed to you upon request.
If you bought the securities of Hanover between May 15, 2000 and January 28, 2002, you may, no later than April 5, 2002, request that the Court appoint you as a lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Robbins Umeda & Fink, LLP, or other counsel of your choice, to serve as your counsel in this action.
Robbins Umeda & Fink, LLP has significant experience prosecuting class actions on behalf of investors. If you wish to discuss this action, please call or e-mail the Firm at:
ROBBINS UMEDA & FINK, LLP Contact: Brian J. Robbins, Esq. 1010 Second Ave., Suite 2360 San Diego, CA 92101 Toll Free: 1-800-350-6003 E-mail: info@ruflaw.com
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.