DENVER, March 27, 2008 (PRIME NEWSWIRE) -- Dyer & Berens LLP (www.berenslaw.com) today encouraged persons who purchased the publicly-traded securities of Michael Baker Corporation (AMEX:BKR) between March 19, 2007 and February 22, 2008 (the "Class Period") to contact Jeffrey A. Berens, Esq. at 1-888-300-3362, 303-861-1764 or via email at jeff@dyerberens.com, or their counsel of choice, concerning their rights and interests in the recently-filed shareholder class action lawsuits.
If you are a purchaser of Michael Baker Corporation securities during the Class Period, you may have the legal right to petition the court to be appointed a "lead plaintiff." Any such request must satisfy certain criteria and be made on or before May 12, 2008.
The shareholder lawsuits allege that the defendants violated the federal securities laws by issuing material misrepresentations to the market concerning Michael Baker Corporation's financial performance, thereby artificially inflating the price of its publicly-traded securities. On February 22, 2008, the company shocked the market when it announced that it would be restating its earlier financial statements. On this news, the company's stock plummeted over 20% on unusually heavy trading volume.
Dyer & Berens LLP specializes in complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. Its attorneys have served as lead or liaison counsel in many securities fraud class actions, including: In re Qwest Comm'ns Int'l Sec. Litig.; Croker v. Carrier Access Corp.; UFCW Local 880-Retail Employers Joint Pension Fund v. Newmont Mining Corp.; Rasner v. FirstWorld Comm'ns, Inc.; In re ICG Comm'ns Sec. Litig.; Angres v. Smallworldwide, PLC; In re Ultimate Electronics, Inc. Sec. Litig.; Kerns v. SpectraLink Corp.; Queen Uno Ltd. v. Coeur d'Alene Mines Corp.; Toothman v. One-Stop Wireless of America; Gregg v. Sport-Haley, Inc.; and In re Tele-Communications, Inc. Sec. Litig.