09.06.2006 23:24:00

Lerach Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Against CSK Auto Corporation

Lerach Coughlin Stoia Geller Rudman & Robbins LLP("Lerach Coughlin") (http://www.lerachlaw.com/cases/cskauto/) todayannounced that a class action has been commenced on behalf of aninstitutional investor in the United States District Court for theDistrict of Arizona on behalf of purchasers of CSK Auto Corporation("CSK Auto") (NYSE:CAO) common stock during the period betweenSeptember 2, 2004 and March 24, 2006 (the "Class Period").

If you wish to serve as lead plaintiff, you must move the Court nolater than 60 days from today. If you wish to discuss this action orhave any questions concerning this notice or your rights or interests,please contact plaintiff's counsel, William Lerach or Darren Robbinsof Lerach Coughlin at 800/449-4900 or 619/231-1058, or via e-mail atwsl@lerachlaw.com. If you are a member of this class, you can view acopy of the complaint as filed or join this class action online athttp://www.lerachlaw.com/cases/cskauto/. Any member of the purportedclass may move the Court to serve as lead plaintiff through counsel oftheir choice, or may choose to do nothing and remain an absent classmember.

The complaint charges CSK Auto and certain of its officers anddirectors with violations of the Securities Exchange Act of 1934. CSKAuto operates as a specialty retailer of automotive aftermarket partsand accessories in the United States.

The complaint alleges that during the Class Period, defendantsissued false statements about CSK Auto's earnings, assets and businessprospects causing the Company's stock to trade at artificiallyinflated levels. While the Company's stock was artificially inflateddue to defendants' false statements, certain officers and directorssold 75,106 shares of their CSK Auto stock for proceeds of $1.1million.

Then on March 27, 2006, before the market opened, the Companyissued a press release announcing that it would postpone the releaseof its fourth quarter and fiscal 2005 financial results. Thepostponement was necessary to provide adequate time for the Company toconduct a thorough review of certain accounting errors andirregularities discovered in the course of its ongoing assessment ofinternal control over financial reporting and an internal audit. Onthis news, CSK Auto stock dropped $1.26 to $14.64 per share, afterhitting a low of $14.40 per share.

According to the complaint, the true facts, which were concealedby defendants during the Class Period, were as follows: (a) CSK'sfinancial statements were unreliable and its internal controls wereinadequate; and (b) the Company's published financial statementsviolated Generally Accepted Accounting Principles.

Plaintiff seeks to recover damages on behalf of all purchasers ofCSK Auto common stock during the Class Period (the "Class"). Theplaintiff is represented by Lerach Coughlin, which has expertise inprosecuting investor class actions and extensive experience in actionsinvolving financial fraud.

Lerach Coughlin, a 180-lawyer firm with offices in San Diego, SanFrancisco, Los Angeles, New York, Boca Raton, Washington, D.C.,Houston, Philadelphia and Seattle, is active in major litigationspending in federal and state courts throughout the United States andhas taken a leading role in many important actions on behalf ofdefrauded investors, consumers, and companies, as well as victims ofhuman rights violations. Lerach Coughlin lawyers have been responsiblefor more than $20 billion in aggregate recoveries. The Lerach CoughlinWeb site (http://www.lerachlaw.com) has more information about thefirm.

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