Law Offices of Brian M. Felgoise, P.C. has filed a class action lawsuit in the United States District Court for the Central District of California on behalf of shareholders who acquired Powerwave Technologies, Inc. securities between May 2, 2005 through October 9, 2006.
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A class action lawsuit has been filed in the United States District Court for the Central District of California against Powerwave Technologies, Inc, alleging violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price.
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