On June 11, 2008, a class action lawsuitwas filed in the United States District Court for the Central District ofCalifornia against IndyMac Bancorp, Inc. (NYSE: IMB). The complaintalleges violations of federal securities laws, Sections 10(b) and 20(a) ofthe Securities Exchange Act of 1934 and Rule 10b-5, including allegationsof issuing a series of material misrepresentations to the market which hadthe effect of artificially inflating the market price. The class period isfrom August 16, 2007 through May 12, 2008.
Plaintiff seeks to recover damages on behalf of the Class. If you are amember of the Class as described above, you may move the Court no laterthan Monday, August 11, 2008, to serve as a lead plaintiff for the Class.However, in order to do so, you must meet certain legal requirementspursuant to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this or any otherlawsuit, or have any questions or concerns regarding this notice, orpreservation of your rights, please contact:
William B. Federman
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: wfederman@aol.com
www.federmanlaw.com
