CORRECTING and REPLACING Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Against Perini Corp.
Friday, August 22, 2008 6:22 PM
Symbols: PCR

Fourth paragraph, subsection (a) of release dated August 20, 2008 should read: (a) that the developer of Perini's Las Vegas, Nevada projects, including the Cosmopolitan Resort & Casino Project, was experiencing financial problems because it failed to secure financing for the entire project and was dependent upon raising the remainder of the financing from the expected sale of residential units. (sted (a) that the developer of Perini’s Las Vegas, Nevada projects, including the CityCenter Project, was experiencing financial problems because it failed to secure financing for the entire project and was dependent upon raising the remainder of the financing from the expected sale of residential units.)

The corrected release reads:

COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP FILES CLASS ACTION SUIT AGAINST PERINI CORP.

Coughlin Stoia Geller Rudman & Robbins LLP (“Coughlin Stoia”) (http://www.csgrr.com/cases/perini/) today announced that a class action has been commenced in the United States District Court for the District of Massachusetts on behalf of purchasers of Perini Corp. (“Perini” or the “Company”) (NYSE:PCR) common stock during the period between November 2, 2006 and January 17, 2008 (the “Class Period”).

If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Samuel H. Rudman or David A. Rosenfeld of Coughlin Stoia at 800/449-4900 or 619/231-1058, or via e-mail at djr@csgrr.com. If you are a member of this class, you can view a copy of the complaint as filed or join this class action online at http://www.csgrr.com/cases/perini/. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

The complaint charges Perini and certain of its officers and directors with violations of the Securities Exchange Act of 1934.


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