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.