Scott+Scott, LLP Files Securities Class Action Lawsuit Against FormFactor, Inc.
If you purchased FormFactor stock during the Class Periodand wish to serve as a lead plaintiff in the action, youmust move the Court no later than December 31, 2007. Anymember of the investor class may move the Court to serveas lead plaintiff through counsel of their choice, or maychoose to do nothing and remain an absent class member.If you wish to discuss this action or have questions concerningthis notice or your rights, please contact Scott+Scott (,800/404-7770, 860/537-5537) or visit the Scott+Scott website,, for more information. Thereis no cost or fee to you.
FormFactor, Inc. develops and markets advanced wafer probecards used by semiconductor manufacturers to electricallytest integrated circuits (``ICs''). The Company claims thatits wafer sort, burn-in and device performance testing productsare used by semiconductor manufacturers to cost-effectivelyperform IC testing upstream at the wafer level. The complaintalleges that, during the Class Period, defendants issuedfalse and misleading statements and financial reports thatviolated generally accepted accounting principles (``GAAP'').As a result, vital accounting and other information wasconcealed, including a true accounting for the Company'sobsolete inventory and serious production constraints. Itis also alleged that the production constraints would likelyplace a ceiling on the Company's future revenue opportunity,as a result of any inability to recoup costs and expensesor loss of customers.
On October 24, 2007, after the close of the markets, theCompany issued a shocking press release regarding its suddenplans to undertake an ``internal review of its inventoryvaluation practices.'' As a result of the shocking news,on October 25, 2007, the price of FormFactor stock plungedmore than 17.8% or $7.70 per share to close at $35.54 pershare on heavy volume of 8.3 million shares.
The plaintiff is represented by Scott+Scott, LLP, a lawfirmwith significant experience in prosecuting investor classactions. Please visit our website at for current information on the litigation of major securities,antitrust, employment and employee retirement plan actionsthroughout the United States. The firm represents pensionfunds, charities, foundations, individuals and other entitiesworldwide.
More information on this and other class actions can befound on the Class Action Newsline at
·Competitive Technologies Obtai
·ANADIGICS, Inc. (ANAD) Chief E
·Sandy Spring Bancorp Announces
·Northrop Grumman Opens Nationa
·Zix Corporation Announces Part
·Sweet Peanut to Develop Layett
·WCI Announces Results of Annua
·USA Truck Announces Lease Purc
·Nobel Biocare Opens First Proc
·Study Proves Rubber Granules i
·American Idols Live! Tour 2007
·Schatz Nobel Izard P.C. Announ
·Schatz Nobel Izard P.C. Announ
·Telvent Announces Second Quart
·New Saepio Solutions Group Spe
·Columbia Sportswear to Present
·Renasant Corporation to Presen
·Lantronix, Inc. Announces Appo
·MetroCorp Announces Stock Repu
·Orange County Order Reconfirms
·Unified Grocers Approved for M
·WSB Financial Receives NASDAQ
·The Korea Fund, Inc. Reports R
·PHA Commission Considers Port
·Xcerion Named Among the 25 Win
·Electro Energy Inc. CEO Michae
·Vaperma, Inc. President and CE
·UPDATE -- athenahealth to Pres
·UPDATE -- athenahealth to Pres
·Pride International, Inc. to H
·Emulex to Present at Credit Su
·Bank Hapoalim Group Financial
·YRC Worldwide, Inc. (CYRCW) Ch
·John W. Gandy, J. Louis Grant
·Peoples Bancorp Declares Cash
·Ingles Markets, Incorporated F
·Federal Home Loan Bank of Dall
·CenterState Banks of Florida,
