10/30/2008 7:27 AM
Further to the recent blog entry in this space on October 26, 2008, entitled, “Cadence Update…”
, as well as to prior related blog entries, still another news item has appeared since:
On October 30, 2008 Dyer & Berens LLP
announced that a class action has been commenced in the United States District Court for the Northern District of California on behalf of all purchasers of Cadence Design Systems, Inc. common stock during the period between April 23, 2008 and October 22, 2008.
The case is entitled Hu v. Cadence Design Systems, Inc., Michael J. Fister, William Porter and Kevin S. Palatnik.
The complaint charges Cadence and certain of its current and former officers with violations of the Securities Exchange Act of 1934.