DENVER, Aug. 27, 2010 (GLOBE NEWSWIRE) -- Dyer & Berens LLP () today reminded investors of the upcoming lead plaintiff deadline in the class action lawsuit that it filed in the United States District Court for the Northern District of California on behalf of investors who purchased XenoPort, Inc. ("XenoPort" or the "Company") (Nasdaq:XNPT) common stock between May 5, 2009 and February 17, 2010, inclusive (the "Class Period").
If you purchased XenoPort shares during the Class Period and wish to serve as a lead plaintiff, you must seek such an appointment with the court no later than September 27, 2010. A "lead plaintiff" directs the litigation and participates in important decisions including whether to accept a settlement and how much of a settlement to accept for the class in the action. The lead plaintiff here will be selected from among applicants claiming the largest loss from investment in the Company during the Class Period. You are not required to have sold your shares to seek damages or to serve as a lead plaintiff. 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.
If you wish to discuss this action, the lead plaintiff process, or have any questions concerning this notice or your rights or interests in the litigation, please contact plaintiff's counsel, Jeffrey A. Berens, Esq., at (888) 300-3362 x302, (303) 861-1764, or via email at email@example.com.
The plaintiff is represented by Dyer & Berens LLP, which has significant expertise in prosecuting investor class actions. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. For more information about the firm, please go to .
CONTACT: Dyer & Berens LLP Jeffrey A. Berens (888) 300-3362 x302 (303) 861-1764 firstname.lastname@example.org 303 East 17th Avenue, Suite 300 Denver, CO 80203