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Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against GT Solar International, Inc. (NASDAQ: SOLR)

Aug 1, 2008 - 5:36:02 PM

News Source MARKET WIRE

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OKLAHOMA CITY, OK -- (MARKET WIRE) -- 08/01/08 -- On August 1, 2008, a class action lawsuitwas filed in the United States District Court for the District of NewHampshire against GT Solar International, Inc. (NASDAQ: SOLR). Thecomplaint alleges violations of federal securities laws, Sections 10(b) and20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, includingallegations of issuing a series of material misrepresentations to themarket which had the effect of artificially inflating the market price.This lawsuit was filed on behalf of those purchasers of GT SolarInternational, Inc. common stock in connection with the RegistrationStatement and Prospectus issued by the Company in connection with its July23, 2008 Initial Public Offer ("IPO").

Plaintiff seeks to recover damages on behalf of the Class. If you are amember of the Class as described above, you may move the Court no laterthan Tuesday, September 30, 2008, to serve as a lead plaintiff for theClass. However, in order to do so, you must meet certain legalrequirements pursuant to the Private Securities Litigation Reform Act of1995.

If you wish to discuss this action, participate in this or any otherlawsuit, or have any questions or concerns regarding this notice, orpreservation of your rights, please contact:

William B. Federman
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: wfederman@aol.com
www.federmanlaw.com



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