2008-12-11 05:45:04 - A securities class action lawsuit has been filed on behalf of securities purchasers from April 22, 2008 through July 22, 2008 against VMWare, Inc. and certain of its officers

According to a law firm a securities class action has been filed on behalf of securities purchasers from April 22, 2008 through July 22, 2008 in the United States District Court for the Central District of California against VMWare, Inc. and certain of its officers.
If you purchased VMWare, Inc (NYSE VMW) stock from April 22, 2008 through July 22, 2008, you have certain options and there are strict and short deadlines running. (January 23, 2009). You should contact the Shareholders Foundation, Inc. immediately! Email: Mail(at)ShareholdersFoundation.com or call us today: +1-(858)-779-1554 According to the law firm the complaint alleges that as a direct result of the market learning of defendant's misrepresentations and omissions, the price of VMware Inc. shares declined and

plaintiff and the class suffered a loss on their investments in VMware Inc.. By misrepresenting VMware Inc. 's financial performance, defendants presented a misleading picture of its business and prospects. Thus, instead of truthfully disclosing April 22, 2008 through July 22, 2008 that VMware Inc. business was not as healthy as represented, defendants failed to disclose VMware Inc. actual financial position. The public revelations regarding the truth about VMware's business and financial performance, when disclosed to the market, caused the value of the VMware Inc.'s common stock to decline, thereby damaging plaintiff and the class,so the law firm.