2009-10-30 17:27:43 - Lawsuit on behalf of certain investors of Fleetwood Enterprises, Inc. (Public, OTC:FLTQE) – Contact the Shareholders Foundation, Inc at: mail@shareholdersfoundation.com

There is a deadline coming up on October 30, 2009 for the lawsuit on behalf of Fleetwood Enterprises, Inc. (NYSE:FLE) investors, who purchased their FLE shares between December 6, 2007 and March 10, 2009 alleging that certain of Fleetwood’s former executives of Fleetwood Enterprises, Inc violated Federal Securities Laws.

If you purchased common stock of Fleetwood Enterprises, Inc. (NYSE:FLE) between

December 6, 2007 and March 10, 2009, you have certain options and there are strict and short deadlines running. Deadline: October 30, 2009. Those FLE/FLTQE investors should contact the Shareholders Foundation, Inc at email: mail(at)shareholdersfoundation.com or at: +1 (858) 779 - 1554.

An investor in Fleetwood Enterprises, Inc. has filed a shareholder lawsuit in the United States District Court for the Central District of California on behalf of purchasers of the common stock of Fleetwood Enterprises, Inc. (NYSE:FLE) between December 6, 2007 and March 10, 2009, over alleged securities laws violations by certain Fleetwood’s former executives. According to the complaint the plaintiff alleges that certain of Fleetwood’s former executives violated the Securities Exchange Act of 1934 by issuing between December 6, 2007 and March 10, 2009 numerous positive statements regarding Fleetwood’s financial condition, business and prospects, that were materially false and misleading because defendants failed to disclose adverse facts. Fleetwood is not named as a defendant because it and its core operating subsidiaries filed for bankruptcy protection in March 2009. Then on March 10, 2009, Fleetwood issued a press release announcing that it had “filed voluntary Chapter 11 petitions for itself and certain operating subsidiaries in the U.S. Bankruptcy Court for the Central District of California.” Fleetwood Enterprises also announced that it was closing its travel trailer division. As a direct result of information disclosed in March 2009, the price of Fleetwood common stock fell precipitously, falling to $0.0103 per share on March 10, 2009, so the lawsuit. Fleetwood Enterprises, Inc., located in Riverside, California, is engaged in producing both recreational vehicles and manufactured housing. The Company also operates three supply companies that provide components for the recreational vehicle and housing operations, while also generating outside sales. Fleetwood Enterprises, Inc reported in 2006 (ending on April, 29, 2007) Total Revenue of $1.91935billion and in 2007 (ending on April 27, 2009) Total Revenue of $1.65998billion. Those who purchased common stock of Fleetwood Enterprises, Inc. (NYSE:FLE) between December 6, 2007 and March 10, 2009, have certain options and there are strict and short deadlines running. Deadline: October 30, 2009. Those FLE/FLTQE investors should contact the Shareholders Foundation.