Smith & Wesson Securities Plaintiffs Aim For Cert.

Law360, New York (October 13, 2009, 6:50 PM EDT) -- Plaintiffs alleging Smith & Wesson Holding Corp. painted an overly rosy 2008 earnings forecast set their sights on class certification Tuesday.

In a motion filed in the U.S. District Court for the District of Massachusetts, the Oklahoma Firefighters Pension and Retirement System, which was named lead plaintiff in the case in April 2008, said a class action would be the most efficient way for investors in the legendary firearms maker to seek damages for steep stock losses.

The pension fund also asked for class action plaintiffs...
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