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Bernstein Liebhard LLP Announces Filing of a Class Action against Travel Zoo, Inc.

  //science-technology.news-articles.net/content/2 .. ng-of-a-class-action-against-travel-zoo-inc.html
  Published in Science and Technology on Monday, August 15th 2011 at 13:36 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Bernstein Liebhard LLP today announced that a lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of a class (the aClassa) of investors who purchased Travelzoo Inc. (aTravelzooa or the aCompanya) (NASDAQ: TZOO) common stock between the period of April 21, 2011 through July 21, 2011 (the aClass Perioda).

The complaint alleges that during the Class Period, Travelzoo and certain of its officers issued a series of materially false and misleading statements regarding the Company's business and prospects. On July 21, 2011, defendants revealed that the Company was performing well below expectations, with revenues well below estimates, and expenses exceeding estimates. Upon this news, shares of Travelzoo stock plummeted more than 30 percent, from a closing price of $85.71 per share on July 20, 2011, to $56.00 the following day.

Plaintiffs seek to recover damages on behalf of all Class members who purchased or otherwise acquired shares of Travelzoo during the Class Period. If you purchased or otherwise acquired Travelzoo shares during the Class Period, and either lost money on the transaction or still hold the shares, you may wish to join in this action to serve as lead plaintiff. In order to do so, you must meet certain requirements set forth in the applicable law and file appropriate papers no later than October 11, 2011.

A alead plaintiffa is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the court must determine that the class membera™s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as lead plaintiff. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Bernstein Liebhard LLP, or other counsel of your choice, to serve as your counsel in this action.

If you are interested in discussing your rights as a Travelzoo shareholder and/or have information relating to the matter, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or [ seidman@bernlieb.com ].

Bernstein Liebhard has pursued hundreds of securities, [ consumer ] and shareholder rights cases and recovered almost $3 billion for its clients. It has been named to The National Law Journala™s aPlaintiffsa™ Hot Lista in each of the last eight years.

You can obtain a copy of the complaint from the clerk of the court for the United States District Court for the Southern District of New York.

Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
[ www.bernlieb.com ]

ATTORNEY ADVERTISING. © 2011 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Mary U. Hoover. Prior results do not guarantee or predict a similar outcome with respect to any future matter.