BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that all persons or entities who purchased the common stock of IntraLinks Holdings, Inc. (aIntraLinksa or the aCompanya) (NYSE:IL) between February 17, 2011 and November 10, 2011, inclusive (the aClass Perioda), have until February 3, 2012 to move the Court to serve as Lead Plaintiff in the securities fraud class action lawsuit filed in the United States District Court for the Southern District of New York.
IntraLinks, together with its subsidiaries, provides software-as-a-service solutions for securely managing content, exchanging critical business information, and collaborating within and among organizations worldwide. The Complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, and names as defendants IntraLinks and certain of the Companyas executive officers. Plaintiff alleges that during the Class Period defendants made materially false and misleading statements concerning IntraLinksa business and prospects. Specifically, the Complaint alleges that defendants failed to disclose that the Company was experiencing a slowdown in its Enterprise business segment.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased IntraLinks common stock between February 17, 2011 and November 10, 2011, you have certain rights, and have until February 3, 2012, to move for lead plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].