Celestica
The law firm of Siskinds LLP is counsel in a class action commenced on July 30, 2007 seeking damages against Celestica Inc. and certain of its officers and directors. The claim is on behalf of all persons who acquired Celestica's securities in the period between January 27, 2005 and January 30, 2007 (the "class period") and who continued to hold some or all of those securities at the end of the class period.
On January 30, 2007, Celestica issued a press release disclosing that it had a net loss for 2006 of $150 million ($0.66 per share) compared to a loss of $46.8 million ($0.21 per share) in 2005. Those results were largely attributed by Celestica to issues arising at its Mexican operations. The price of Celestica's shares on both the TSX and the NYSE dropped sharply on these announcements. The action alleges that Celestica and certain of its officers and directors made misrepresentations, or failed to make timely disclosure to investors, resulting in damages to the plaintiff and other investors, which are claimed in the amount of $320 million.
If you purchased Celestica's shares during the class period, please complete the online information form. Your information will be held in strict confidence. By completing the form, you are not retaining Siskinds, nor do you incur any obligations in connection with this lawsuit. For further information concerning this action, please contact Nicole Young at 1 (800) 461-6166 ext. 2380 or e-mail Nicole by clicking on the Contact Us link below. Updates concerning this action will be posted above.
Back to Siskinds Actions

The documents available on this page require the latest version of Adobe Acrobat Reader for viewing.
Click Here to download.