On October 25, 2010 Siskinds LLP filed a proposed securities class action against easyhome Ltd. (TSX: EH). Also named as defendants are certain of easyhome’s current and former officers and directors, including David Ingram, Steve Goertz and Chris Fregren.

The class action arises from easyhome’s disclosure of irregularities in one of its operating divisions. The plaintiff, who is seeking $15 million in damages, alleges among other things that easyhome misrepresented that its financial statements had been compiled in accordance with Canadian generally accepted accounting principles.

The class action is brought on behalf of all persons and entities who acquired securities of easyhome during the period from April 8, 2008 to October 15, 2010.

If you purchased easyhome securities 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.
 

Persons who believe that they may be members of the proposed class are encouraged to contact Siskinds LLP for further information. Inquiries should be directed to Nicole Young at (800) 461-6166 (ext. 2380) or e-mail Ms. Young by clicking on the Contact Us link below.