BALTIMORE, MD -- (Marketwire) -- 08/08/08 -- Brower Piven, A Professional Corporation
announces that a class action lawsuit has been commenced in the United
States District Court for the Southern District of Indiana on behalf of
purchasers of the common stock of Zimmer Holdings, Inc. ("Zimmer" or the
"Company") (NYSE: ZMH) during the period between January 29, 2008 and July
22, 2008, inclusive (the "Class Period").
The complaint charges Zimmer Holdings, Inc. and certain of its officers and
directors with violations under the Securities Exchange Act of 1934. No
class has yet been certified in the above action. Members of the Class
will be represented by the lead plaintiff and counsel chosen by the lead
plaintiff. If you wish to choose counsel to represent you and the Class,
you must apply to be appointed lead plaintiff no later than October 6, 2008
and be selected by the Court. The lead plaintiff will direct the
litigation and participate in important decisions including whether to
accept a settlement and how much of a settlement to accept for the Class in
the action. The lead plaintiff will be selected from among applicants
claiming the largest loss from investment in the Company during the Class
Period. You may contact Brower Piven (through hoffman@browerpiven.com or
410/332-0030) to answer any questions you may have in that regard.
Zimmer designs, develops, manufactures and markets reconstructive
orthopedic implants, including joint, dental and spinal implants, trauma
products and related orthopedic surgical products. The complaint alleges
that during the Class Period defendants' materially false and misleading
statements caused Zimmer's common stock to trade at artificially inflated
prices and that, when the Company disclosed problems with its facilities
and problems with a hip replacement product, the price of Zimmer stock
declined.
If you have suffered a net loss for all transactions in Zimmer common stock
during the Class Period, you may obtain additional information about this
lawsuit and your ability to become a lead plaintiff by contacting Brower
Piven at www.browerpiven.com, by email at hoffman@browerpiven.com, by
calling 410-332-0030, or at Brower Piven, A Professional Corporation, The
World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore,
Maryland 21202. Attorneys at Brower Piven have combined experience
litigating securities and class action cases of over 40 years. If you
choose to retain counsel, you may retain Brower Piven without financial
obligation or cost to you, or you may retain other counsel of your choice.
You need not take any action at this time to be a member of the class.
CONTACT:
Charles J. Piven
Brower Piven, A Professional Corporation
Baltimore, Maryland
410/332-0030
Email Contact