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Cohen Milstein Sellers & Toll PLLC Files Class Action Lawsuit Against Britannia Bulk Holdings, Inc.

Publication: Business Wire
Publication Date: 18-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WASHINGTON -- The law firm Cohen Milstein Sellers & Toll PLLC ("Cohen Milstein") has filed a lawsuit in the United States District Court for the Southern District of New York on behalf of its client and on behalf of purchasers of Britannia Bulk Holdings, Inc.'s (NYSE: DWT) common stock acquired pursuant and/or traceable to the Registration Statement and Prospectus issued in connection with Britannia's Initial Public Offering completed on or about June 17, 2007 ("IPO").

The complaint charges the defendants with violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 (the "Securities Act"). Britannia, together with its subsidiaries, provides drybulk shipping and maritime logistics services in the Baltic region.

The complaint alleges that the...

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