SRKW APPOINTED AS LEAD COUNSEL IN BLUE COAT SECURITIES CLASS ACTION

The District Court for the Northern District of California recently appointed SRKW to serve as Lead Counsel in the securities class action, styled Scanlon v. Blue Coat Systems, Inc.. The lawsuit alleges that Blue Coat materially misrepresented its financial prospects and the demand for its products, particularly in Europe, despite awareness of growing competition and deteriorating economic conditions.