| Limelight Networks, Inc. |
A class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of a class of all persons who purchased or acquired securities of Limelight Networks, Inc. between June 8, 2007 and August 8, 2007. The Complaint alleges that defendants, including the Companys top executives and the co-lead underwriters of its IPO, negligently violated the federal securities laws by issuing a Prospectus in connection with its June 8, 2007 initial public offering that was materially misleading regarding adverse business events that were affecting the Company, including: (a) that revenues were suffering due to greater reliance on television-related sales, which are seasonal; and (b) that Limelight Networks was being forced to resort to deep discounting its services in order to attract and maintain customers for its premier services because of those customers resistance to paying adequate prices, a development that will impact the CompanysJune 30, 2007 quarter, and will continue to adversely impact the Company going forward. When the truth about these matters was revealed, Limelight Networks shares dropped substantially. If you would like to join the Limelight class action as a plaintiff. please click on the link to the right and complete an online certification or you can print the form and fax it to us. |
| For more Information | |
 Case Summary
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Press Release
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 Read the Complaint
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