NEW YORK, March 15, 2013 (GLOBE NEWSWIRE) -- Pomerantz Grossman Hufford Dahlstrom & Gross LLP has filed a class action lawsuit against Poseidon Concepts Corp. ("Poseidon" or the "Company") (Pink Sheets:POOSF) and certain of its officers. The class action filed in United States District Court, Southern District of New York, and docketed under 13-CV-1412, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired securities of Poseidon between May 9, 2012 and February 14, 2013, both dates inclusive of (the "Class Period"). This class action seeks to recover damages against the Company and certain of its officers and directors as a result of alleged violations of the federal securities laws pursuant to Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders Of Poseidon Concepts Corp. Of Upcoming Deadline -- POOSF
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