SFMS Announces Final Approval Of Settlement In FARO Technologies Securities Litigation

October 7th, 2008

Shepherd, Finkelman, Miller & Shah, LLP ("SFMS") announces that, on October 3, 2008, the United States District Court for the Middle District of Florida, the Honorable Anne C. Conway presiding, entered an Order granting final approval of a settlement in a securities class action, which was filed on behalf of Lead Plaintiff, Kornitzer Capital Management, Inc. The Class consists of all persons who purchased or otherwise acquired the common stock and/or other publicly-traded securities of FARO Technologies, Inc. during the period April 15, 2004 through and including March 15, 2006 ("Class"). Pursuant to the settlement, Class members are entitled to a pro-rata share of the cash settlement based upon the number of eligible shares of common stock and/or other publicly-traded securities that a Class member purchased or otherwise acquired and the timing of the purchases and any sales.

SFMS also reminds Class members that the deadline to submit any claims is October 30, 2008.

SFMS congratulates James E. Miller, Patrick A. Klingman and Scott R. Shepherd for their excellent work in this matter.

For a copy of the Court's Order Approving the Settlement, please click here.

If you have questions concerning the settlement, please contact James E. Miller at 1-866-540-5505 or email [email protected].