A class action lawsuit has been filed in the United States District Court for the District of Connecticut on behalf of purchasers of the common stock Terex Corporation between February 20, 2008 and September 4, 2008 seeking to pursue remedies under the Securities Exchange Act of 1934 (the “Exchange Act”). The complaint charges Terex and certain of its officers and executives with violations of the Exchange Act. Terex operates as a diversified global manufacturer. The Company manufactures a range of equipment for use in various industries, including the construction, infrastructure, quarrying, surface mining, shipping, transportation, refining, and utility industries.

The complaint alleges that, throughout the Class Period, defendants failed to disclose material adverse facts about the Company’s true financial condition, business and prospects. Specifically, the complaint alleges that defendants failed to disclose: (i) that the Company failed to properly and timely account for impaired assets in its “Construction” and “Roadbuilding, Utility Products and Other” segments; (ii) that the Company was experiencing declining demand for its products in its Construction, Materials Processing and Aerial Work Platforms segments; and (iii) as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about the Company and its prospects.

On September 4, 2008, Terex announced that it was updating its “2008 full year guidance and providing quarterly guidance due to changing market conditions.” In response to these statements which revealed various adverse factors negatively impacting Terex’s business, the price of Terex stock fell $9.30 per share, or 20%, to close at $38.02 per share.

If you purchased shares during the class period of February 20, 2008 and September 4, 2008, please contact us.

Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.