January 19th 2010 is the deadline for investors in Northwest Pipe Company to ask the Court to appoint you as lead plaintiff for the class.

Pomerantz Haudek Grossman & Gross LLP filed a class action lawsuit in the United States District Court against the company and certain of its top officials. The class action was filed on behalf of purchasers of the securities of the company between April 23rd 2008 and November 11th 2009, both dates inclusive. The complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act and Rule 10b-5 promulgated there under.

The complaint alleges that throughout the Class Period defendants issued materially false and misleading statements regarding the Company's business and financial results. Specifically, the Complaint alleges the defendants overstated the company's revenues and earnings by failing to recognize revenues in accordance with Generally Accepted Accounting Principles. As a result of the challenged statements, Northwest Pipe common stock traded at artificially inflated prices throughout the Class Period.

On November 11th 2009, the company announced that it was delaying the filing of its Quarterly Report for the quarter ended September 30th 2009, pending the conclusion of an ongoing internal investigation of certain accounting matters. On November 12th 2009, the company's stock dropped USD 4.49 per share to close at USD 26.74, a one day decline of 14.37%.