SHU Shurgard Storage Ctr

Goldman Scarlato & Karon, P.C. Reminds Investors That the Lead Plaintiff Deadline for the Class Action Lawsuit Against Shurgard Storage Centers, Inc. is Rapidly Approaching PHILADELPHIA, March 4 /PRNewswire/ -- Goldman Scarlato & Karon, P.C. reminds investors that the deadline for purchasers of the common stock of Shurgard Storage Centers, Inc. ("Shurgard" or the "Company") (NYSE:SHU) to move for lead plaintiff in the securities fraud class action is rapidly approaching. The lawsuit was filed against Shurgard, Charles K. Barbo and Harrell L. Beck ("Defendants") in the United States District Court for the Western District of Washington. If you purchased or otherwise acquired publicly traded securities of Shurgard between May 9, 2001 and March 26, 2004, inclusive, (the "Class Period") and wish to be a lead plaintiff in the case you must make a motion with the court to serve as a lead plaintiff by March 21, 2005. A lead plaintiff is an individual or group of investors that represent the class and act on behalf of the class in directing and monitoring the litigation. The lead plaintiff is appointed by the court. There are several factors used by the court to evaluate whether or not the lead plaintiff applicant is adequate to serve the class. One such factor is the amount of financial losses sustained by the lead plaintiff applicant. If you are a member of this class and wish to view a copy of a complaint and join this class action, please e-mail us at and request a copy of the complaint and a plaintiff certification. The Complaint alleges that Shurgard violated the federal securities laws by issuing misleading public statements. In March 2004, Shurgard announced that it was restating its financial results after a re-audit of its financial statements for the years ended December 31, 2001 and 2002 and for the first three quarters of 2003. Shurgard indicated that its new auditors, PricewaterhouseCoopers, had identified accounting errors impacting prior periods which had to be restated. If you bought Shurgard securities between May 9, 2001 and March 26, 2004, inclusive, you may qualify to serve as Lead Plaintiff. If you would like to consider serving as lead plaintiff or have any questions about the lawsuit, please contact us by email at or by calling one our representatives at (888) 753-2796. DATASOURCE: Goldman Scarlato & Karon, P.C. CONTACT: Goldman Scarlato & Karon, P.C., +1-888-753-2796,

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