Holzer Holzer & Fistel, LLC Announces That It Has Filed a Shareholder Class Action Against Perini Corp. (NYSE: PCR)

Holzer Holzer & Fistel, LLC announces that it has filed a shareholder class action lawsuit in the United States District Court for the District of Massachusetts on behalf of purchasers of Perini Corp. ("Perini" or the "Company") (NYSE: PCR) common stock during the period between November 2, 2006 and January 17, 2008 (the Class Period).

The complaint charges Perini and certain of its officers and directors with violations of the Securities Exchange Act of 1934. The complaint alleges Perini issued false and misleading public statements and disclosures concerning the Company's financial condition, including statements about the risks associated with its CityCenter Project in Las Vegas, Nevada, which caused the Company's stock to trade at artificially inflated prices.

Purchasers of Perini common stock during the Class Period have the legal right to petition the Court to be appointed a "lead plaintiff." A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Any such request must satisfy certain criteria and be made on or before October 20, 2008. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you are a Perini investor and would like to discuss a potential lead plaintiff appointment, or your rights and interests with respect to the lawsuit, you may contact Michael I. Fistel, Jr., Esq., or arshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm.