Dear Readers of ProSales:

We erred, and we are sorry!

The editors of ProSales made a reporting error by mischaracterizing a claim in the headline of a story that appeared in the June 11 ProSales digital newsletter, which reported about the class action lawsuit being brought against Ply Gem Industries in conjunction with its IPO. The story, which was based on a June 4 PR Newswire online article, carried a headline that incorrectly used the word “fraud” to describe the allegations in the lawsuit.  The complaint does not allege that Ply Gem intentionally committed intentional or reckless misconduct or that individual defendants acted with fraudulent intent

We sincerely apologize for the mistake and regret any problems our error has caused Ply Gem and its associates.

Peter Goldstone
Hanley Wood