Barrack, Rodos & Bacine Announces Class Periods for Class Action Complaints
Tuesday December 1, 6:36 pm Eastern Time
Company Press Release
SOURCE: Barrack, Rodos & Bacine
PHILADELPHIA, Dec. 1 /PRNewswire/ -- THE FOLLOWING WAS RELEASED
TODAY BY BARRACK, RODOS & BACINE. NOTICE TO PURCHASERS OF THE
FOLLOWING SECURITIES FOR THE FOLLOWING CLASS PERIODS:
COMPANY EXCHANGE: SYMBOL CLASS PERIOD
BankAmerica Corporation NYSE: BAC and NB 8/4/98-10/13/98
Boston Scientific Corp. NYSE: BSX 4/28/98-11/3/98
Criimi Mae NYSE: CMM 2/20/98-10/5/98
FirstPlus Financial NYSE: FP 8/19/96-11/2/98
K-Tel Nasdaq: KTEL 10/27/98-11/17/98
Rexall Sundown, Inc. Nasdaq: RXSD 3/19/98-11/5/98
Southern Pacific Funding NYSE: SFC 1/29/98-9/30/98
(now OTC Bulletin Board: SFCFQ)
USN Communications Nasdaq: USNC 2/4/98-11/3/98
Zapata Corp. NYSE: ZAP 7/6/98-10/15/98
You should be aware that class action complaints involving the securities of the above companies were filed on
behalf of investors by the law firm of Barrack, Rodos & Bacine, often in cooperation with other major
experienced securities firms.
Barrack, Rodos & Bacine has extensive experience in prosecuting investor class actions. Barrack, Rodos &
Bacine has prosecuted securities, anti-trust and consumer class actions for over 20 years from offices in
Philadelphia, San Diego, New York, Boston and New Jersey, and has been designated lead counsel by federal
and state courts across the country in large, complex cases. One Court has described the firm as ''recognized
nationally to be a leading and skillful practitioner in the field of complex class actions.'' For more information
about Barrack, Rodos & Bacine, please visit their website at www.barrack.com.
If you wish to discuss these cases or have any questions concerning your rights or interests, please contact
Maxine S. Goldman, Shareholder Relations Manager at BARRACK, RODOS & BACINE, 3300 Two Commerce
Square, 2001 Market Street, Philadelphia, PA 19103, at 800-417-7305 or 215-963-0600, fax number
888-417-7306 or 215-963-0838 or by e-mail at msgoldman@barrack.com.
SOURCE: Barrack, Rodos & Bacine
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Tuesday December 1, 6:07 pm Eastern Time
Company Press Release
SOURCE: Barrack, Rodos & Bacine
Shareholder Files Suit Against K-Tel (KTEL), and Certain Of Its
Officers and Directors Alleging Securities Fraud
PHILADELPHIA, Dec. 1 /PRNewswire/ -- Counsel for Class Plaintiff, Barrack, Rodos & Bacine, today issued the following:
A class action has been commenced in the United States District Court for the District of Minnesota on behalf
of all persons who purchased the securities of K-Tel International, Inc. (Nasdaq: KTEL - news; ''K-Tel'' or
the ''Company'') between October 27, 1998 and November 17, 1998, inclusive (the ''Class Period'').
The complaint charges K-Tel and certain of its officers and directors with violations of the Securities
Exchange Act of 1934. The complaint charges that defendants made a number of positive announcements about
the Company's efforts to market music over the Internet while concealing from investors the fact that the
Nasdaq had previously advised the Company by letter that it was not in compliance with the Nasdaq's
''minimum tangible net asset requirement for listing'' on that exchange. As a result, K-Tel's securities traded
at artificially high prices reaching nearly $40 per share during the Class Period. when the news of the Nasdaq
letter was made public on November 17, 1998, the price of K-Tel's common stock plummeted to less than $10
per share in two trading days.
The plaintiff seeks to recover damages on behalf of all purchasers of K-Tel securities during the Class Period.
He is represented by the law firm of Barrack, Rodos & Bacine, which has extensive experience in prosecuting
investor class actions involving financial fraud. Barrack, Rodos & Bacine has prosecuted securities, antitrust
and consumer class actions for over 20 years. The firm has offices in Philadelphia, San Diego, New York,
Boston and New Jersey and has been designated lead counsel by federal and state courts across the country in
large, complex cases. For more information about Barrack, Rodos & Bacine, please visit their website at
www.barrack.com.
If you are a member of the Class described above, you may, no later than January 18, 1999, move the Court to
serve as lead plaintiff of the Class, if you so choose. In order to serve as lead plaintiff, however, you must
meet certain legal requirements. If you wish to discuss this action or have any questions concerning this case or
your rights or interests, please contact Maxine S. Goldman, Shareholder Relations Manager, at Barrack, Rodos
& Bacine, 3300 Two Commerce Square, 2001 Market Street, Philadelphia, PA 19103, at 800-417-7305 or
215-963-0600, fax number 888-417-7306 or 215-963-0838, or by e-mail at msgoldman@barrack.com.
SOURCE: Barrack, Rodos & Bacine
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