YET ANOTHER CLASS ACTION LAWSUIT AGAINST US!!!! THE REAL TCLN IS PISSED!
MATT
Common Stock of Techniclone International Corp. vs. Jeffrey S. Mitchell
TUSTIN, Calif.--(Business Wire)----April 1, 1997 Wechsler Harwood Halebian & Feffer LLP commenced a class action entitled, Techniclone International Corp v. Jeffrey S. Mitchell., et al., Civil Action No. 97-CIV-2298, on April 1, 1997 in the United States District Court for the Southern District of California, pursuant to the federal securities laws, to recover damages on behalf of purchasers of Techniclone International Corp. common stock during the period from 9:30 AM to 4:00 PM Eastern on April 1, 1997, inclusive called (the "Class Period").
The complaint alleges that Jeffrey S. Mitchell. (A regular poster on the Silicon Investor, a highly reputable and influential internet message board used to manipulate and gather information on stocks) and certain other posters on the thread, namely J. Stone, Richard Ogier, Big Brother, Mark Nass, lee cooper, Scott Kalb, NASDBULL, Patrick Slevin, Joe Barker and several others, violated Sections 10(b) and 20 of the Securities Exchange Act of 1934, as amended, by, among other things, materially overstating Techniclone International Corp's. actual stock activity causing several abnormalities to the company's stock price. On April 1st, 1997, Jeffrey S. Mitchell started a thread as a April Fool's Joke causing a ripple effect in the trading market of Techniclone International Corp. causing severe damage to the reputation and trading pattern of the TCLN stock.
If you purchased Techniclone's common stock on the day of April 1, 1997, you may be a member of the proposed Class. If you purchased such stock during that period, you may move the Court within 60 days of April 1, 1997 to serve as lead plaintiff for Techniclone's stockholders. To serve as lead plaintiff, you must meet certain legal standards.
Attorneys at plaintiff's law firm in this action, Wechsler Harwood Halebian & Feffer LLP, have successfully litigated securities actions for decades before many state courts, federal district courts, most of the United States Circuit Courts of Appeals, and the United States Supreme Court. In addition, members of the firm have extensive experience in many commercial areas of the law, including securities, corporate, complex business transactions, as well as various aspects of consumer protection.
If you have any questions about this Notice or the Action, or your rights, please contact John Halebian, Robert I. Harwood, or Matthew M. Houston at the office of Wechsler Harwood Halebian & Feffer LLP, 805 Third Avenue, Tustin, California 10022 (Telephone No. 212-935-7400).
CONTACT: Wechsler Harwood Halebian & Feffer LLP John Halebian Robert I. Harwood Matthew M. Houston 212/935-7400 |