CLASS ACTION LAW SUIT.
Class action suit by Millberg LLP.
04/07 13:04 Milberg Weiss Announces Class Action Against Conseco Inc.
Milberg Weiss Announces Class Action Against Conseco Inc.
NEW YORK--(BUSINESS WIRE)--April 7, 2000--
The following is an announcement by the law firm of Milberg Weiss Bershad Hynes & Lerach LLP:
Notice is hereby given that a class action lawsuit was filed on April 7, 2000, in the United
States District Court for the Southern District of Indiana, Indianapolis Division, on behalf of all
persons who purchased the stock of Conseco Inc. ("Conseco" or the "Company") (NYSE:
CNC) between April 28, 1999, and March 31, 2000, inclusive (the "Class Period").
If you wish to discuss this action or have any questions concerning this notice or your rights
or interests with respect to these matters, please contact, at Milberg Weiss Bershad Hynes &
Lerach ("Milberg Weiss"), Steven G. Schulman or Samuel H. Rudman at One Pennsylvania
Plaza, 49th Floor, New York, New York 10119-0165, by telephone 1-800-320-5081 or via
e-mail: endfraudmwbhlny.com or visit our website at www.milberg.com.
The complaint charges Conseco and certain of its officers and directors with violation of
Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated
thereunder. The complaint alleges that defendants issued a series of materially false and
misleading statements concerning its subsidiary Conseco Finance, which was formerly known
as Green Tree Financial Corporation ("Green Tree") and the value of Green Tree's portfolio of
interest-only securities.
Plaintiff seeks to recover damages on behalf of class members and is represented by the law
firms of Milberg Weiss and Cohn & Malad. Milberg Weiss maintains offices in New York City,
San Diego, Los Angeles, San Francisco and Boca Raton and is active in major litigations
pending in federal and state courts throughout the United States. Milberg Weiss has taken a
leading role in numerous important actions on behalf of defrauded investors, and is responsible
for a number of outstanding recoveries which, in the aggregate, total approximately $2 billion.
For more information about Milberg Weiss, please visit our website at www.milberg.com.
If you are a member of the class described above you may, not later than sixty days from April
7, 2000, 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.
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CONTACT: Milberg Weiss Bershad Hynes & Lerach LLP
Shareholder Relations Dept.
E-Mail: endfraudmwbhlny.com
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