Wolf Haldenstein Announces Class Action Against Cyber-Care,
NEW YORK--(BUSINESS WIRE)--May 31, 2000--Wolf Haldenstein Adler
Freeman & Herz LLP announces that it filed a securities class action
lawsuit in the United States District Court for the Southern District
of Florida on behalf of investors who bought Cyber-Care, Inc.
(NASDAQ:CYBR) ("Cyber-Care" or the "Company") stock between December
10, 1999 and May 19, 2000 (the "Class Period").
The lawsuit charges Cyber-Care and certain officers of the
Company, with violations of the securities laws and regulations of the
United States. The lawsuit alleges that defendants issued a series of
false and misleading statements during the Class Period concerning
demand for the Company's products and the level of sales of its
products. The complaint alleges that defendants' false and misleading
statements artificially inflated the price of the Company's stock
during the Class Period.
Plaintiff seeks to recover damages on behalf of all class members
and is represented by the law firm of Wolf Haldenstein Adler Freeman &
Herz LLP (www.whafh.com). The Wolf Haldenstein firm has a full service
commercial practice consisting of approximately 50 attorneys based in
New York City, New Jersey, Chicago and San Diego. The firm's
litigation department has been recognized by courts throughout the
country as highly experienced and skilled in complex litigation,
particularly with respect to federal securities laws, class actions
and shareholder litigation. The firm's qualifications have repeatedly
received very favorable judicial recognition. The firm has achieved
recoveries of $2 billion on behalf of investors and shareholders.
If you purchased or otherwise acquired Cyber-Care stock during the
Class Period, you have until July 18, 2000 to participate in the case
and ask the Court to appoint you as one of the lead plaintiffs for the
Class. In order to serve as lead plaintiff, you must meet certain
legal requirements. If you wish to discuss this action or have any
questions, please contact Wolf Haldenstein Adler Freeman & Herz LLP at
270 Madison Avenue, New York, New York 10016, by telephone at (800)
575-0735 (Michael Miske, George Peters, Gregory Nespole, Esq., Fred
Taylor Isquith, Esq. or Shane T. Rowley, Esq.), via e-mail at
classmember@whafh.com or visit our website at www.whafh.com
All e-mail correspondence should make reference to Cyber-Care.
--30--bk/ny*
CONTACT: Wolf Haldenstein Adler Freeman & Herz LLP, New York
Michael Miske, George Peters, Gregory Nespole, Esq.,
Fred Taylor Isquith, Esq. or Shane T. Rowley, Esq.
800/575-0735
(www.whafh.com)(classmember@whafh.com)
TICKERS: NASDAQ:CYBR
KEYWORD: NEW YORK
INDUSTRY KEYWORD: LEGAL/LAW CLASS ACTION LAWSUITS
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