Keller Rohrback L.L.P. Files Class Action Suit on Behalf of Westell Technologies Shareholders
SEATTLE--(BUSINESS WIRE)--Nov. 27, 2000--Seattle's Keller Rohrback L.L.P. (www.SeattleClassAction.com) represents shareholders who purchased the common stock of Westell Technologies (Nasdaq:WSTL) ("Westell" or the "Company") between June 27, 2000 and Oct. 18, 2000, inclusive (the "Class Period") in a securities fraud suit pursuant to Sections 10(b) and 20(a) of the Exchange Act of 1934, and Rule 10b-5 promulgated thereunder.
Plaintiff's complaint in civil action No. 00C 7019, filed in the United States District Court for the Northern District of Illinois, Eastern Division, has been assigned to the Honorable Judge Castillo and Magistrate Judge Schenkier. The complaint alleges claims against Westell and certain of its officers and directors: Marc Zionts, William J. Nelson, Bruce Albelda, Howard L. Kirby, Jr., Thomas A. Reynolds, and Nicholas Hindman. Shareholders who wish to be actively involved in this case can access additional information and the forms necessary to seek to serve as a lead plaintiff in this litigation under the "Join A Class Action" section of our web site at www.SeattleClassAction.com.
If you purchased Westell securities between June 27, 2000 and Oct. 18, 2000 inclusive, you may move the court to serve as a lead plaintiff no later than Dec. 26, 2000, if you so choose. In order to serve as a lead plaintiff, you must meet certain legal requirements. You are not required to serve as lead plaintiff, however, in order to preserve your rights as a class member.
If you wish to discuss this announcement, have information relevant to the investigation, or have questions on how to join as a class representative in any securities class action, you may contact Jennifer Tuato'o, Investor Relations Representative, or any member of our team (Attorneys Lynn Sarko, Juli Farris and Elizabeth Leland, and Paralegal Jen Veitengruber) toll free at 800/776-6044 or via e-mail at investor@kellerrohrback.com.
Keller Rohrback L.L.P. is a law-firm headquartered in Seattle that has successfully represented shareholders and consumers in class action cases for over a decade. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.
CONTACT:
Keller Rohrback L.L.P.
Jennifer Tuato'o, 800/776-6044
investor@kellerrohrback.com
www.SeattleClassAction.com
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BW0564 NOV 27,2000
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