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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: ratan lal who wrote (5693)3/9/2001 3:48:15 PM
From: Stoctrash  Read Replies (2) of 6531
 
Law Firm Robert C. Susser, P.C. Announces Class Action Lawsuit On Behalf Of Broadcom Corporation Shareholders
NEW YORK--(BUSINESS WIRE)--March 9, 2001--Notice is hereby given that Robert C. Susser, P.C. commenced a Class Action lawsuit in the U.S. District Court for the Central District of California on behalf of a class (the ``Class'') consisting of all persons who purchased shares of Broadcom Corporation (``Broadcom'') (NASDAQ:BRCM-news) between July 31, 2000 and February 27, 2001, inclusive (the ``Class Period'').

The Complaint charges Broadcom and certain of its officers and directors with violations of federal securities laws. Among other things, plaintiff claims that defendants' material omissions and the dissemination of materially false and misleading statements regarding the nature of Broadcom's revenues and earnings caused Broadcom's stock price to become artificially inflated, inflicting enormous damages on investors.

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