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Microcap & Penny Stocks : INSP Investors Research
INSP 139.89+3.8%Dec 4 3:59 PM EST

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To: howsmydrivingal who wrote (29)8/25/2001 2:03:36 PM
From: howsmydrivingal  Read Replies (1) of 787
 
Shareholders, PeopleSoft Settle Suit


Updated: Fri, Aug 24 7:40 PM EDT

Current quotes (delayed 20 min.)


PSFT 37.1500 +1.9500 (5.54%)




SAN FRANCISCO (AP) - A federal judge approved a $15 million settlement Friday between PeopleSoft Inc. and shareholders.

Shareholders were seeking millions from the Pleasanton, Calif.-based business that makes software to assist businesses automate their operations. They accused the firm of making false and misleading statements regarding its products, sales and growth prospects.

The class includes investors who acquired PeopleSoft common stock or call options from May 27, 1998, through Jan. 28, 1999.
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