RE: Merril Lynch->Shapiro Haber & Urmy LLP, Court Appointed Lead Counsel, to Expand Securities Fraud Class Action Claims Against Merrill Lynch & Co., Inc. and Henry Blodget
BOSTON, April 10 /PRNewswire/ -- The Boston law firm, Shapiro Haber & Urmy LLP, which was appointed in November 2001 as Lead Counsel by the United States District Court for the Southern District of New York, and their co-counsel, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., announced that they are preparing to expand the claims against Merrill Lynch & Co., Inc. ("Merrill Lynch") (NYSE:MER) and Henry Blodget, in the securities fraud class action presently pending against them.
In July, 2001, a securities fraud class action was filed against Merrill Lynch and Henry Blodget, who was, until December 2001, Merrill Lynch's chief internet analyst. That action, entitled Conte v. Merrill Lynch & Co., Inc. and Henry Blodget, No. 01 CV 6881 (VM), was filed in the United States District Court for the Southern District of New York. The complaint alleges that Merrill Lynch and Blodget violated the federal securities laws because their analyst reports regarding internet companies, including their analyst reports regarding InfoSpace, Inc. (Nasdaq:INSP), were false and deceptive.
On November 5, 2001, the Court appointed Shapiro Haber & Urmy LLP as Lead Counsel to represent the class and the Court appointed Mr. Conte as Lead Plaintiff. On December 6, 2001, Lead Counsel filed an amended complaint which provided extensive, detailed support for the allegations that the Defendants' analyst reports regarding internet companies were false and deceptive.
Lead Counsel, Shapiro Haber & Urmy LLP, and their co-counsel, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., are preparing to file an amended complaint which would expand the pending securities fraud allegations against Merrill Lynch and Blodget in the Conte v. Merrill Lynch & Co., Inc. and Henry Blodget case.
If you purchased stock in one or more of the companies listed below, during the period from March 1999 through December 2001 and you would like to discuss the securities fraud claims which you may have against Merrill Lynch and Blodget due to their issuance of false and deceptive analyst reports concerning those companies, please contact us.
Aether Systems, Inc. (Nasdaq:AETH)
Amazon.com (Nasdaq:AMZN)
AOL (NYSE:AOL)
Barnesandnoble.com (Nasdaq:BNBN)
Bottomline Technologies (Nasdaq:EPAY)
Buy.com (Nasdaq:BUYX)
CMGI (Nasdaq:CMGI)
DoubleClick (Nasdaq:DCLK)
EarthWeb (Nasdaq:EWBX)
eBay (Nasdaq:EBAY)
eToys (Nasdaq:ETYS)
Excite@home (Nasdaq:ATHM)
Exodus Communications (Nasdaq:EXDS)
Freemarkets (Nasdaq:FMKT)
GoTo.com (Nasdaq:OVER)
Homestore.com (Nasdaq:HOMSE)
InfoSpace, Inc. (Nasdaq:INSP)
Inktomi (Nasdaq:INKT)
Interliant (Nasdaq:INIT)
Internet Capital Group (Nasdaq:ICGE)
iVillage (Nasdaq:IVIL)
iXL Enterprises (Nasdaq:IIXL)
Looksmart (Nasdaq:LOOK)
Lycos (Nasdaq:LCOS)
Multex (Nasdq: MLTX)
Mypoints.com (Nasdaq:MYPT)
Openwave Systems, Inc. (Nasdaq:OPWV)
Pets.com (Nasdaq:IPET)
Priceline.com (Nasdaq:PCLN)
Quokka Sports (Nasdaq:QKKA)
Safeguard Scientifics (NYSE:SFE)
Software.com (Nasdaq:SWCM)
Verticalnet, Inc. (Nasdaq:VERT)
Webvan (Nasdaq:WBVN)
Yahoo (Nasdaq:YHOO)
24/7 Media (Nasdaq:TFSM)
To obtain more information about the Conte action and your potential claims against Merrill Lynch and Blodget, please contact:
Lead Counsel for the Plaintiffs and the Class in the Conte action:
Shapiro Haber & Urmy LLP
Elizabeth Hutton, Paralegal
75 State Street
Boston, Massachusetts 02109
Telephone: (800) 287-8119 or (617) 439-3939
Fax: (617) 439-0134
e-mail: cases@shulaw.com
website: www.shulaw.com
Co-counsel for the Plaintiffs and the Class in the Conte action:
Cohen, Milstein, Hausfeld & Toll, P.L.L.C.
Katrina Jurgill, Paralegal or
Diana Steele, Paralegal
1100 New York Avenue, N.W.
West Tower, Suite 500
Washington, D.C., 20005
Telephone: (888) 240-0775 or (202) 408-4600
Fax: (202) 408-4699
email: kjurgill@cmht.com or dsteele@cmht.com
website: www.cmht.com
or
Cohen, Milstein, Hausfeld & Toll, P.L.L.C.
Clarence Williams, Paralegal
999 Third Avenue, Suite 3600
Seattle, WA 98104
Telephone: (888) 240-1238 or (206) 521-0080
Fax: (206) 521-0166
email: cwilliams@cmht.com
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SOURCE Shapiro Haber & Urmy LLP
CO: Shapiro Haber & Urmy LLP; Cohen, Milstein, Hausfeld & Toll, P.L.L.C; Merrill Lynch & Co., Inc.; InfoSpace, Inc
ST: Massachusetts
SU: LAW
prnewswire.com
04/10/2002 19:00 EDT |
