Tuesday September 2 12:39 PM EDT
Company Press Release
Source: Abbey, Gardy & Squitieri, LLP
The Law Firm of Abbey, Gardy & Squitieri, LLP Announces Notice of Pendency of Class Action Against Einstein/Noah Bagel Corp.
NEW YORK, Sept. 2 /PRNewswire/ -- The following statement was issued today by the law firm of Abbey, Gardy & Squitieri, LLP:
You are hereby notified that a Class Action has been commenced in the United States District Court for the District of Colorado on behalf of all purchasers of Einstein/Noah Bagel Corp. (Nasdaq:ENBX) common stock between August 2, 1996 and July 14, 1997, inclusive.
The Complaint charges Einstein/Noah and certain of its officers and directors with violations of federal securities laws. Among other things, plaintiff claims that defendants issued a series of materially false and misleading statements regarding Einstein/Noah's financial condition and results of operations that artificially inflated the price of Einstein/Noah securities.
Plaintiff seeks to recover damages on behalf of himself and all other purchasers of Einstein/Noah common stock during the class period, excluding the defendants and their affiliates. Plaintiff is represented by Abbey, Gardy & Squitieri, LLP and Schiffrin & Craig, Ltd., law firms with extensive experience in prosecuting class actions, and significant expertise in actions involving corporate fraud. Visit the Abbey, Gardy & Squitieri, LLP website at a-g-s.com .
If you are a member of the class described above, you may, not later than 60 days from July 25, 1997, move the court to serve as lead plaintiff of the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish to discuss this action, or have any questions concerning this notice or your rights or interests, please contact:
Stephen T. Rodd, srodd@a-g-s.com James S. Notis, jnotis@a-g-s.com Abbey, Gardy & Squitieri, LLP 800-889-3701 or 212-889-3700 http://www.a-g-s.com
or
Andrew L. Barroway
Schiffrin & Craig, Ltd.
610-667-7706
SOURCE: Abbey, Gardy & Squitieri, LLP |
