SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks Message Board

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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: telephonics who wrote (12428)	11/26/1997 9:30:00 AM
From: telephonics	Read Replies (1) of 13351

While doing some web searching yesteday I found a web site called "Securities Class Action Clearing House. Want an educcation on class action suits-read the material hereon. But it also had a complete file on the SEXI Class action law suit for you to read. (Quite long) The following statistics also were presented Federal LitigationBox Score 22 Dec95 to 23 Nov 97 Companies Sued in Federal Court 244 Federal Complaints on line 152 Most Frequently sued industry High Tech Most active district courts N.D. and Cal. Percentage alleging accounting fraud 59% Percentage alleging insider sales during class period 55% Class action suits can also be filed in state courts when the company involved does business only within that state.

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