BUNZ -- Schlotzsky's, Inc. Message Board

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Non-Tech : BUNZ -- Schlotzsky's, Inc.

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To: Brian Gross who wrote (1)	10/1/1998 3:17:00 AM
From: Justice Reed	Read Replies (1) of 121

Purchasers 4/29/97-4/5/98 Schlotzsky's Inc. BUNZ 4/29/97 - 4/5/98 On April 6, 1998, Schlotzsky's announced that due to accounting improprieties it would restate fiscal 1997 results: earnings per share were restated down to $0.71 per share from $0.82 per share, previously announced on February 27, 1998. Schlotzsky's common stock dropped from $20.50 to $15.00, losing 27% of its value in a single day. During the period, insiders sold $13.9 million of their own Schlotzsky's shares at inflated values (and Schlotzsky's sold $26 million of additional stock in the marketplace). The stock price has continued to decline. If you purchased BUNZ shares during the period 4/29/97 - 4/5/98, you are a member of a class of injured shareholders. If you have information which would help us prosecute Schlotzsky's Inc., please contact us at mail@schubert-reed.com. If you want more information about BUNZ or class action lawsuits, please review our web site at schubert-reed.com.

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