Gilman and Pastor Files Suit Against K-Tel International Inc. and
Certain of its Officers and Directors Alleging Securities Fraud
Wednesday November 25, 4:03 pm Eastern Time
Company Press Release
SOURCE: Gilman and Pastor, LLP
BOSTON, Nov. 25 /PRNewswire/ -- The following is being issued by the law firm of Gilman and Pastor, LLP on
behalf of persons who purchased K-TEL INTERNATIONAL INC. (''KTEL'') stock between October 23,
1998 and November 17, 1998 (the ''Class Period''):
You are hereby notified that a class action has been commenced in the United States District Court for the
District of Minnesota on behalf of all purchasers of KTEL stock during the Class Period, which asserts claims
under the federal securities laws.
The complaint alleges that defendants violated the Exchange Act of 1934 by misrepresenting KTEL's capital
resources and the status of the listing of its securities with the NASDAQ National Market System.
If you purchased shares of KTEL stock during the Class Period, you may, but not later than 60 days from
November 23, 1998, move the Court to serve as lead plaintiff of the Class, if you so choose. To serve as lead
plaintiff, however, you must meet certain legal requirements. If you have any questions regarding this Notice,
the lawsuit, or your rights and interests, please contact Peter A. Lagorio or Daniel D'Angelo of Gilman and
Pastor, at One Boston Place, Boston, Massachusetts 02108, by telephone 617-589-3750, by facsimile
617-589-3749, or by e-mail at pl@gilmanpastor.com.
Gilman and Pastor, LLP has extensive experience in prosecuting securities, consumer protection and other class
action litigation, and has successfully represented many defrauded investors and consumers. Visit the firm's
website at www.gilmanpastor.com
SOURCE: Gilman and Pastor, LLP
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