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Non-Tech : American Banknote Holographics, Inc.(ABH)

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To: Russ Motter who wrote (4)1/20/1999 3:49:00 PM
From: Justice Reed  Read Replies (1) of 51
 
Purchasers 7/14/98 - 1/15/99

On January 19, 1999, American Bank Note Holographics, Inc. revealed that its entire reported financial history as a public company (the second and third quarters of 1998) had been materially overstated due to "inappropriate revenue recognition" and that these quarters would be restated. Upon receipt of news of the restatement, American Bank Note Holographics' stock fell from its January 19, 1999 close of $15.125 to a January 20, 1999 close of $4.625, losing 69.4% of its value in a single day's trading.

If you purchased ABH shares during the period 7/14/98 - 1/15/99, you may be a member of a class of injured shareholders. If you have information which would help us prosecute American Bank Note Holographics, Inc., please contact us at mail@schubert-reed.com. If you want more information about American Bank Note Holographics, Inc. or class action lawsuits, please review our web site at schubert-reed.com.
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