To: StandFast who wrote (38211 ) 6/17/1999 8:44:00 AM From: Lucky Charm Read Replies (3) | Respond to of 43774
You know... I still can't find PABN on this list... here.. you guys look too... am I missing something?Listed below is summary information (name of company, court, filing date, class period, and plaintiff's law firm) for recent securities class action fraud court filings. A description of the allegations is presented only the first time a certain company is sued. Please note that the sources we use to gather this information may not list all law firms for a given case filing. For further information, kindly visit the Stanford Securities Class Action Clearinghouse at:securities.stanford.edu ------------------------------------ COMPANY LIST: The following are the companies represented in today's list of filings Adams Golf Inc. (new) Brightpoint Inc. (new) Candie's Inc. Carnegie International Corporation (new) Cellstar Corporation First Union Corporation (new) Hitsgalore.com Inc. MCI Worldcom Inc. Optomedic Medical Technologies (new) Polaroid Corporation Prison Realty Trust Select Comfort Corporation (new) Sirena Apparel Group Inc. (new) ---------------------------------------- Adams Golf Inc. court: USDC D Delaware filing date: 6/11/99 class period: persons who purchased Adams Golf securities in the Initial Public Offering in July 1998 plaintiff law firms: Berger 7 Montague; Law offices of Donald B. Lewis; Abrahams Lowenstein Bushman & Kaufman; The Olsen Law Firm According to a PR Newswire story dated 6/14/99, the Complaint alleges that the company disseminated false or misleading information in the Registration Statement/Prospectus for the company's Initial Public Offering. Specifically, the Complaint alleges that the company did not disclose two conditions which would have a negative material effect on company earnings. These alleged conditions were the existence of a "gray market" distribution of Adams products, and a general surplus of golf equipment on the retail market at the time of the IPO. As a result, the Complaint alleges, company stock sold during the IPO for inflated share prices. Brightpoint Inc. court: USDC SD Indiana filing date: c. 6/11/99 class period: 10/2/98 through 3/10/99 plaintiff law firms: Stull Stull & Brody; Weiss & Yourman According to a Stull Stull & Brody press release dated 6/11/99, the Complaint alleges that the company disseminated false and misleading information about its financial results and future business prospects. Also, according to an Indianapolis Star story dated 6/12/99, the Complaint alleged that "Brightpoint officials kept the stock price artificially high in order to benefit from bonuses based on the company's performance, and to position Brightpoint to buy other firms with its inflated stock value." Candie's Inc. court: USDC SD New York filing date: c. 6/11/99 class period: 5/28/97 through 5/12/99 plaintiff law firm: Spector & Roseman Carnegie International Corporation court: USDC D Maryland filing date: c. 6/14/99 class period: 10/28/98 through 4/30/99 plaintiff law firms: Wolf Haldenstein Adler Freeman & Herz; Law Offices of Charles J. Piven According to a Business Wire story dated 6/14/99, the Complaint alleges that the company disseminated false and misleading revenue information, which was revealed when the public discovered that the Securities & Exchange Commission had rejected certain of the company's financial reports. Cellstar Corporation court: USDC SD Florida filing date: c. 6/11/99 class period: 3/19/98 through 9/21/98 plaintiff law firm: Bernstein Liebhard & Lifshitz Cellstar Corporation court: USDC SD Florida filing date: c. 6/14/99 class period: 3/19/98 through 9/21/98 plaintiff law firm: Shepherd & Geller First Union Corporation court: USDC WD North Carolina filing date: 6/8/99 class period: 8/14/98 through 5/24/99 plaintiff law firm: Milberg Weiss Bershad Hynes & Lerach According to a Business Wire story dated 6/9/99, the Complaint alleges that the company disseminated false and misleading information about its operation, financial results, and consolidation with two new acquisitions. The Complaint further alleges that this resulted in the stock trading at artificially inflated prices during the class period. First Union Corporation court: USDC WD North Carolina filing date: c. 6/9/99 class period: 8/14/98 through 5/24/99 plaintiff law firm: Schiffrin & Barroway First Union Corporation court: USDC WD North Carolina filing date: c. 6/9/99 class period: 8/14/98 through 5/24/99 plaintiff law firm: Spector & Roseman First Union Corporation court: USDC WD North Carolina filing date: c. 6/11/99 class period: 8/14/98 through 5/24/99 plaintiff law firm: Bernstein Liebhard & Lifshitz Hitsgalore.com Inc. court: USDC CD California filing date: c. 6/14/99 class period: 2/17/99 through 5/27/99 plaintiff law firm: Pomerantz Haudek Block Grossman & Gross MCI Worldcom Inc. court: USDC ED New York filing date: 6/3/99 class period: persons who sold the common stock and call options or purchased the put options of Skytel Communications Inc. between 5/25/99 and 5/28/99 plaintiff law firm: Bernstein Liebhard & Lifshitz MCI Worldcom Inc. court: USDC ED New York filing date: 6/8/99 class period: persons who sold the securities of Skytel Communications Inc. between 5/25/99 and 5/28/99 plaintiff law firm: Wechsler Harwood Halebian & Feffer Optomedic Medical Technologies court: USDC ED New York filing date: c. 6/9/99 class period: all persons and entities who purchased Optomedic securities in the Initial Public Offering on 6/18/98 and thereafter, through 5/10/99 plaintiff law firm: Weiss & Yourman According to a Business Wire story dated 6/9/99, the Complaint alleges that the company disseminated false and misleading information in its Registration Statement and Prospectus by not revealing that the company's product sales volume had "virtually stopped." Polaroid Corporation court: unknown filing date: unknown class period: 4/16/97 through 8/28/98 plaintiff law firm: Law Offices of Steven E. Cauley Prison Realty Trust court: USDC MD Tennessee filing date: c. 5/27/99 class period: all shareholders of Prison Realty Thrust who exchanged their shares of PZN for shares on Prison Realty Corporation in the 1/1/99 merger between Corrections Corporation of America and/or purchased New PZN shares on or before 5/17/99 plaintiff law firm: Law Offices of Steven E. Cauley Prison Realty Trust court: USDC MD Tennessee filing date: c. 5/28/99 class period: persons who exchanged shares of CCA Prison Realty Trust for shares of Prison Realty Trust Inc. stock in the merger or purchased shares of New Prison Realty Trust on or prior to 5/17/99 plaintiff law firm: Milberg Weiss Bershad Hynes & Lerach Prison Realty Trust court: USDC MD Tennessee filing date: c. 6/4/99 class period: (1) all persons whose shares were converted into Prison Realty common stock in connection with the merger of Prison Realty and Corrections Corporation of America on 12/31/98 and (2) all persons who purchased or otherwise acquired Prison Realty common stock between 1/1/99 and 5/14/99 plaintiff law firm: Bernstein Liebhard & Lifshitz Prison Realty Trust Inc. court: USDC MD Tennessee filing date: c. 6/4/99 class period: (1) all persons whose shares were converted into Prison Realty common stock in connection with the merger of Prison Realty and Corrections Corporation of America on 12/31/98 and (2) all persons who purchased or otherwise acquired Prison Realty common stock between 1/1/99 and 5/14/99 plaintiff law firm: Abbey Gardy & Squitieri Prison Realty Trust Inc. court: USDC MD Tennessee filing date: c. 6/4/99 class period: (1) investors who purchased Prison Realty Trust Inc. stock between 1/1/98 and 5/14/99 and (2) investors whose shares were exchanged for shares of Prison Realty in the 12/31/98 merger between Prison Realty and Corrections Corporation of America plaintiff law firm: Wolf Haldenstein Adler Freeman & Herz Prison Realty Trust court: USDC MD Tennessee filing date: c. 6/4/99 class period: (1) all persons who exchanged shares of CCA Prison Realty Trust for shares of Prison Realty Inc. in the merger on or about 1/4/99 or (2) all persons who purchased shares of Prison Realty in the open market between 1/4/99 and 5/14/99 plaintiff law firm: Schiffrin & Barroway Prison Realty Trust Inc. court: USDC unknown D Tennessee filing date: c. 6/11/99 class period: 10/16/98 through 5/14/99 plaintiff law firm: Pomerantz Haudek Block Grossman & Gross Select Comfort Corporation court: USDC D Minnesota filing date: 6/11/99 class period: 4/21/99 through 6/8/99 plaintiff law firm: Milberg Weiss Bershad Hynes & Lerach According to a Business Wire story dated 6/11/99, the Complaint alleges that the company disseminated false and misleading information about (among other things) its operations and finances. As a result, the company's stock traded at artificially inflated prices during the class period. Select Comfort Corporation court: USDC D Minnesota filing date: 6/11/99 class period: 1/25/99 through 6/7/99 plaintiff law firm: Berman DeValerio & Pease Select Comfort Corporation court: USDC D Minnesota filing date: c. 6/11/99 class period: 1/25/99 through 6/7/99 plaintiff law firm: Wolf Popper Select Comfort Corporation court: USDC D Minnesota filing date: c. 6/11/99 class period: 1/25/99 through 6/7/99 plaintiff law firm: Lockridge Grindal Nauen & Holstein Select Comfort Corporation court: USDC D Minnesota filing date: c. 6/16/99 class period: 1/25/99 through 6/7/99 plaintiff law firm: Kaplan Kilsheimer & Fox Sirena Apparel Group Inc. court: USDC CD California filing date: c. 6/10/99 class period: 11/12/98 through 6/7/99 plaintiff law firm: Milberg Weiss Bershad Hynes & Lerach According to a Business Wire story dated 6/10/99, the Complaint alleges that the company disseminated false and misleading information about the demand for its products, its financial situation, and earnings growth. As a result, the stock traded at artificially high share prices during the class period. Sirena Apparel Group Inc. court: USDC CD California filing date: c. 6/10/99 class period: 11/12/98 through 6/7/99 plaintiff law firm: Barrack Rodos & Bacine Sirena Apparel Group Inc. court: USDC CD California filing date: c. 6/14/99 class period: 11/12/98 through 6/7/99 plaintiff law firm: Cohen Milstein Hausfeld & Toll