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Microcap & Penny Stocks : Amplidyne, AMPD -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (485)10/1/1999 12:44:00 PM
From: StockDung  Respond to of 538
 
Amplidyne, Inc. is Charged With Securities Fraud in Class Action Filed byBerman DeValerio & Pease LLP


Berman, DeValerio & Pease LLP

a law firm specializing in representing shareholders

in class action lawsuits, issues the following press release:

BOSTON, Oct. 1 /PRNewswire/ -- Amplidyne, Inc. (OTC Bulletin Board: AMPD) ("Amplidyne" or the "Company") was charged with misleading investors in a securities class action with respect to the financial condition and business prospects of the Company. The case was filed as a class action in the United States District Court for the District of New Jersey on October 1, 1999 on behalf of all persons and entities who purchased the common stock of Amplidyne during the period September 9, 1999 through and including September 14, 1999 (the "Class Period") and who suffered losses on their investments.

The action charges that Amplidyne and its President and Chief Executive Officer issued materially false and misleading financial statements during the Class Period. In particular, it charges that Amplidyne provided false and misleading statements and/or omissions concerning the present and future financial condition and business prospects of the Company particularly involving the development of a new set of products to offer high speed wireless internet access. As a result of these misrepresentations and omissions, the price of Amplidyne's common stock was artificially inflated throughout the Class Period.

Plaintiff seeks to recover damages on behalf of all those who purchased or otherwise acquired Amplidyne common stock during the class period.

If you purchased Amplidyne common stock during the period of September 9, 1999 through September 14, 1999, and suffered a loss on your investment, you may wish to contact the lawyers at Berman DeValerio to discuss your rights and interests:

Norman Berman, Esq.

Alicia Duff, Esq.

Berman, DeValerio & Pease LLP

One Liberty Square, Boston, MA 02109

E-Mail: bdplaw@bermanesq.com.

(800) 516-9926

You can also visit us at our website at www.bermanesq.com.

In addition, under the federal securities laws you may, but not later than sixty days from September 14, 1999, 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. You may contact the attorneys at Berman DeValerio & Pease LLP to discuss your rights regarding the appointment of lead plaintiff.

Berman, DeValerio & Pease LLP has substantial experience in prosecuting shareholder class actions. The firm has been appointed lead counsel in numerous actions involving companies issuing false and misleading statements, has successfully litigated these actions and has been singled out for its excellence by many courts.

SOURCE Berman, DeValerio & Pease LLP

CO: Berman, DeValerio & Pease LLP; Amplidyne, Inc.

ST: Massachusetts

IN: CPR

SU: LAW

10/01/1999 12:10 EDT prnewswire.com



To: Sir Auric Goldfinger who wrote (485)10/4/1999 4:28:00 PM
From: StockDung  Read Replies (2) | Respond to of 538
 
Keller Rohrback LLP Investigates Securities Fraud Claims Against Amplidyne, Inc. On Behalf Of Shareholders Who Purchased Stock between Sept 9, 1999 and Sept 14, 1999


SEATTLE--(BUSINESS WIRE)--Oct. 4, 1999--Keller Rohrback LLP announced that it is investigating claims of shareholders of Amplidyne, Inc., (Nasdaq:AMPD) who purchased stock between September 9, 1999 and September 14, 1999 inclusive.

Amplidyne designs, manufactures and sells ultra linear power amplifiers and related subsystems to the worldwide wireless telecommunications market.

Class action shareholder suits have been filed against Amplidyne, Devendar Bains, Tarlochan Bains, Harris Freedman, and Sharon Will. The Complaints charge that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10-b(5). The cases arise from damages incurred by the Class as a result of a scheme and common course of conduct by defendants, which operated as a fraud and deceit on the Class during the Class Period. The suits charge that the defendants rendering false and misleading statements and/or omissions concerning the present and future financial condition and business prospects of the Company, as well as the financial benefits that would flow to Amplidyne and its shareholders. If you are a member of the class described above, you may, no later than sixty days from September 16, 1999 move the Court to serve as lead plaintiff, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements.

Keller Rohrback L.L.P. is a law-firm headquartered in Seattle that has successfully represented shareholders and consumers in class action cases for over a decade. Its trial lawyers have obtained judgments on behalf of its clients in excess of five billion dollars. Keller Rohrback L.L.P. is currently involved in cases and investigations involving 2TheMart.Com Inc. (OTC:TMRTE), IKON Office Systems (NYSE:IKN), WorldPort Communications (OTC:WRDP), and Exxon Corporation (NYSE:XON), among others.

If you wish to discuss this announcement, have information relevant to the case, wish to learn about your rights to seek to serve as a lead plaintiff, or have any questions on how to join as a class representative in any securities class action, you may contact Keller Rohrback L.L.P. (Lynn L. Sarko or Elizabeth Leland, Esq.) toll free at 800/776-6044, or via e-mail at investor@kellerrohrback.com. Those who inquire by e-mail are asked to provide their mailing address and telephone number.

CONTACT:

Keller Rohrback L.L.P.

Jen Veitengruber, 800/776-6044

investor@kellerrohrback.com

TICKERS: NASDAQ:AMPD OTC:TMRTE

KEYWORD: WASHINGTON

BW1687 OCT 04,1999

12:45 PACIFIC

15:45 EASTERN



To: Sir Auric Goldfinger who wrote (485)10/6/1999 4:43:00 PM
From: StockDung  Read Replies (3) | Respond to of 538
 
Law Suits Against Amplidyne, Inc. Assigned to Judge Mary L. Cooper in the U.S. District Court in the District of New Jersey, Announces Keller Rohrback L.L.P.


SEATTLE--(BUSINESS WIRE)--Oct. 6, 1999--Keller Rohrback L.L.P. announced today that several class action lawsuits filed by shareholders of Amplidyne, Inc. (Nasdaq:AMPD) have been assigned to the Honorable Mary L. Cooper, U.S. District Court in the District of New Jersey.

Class action shareholder suits have been filed against Amplidyne and certain officers and directors on behalf of shareholders who purchased or otherwise acquired Amplidyne, Inc (Nasdaq:AMPD) securities between September 9, 1999 and September 14, 1999 ("the Class Period"). Shareholders assert that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10-b(5) established thereunder.

If you are a member of the class described above, you may, no later than sixty days from September 16, 1999 move the Court to serve as lead plaintiff, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. Shareholders should return completed information packets as soon as possible, including certification forms, received from Keller Rohrback's Shareholder Department (fax: 206/623-3384).

Keller Rohrback L.L.P. is a law-firm headquartered in Seattle that has successfully represented shareholders and consumers in class action cases for over a decade. Its trial lawyers have obtained judgments on behalf of its clients in excess of five billion dollars. Keller Rohrback L.L.P. is currently involved in cases and investigations involving 2TheMart.Com Inc. (OTC:TMRTE), IKON Office Systems (NYSE:IKN), WorldPort Communications (OTC:WRDP), and Exxon Corporation (NYSE:XON), among others.

If you wish to discuss this announcement, have information relevant to the case, wish to learn about your rights to seek to serve as a lead plaintiff, or have any questions on how to join as a class representative in any securities class action, you may contact Keller Rohrback L.L.P. (Lynn L. Sarko or Elizabeth Leland, Esq.) toll free at 800/776-6044, or via e-mail at investor@kellerrohrback.com. Those who inquire by e-mail are asked to provide their mailing address and telephone number.

CONTACT:

Keller Rohrback L.L.P.

Jen Veitengruber, 800/776-6044

investor@kellerrohrback.com

TICKERS: NASDAQ: AMPD OTC:TMRTE

BW0322 OCT 06,1999

12:21 PACIFIC

15:21 EASTERN