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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (65700)	1/5/2001 7:47:53 PM
From: StockDung	Read Replies (1) \| Respond to of 122087

Milberg Weiss Files Class Action Suit Against M&A West, Inc. SAN DIEGO--(BUSINESS WIRE)--Jan. 5, 2001--Milberg Weiss (http://www.milberg.com/mawest/) today announced that a class action has been commenced in the United States District Court for the Northern District of California on behalf of purchasers of M&A West, Inc. ("M&A") (NASDAQ:MAWI)(MAWI.OB) publicly traded securities during the period between August 17, 2000 and December 28, 2000 (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, William Lerach or Darren Robbins of Milberg Weiss at 800/449-4900 or via e-mail at You can join this class action online at milberg.com. The complaint charges M&A and certain of its officers and directors with violations of the Securities Exchange Act of 1934. M&A operates and develops Internet and technology related companies. The complaint alleges that to portray the Company as a financially viable Internet play, during the Class Period the individual defendants caused M&A to issue false financial results and make false statements about its results, causing its stock to trade at artificially inflated levels. By the spring of 2000, the individual defendants were anxious to see M&A participate in the Internet stock boom and to finish their audit, the consummation of which would assist the defendants in obtaining approval for the Boston Stock Exchange and NASDAQ Small Cap Market listing. To do this, defendants determined it was essential they report favorable financial results to be seen as a financially viable Internet play. As a result of the defendants' alleged false statements, M&A's stock price traded at inflated levels during the Class Period, increasing to as high as $8 in August 2000. Then on December 28, 2000, M&A admitted that its results for its quarter ended August 31, 2000 and year ended May 31, 2000, had been false. In fact, its previously reported revenues/EPS had been improperly recognized and were the result of fraudulent accounting entries. M&A shares now trade for just pennies per share. Plaintiff seeks to recover damages on behalf of all purchasers of M&A publicly traded securities during the Class Period (the "Class"). The plaintiff is represented by Milberg Weiss Bershad Hynes & Lerach LLP, who has expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud. Milberg Weiss Bershad Hynes & Lerach LLP is a 160-lawyer firm with offices in New York, San Diego, San Francisco, Los Angeles, Boca Raton, Seattle and Philadelphia. Milberg Weiss is the nation's largest law firm whose practice is focused on class action litigation. The firm has been actively engaged in commercial litigation, emphasizing securities, consumer, insurance, healthcare, human rights and antitrust class actions for 35 years. Milberg Weiss also has an active corporate and securities practice. CONTACT: Milberg Weiss Bershad Hynes & Lerach LLP William Lerach, 800/449-4900 wsl@mwbhl.com TICKERS: NASDAQ:MAWI KEYWORD: CALIFORNIA BW0268 JAN 05,2001 13:16 PACIFIC 16:16 EASTERN