To: Sir Auric Goldfinger who wrote (1841 ) 3/31/2001 10:41:31 PM From: StockDung Read Replies (1) | Respond to of 2110 Ariba Sued for Securities Violations According to Schiffrin & Barroway, LLP BALA CYNWYD, Pa., March 30 /PRNewswire/ -- The following statement was issued today by the law firm of Schiffrin & Barroway, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of all purchasers of the common stock of Ariba, Inc. (Nasdaq: ARBA) from June 23, 1999 through December 23, 1999, inclusive (the "Class Period"). If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Schiffrin & Barroway, LLP (Marc A. Topaz, Esq. or Robert B. Weiser, Esq.) toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at info@sbclasslaw.com. The complaint charges Ariba and certain of its officers and directors with issuing a false and misleading Prospectus filed with the SEC. Specifically, the Company failed to disclose in its Prospectus certain material information concerning Morgan Stanley's underwriting practices in connection with Ariba's initial public offering. The complaint alleges that the failure to disclose the information regarding Morgan Stanley made Ariba's Prospectus materially misleading. Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Schiffrin & Barroway, LLP, who has significant experience and expertise prosecuting class actions on behalf of investors and shareholders. For more information on Schiffrin & Barroway, or to sign-up to participate in this action online, please visit www.sbclasslaw.com. If you are a member of the class described above, you may, not later than May 21, 2001, move the Court to serve as lead plaintiff of the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. CONTACT: Schiffrin & Barroway, LLP Marc A. Topaz, Esq. Robert B. Weiser, Esq. Three Bala Plaza East, Suite 400, Bala Cynwyd, PA 19004 1-888-299-7706 (toll free) or 1-610-667-7706 Or by e-mail at info@sbclasslaw.com SOURCE Schiffrin & Barroway, LLP CO: Schiffrin & Barroway, LLP; Ariba, Inc. ST: Pennsylvania, New York IN: SU: LAW 03/30/2001 16:53 EST prnewswire.com