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Technology Stocks : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Altman who wrote (1560)	10/13/2003 1:41:08 PM
From: Pluvia	Read Replies (1) \| Respond to of 1658

securitiesclassactiondirectory.com In re Terayon Communication Systems, Inc. Securities Litigation Terayon Communications Systems, Inc. (NASDAQ: TERN) According to a press release, the complaint charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10-b(5). The action arises 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. According to the complaint, defendants' scheme included 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 enure to Terayon and its shareholders, including, among other things, the certification of the company's proprietary S-CDMA cable modem technology by CableLabs (the industry regulating organization).