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Technology Stocks : Source Media SRCM -- Ignore unavailable to you. Want to Upgrade?

To: Rajiv who wrote (1083)	8/28/1998 9:24:00 AM
From: Rajiv	Read Replies (1) \| Respond to of 3015

Class Action Suit #6 Bernstein Liebhard & Lifshitz Commences Class Action On Behalf Of Purchasers Of Source Media Systems Common Stock The Following is an Announcement by Bernstein Liebhard & Lifshitz: NEW YORK--(BUSINESS WIRE)--Aug. 28, 1998-- Bernstein Liebhard & Lifshitz announced a securities class action lawsuit has been commenced on behalf of purchasers of the common stock of Source Media Systems (NASDAQ:SRCM - news; ''Source Media'' or the ''Company''), between Sept. 23, 1997 and Aug. 14, 1998, inclusive (the ''Class Period'') in the United States District Court for the Northern District of Texas. The lawsuit alleges violations of the federal securities laws and names as defendants the Company and certain of its officers and directors. The complaint charges Source Media and certain of its officers and directors with violations of the Securities and Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. The complaint alleges that the Company's financial statements and press releases that were disseminated to the investing public were materially false and misleading and that they misrepresented the Company's earnings and prospects. Specifically, the complaint alleges that defendant concealed from Source Media shareholders lost business and assets stemming from Source Media's acquisition of Brite Voice Systems Inc. [Nasdaq:BVSI - news] and Voice Network News. Plaintiff seeks to recover damages on behalf of all purchasers of Source Media common stock during the Class Period. If you purchased Source Media stock during the Class Period, and either lost money on the transaction or still hold the stock, you may wish to join in the action to serve as lead plaintiff. In order to do so, you must meet certain requirements set forth in the applicable law and file appropriate papers within 60 days of Aug. 21, 1998. This early notice to class members is being made pursuant to applicable law. Plaintiff has selected Bernstein Liebhard & Lifshitz as one of the law firms to represent the Class. The attorneys at Bernstein Liebhard & Lifshitz have extensive experience in securities class action cases, and have played lead roles in major cases over the past several years which have resulted in recoveries of millions of dollars to investors. The attorneys at Bernstein Liebhard & Lifshitz have been recognized by courts for the high quality of their legal representation of defrauded investors. The firm also has extensive experience in corporate and shareholder litigation, consumer protection and other areas of complex litigation. If you would like to discuss this action or if you have any questions concerning this Notice or your rights as a potential class member or lead plaintiff, you may contact Mel E. Lifshitz, Esq., or Michael S. Egan, Esq., at Bernstein Liebhard & Lifshitz, 800/217-1522 or 212/779-1414 or by e-mail at Bernlieb@AOL.COM. ------------------------------------------------------------------------ Contact: Bernstein Liebhard & Lifshitz, New York Mel E. Lifshitz, Esq., or Michael S. Egan Esq. 800/217-1522 or 212/779-1414 e-mail: Bernlieb@AOL.COM