To: Anthony@Pacific who wrote (4405 ) 1/15/1999 11:56:00 PM From: Junkyardawg Respond to of 122087
DD: Milberg Weiss Announces Class Action Against Theragenics Corp. Business Wire - January 15, 1999 18:41 NEW YORK--(BUSINESS WIRE)--Jan. 15, 1999--The following was released today by Milberg Weiss Bershad Hynes & Lerach: Notice is hereby given that a class action lawsuit was filed on January 18, 1998, in the United States District Court for the Northern District of Georgia, on behalf of all persons who purchased the common stock of Theragenics Corp. (NYSE: TGX) ("Theragenics" or the "Company"), between January 29, 1998 and January 11, 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, at Milberg Weiss Bershad Hynes & Lerach ("Milberg Weiss"), Steven G. Schulman or Samuel H. Rudman, One Pennsylvania Plaza, 49th Floor, New York, New York 10119-0165, by telephone 1-800-320-5081 or via e-mail: endfraud@mwbhlny.com or visit our website at www.milberg.com. The complaint charges Theragenics and certain officers with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 as well as Rule 10b-5 promulgated thereunder. The complaint alleges that defendants issued a series of false and misleading statements concerning the Company's business, its products and its prospects for future profitability. Because of the issuance of a series of false and misleading statements, the price of Theragenics common stock was artificially inflated during the Class Period. Prior to the disclosure of the adverse facts described above, certain defendants and insiders sold thousands of shares of Theragenics stock to the unsuspecting investing public realizing over $5.6 million in proceeds. Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Milberg Weiss, among others. Milberg Weiss maintains offices in New York City, San Diego, Los Angeles, San Francisco and Boca Raton and is active in major litigations pending in federal and state courts throughout the United States. Milberg Weiss has taken a leading role in numerous important actions on behalf of defrauded investors, and is responsible for a number of outstanding recoveries which, in the aggregate, total approximately $2 billion. For more information about Milberg Weiss, please visit our website at www.milberg.com. If you are a member of the class described above, you may, not later than sixty days from January 18, 1999 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: Milberg Weiss Bershad Hynes & Lerach LLP Shareholder Relations Dept. E-Mail: endfraud@mwbhlny.com 1-800-320-5081