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To: Kenya AA who wrote (66)3/19/1999 9:48:00 PM
From: hlpinout  Read Replies (1) | Respond to of 12662
 
Who's next?

Rite Aid Corp. Defrauded ShareholdersAlleges Lawsuit by Law Offices
Bernard M. Gross, P.C.
March 19, 1999 06:00 PM
PHILADELPHIA--(BUSINESS WIRE)--March 19, 1999--The Law Offices Bernard
M. Gross, P.C. announces that pursuant to Section 21(D)(A)(3)(a)(I) of the
Securities Exchange Act of 1934, Notice is hereby given that on March 19, 1999,
a class action lawsuit was filed in the United States District Court for the Eastern
District of Pennsylvania on behalf of a class (the "Class") consisting of all persons
who purchased the common stock of Rite Aid Corp. ("RAD") from December 14,
1998 through and including March 12, 1999 and were damaged thereby, inclusive
(the "Class Period").

The Complaint charges RAD RAD and certain of its officers with violations of
Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The Complaint
alleges that defendants RAD and Martin Grass issued a series of materially false
and misleading statements and failed to disclose material facts throughout the
Class Period in the Company's public filing and public statements.

Plaintiffs seek to recover damages on behalf of Class members. Plaintiffs are
represented by the Law Offices Bernard M. Gross, P.C. which has significant
experience and expertise in prosecuting class actions on behalf of investors and
shareholders.

Law Offices Bernard M. Gross P.C. has taken a leading role in numerous
important actions on behalf of defrauded investors and is responsible for a number
of outstanding recoveries. Visit the Law Offices Bernard M. Gross web site at
bernardmgross.com.

We also recently filed securities fraud class action lawsuits on behalf of
shareholders of Orbital Sciences Corp. ORB between April 21, 1998 through Feb.
16, 1999, Advanced Micro Devices AMD between Jan. 13, 1999 through and
including March 9, 1999, and Compaq Computer Corp. CPQ between Jan. 27,
1999 through and including Feb. 25, 1999.

If you are a member of the Class described above, you may move the Court to
serve as a lead plaintiff on or before May 14, 1999, if you so choose. In order to
serve as lead plaintiff, however, you must meet certain legal requirements.

If you wish to discuss this action or any other action we recently filed or have any
questions concerning this Notice or your rights or interests with respect to these
matters,