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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Richard Miller who wrote (31067)4/18/1999 9:36:00 PM
From: Wolff  Read Replies (2) | Respond to of 122087
 
What we were really trying to do by negotiating for the warrants was to add additional value that wasn't going to be there," said Keith F. Park, a partner at Milberg Weiss Bershad Hynes & Lerach LLP in San Diego, the lead counsel representing the investors.

Lawyers for the plaintiffs are applying to get paid 30 percent of the $8 million in cash and 30 percent of the 2.25 million warrants. If the lawyers' fees are approved, investors would receive about 19 cents per share in cash.

A hearing on the settlement will be held May 10 in U.S. District Court in Los Angeles.