[0] Shareholder Class Action Filed Against Steven Madden Ltd. by the Law Firm of Schiffrin & Barroway, LLP.Business Editors/Legal Writers BALA CYNWYD, Pa.--(BUSINESS WIRE)--July 5, 2000 The following statement was issued today by the law firm of Schiffrin & Barroway, LLP LLP - Lower Layer Protocol : Notice is hereby given that a class action lawsuit class action lawsuit A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax was filed in the United States District Court for the Eastern District of New York EDNY redirects here, for other uses see EDNY (disambiguation). The United States District Court for the Eastern District of New York is the federal district court whose jurisdiction comprises the entirety of Long Island (including the portion in New York City) and Staten on behalf of all purchasers of the common stock of Steven Madden mad·den v. mad·dened, mad·den·ing, mad·dens v.tr. 1. To make angry; irritate. 2. To drive insane. v.intr. To become infuriated. Ltd. (Nasdaq: SHOO) from June 21, 1997 through June 20, 2000 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 Schiffrin & Barroway, LLP (Marc A. Topaz topaz (tō`păz), aluminum silicate mineral with either hydroxyl radicals or fluorine, Al2SiO4(F,OH)2, used as a gem. , Esq. or Robert B. Weiser, Esq.) toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at info@sbclasslaw.com. The complaint charges Steven Madden Ltd. and certain of its officers and directors with issuing false and misleading statements concerning the Company's financial condition. Specifically, Steven Madden Ltd. failed to disclose material adverse facts about the Company. Among other things, the Company had participated in a scheme to manipulate manipulate To cause a security to sell at an artificial price. Although investment bankers are permitted to manipulate temporarily the stock they underwrite, most other forms of manipulation are illegal. the market for various initial public offerings of common stock of certain companies. Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Schiffrin & Barroway, LLP, who has significant experience and expertise prosecuting class actions on behalf of investors and shareholders. For more information on Schiffrin & Barroway, please visit our website at www.sbclasslaw.com. If you are a member of the class described above, you may, not later than August 20, 2000, 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. |
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