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[2] Milberg Weiss Bershad Hynes & Lerach LLP Announces Class Action Suit Against Citrix Systems, Inc.


Business/Legal Editors

NEW YORK--(BUSINESS WIRE)--July 7, 2000

The following was released today by Milberg Weiss Bershad Hynes & Lerach LLP LLP - Lower Layer Protocol :

To Citrix Systems, Inc. Security Purchasers:

On June 14, 2000, a complaint was filed, alleging violations of the federal securities laws by Citrix Systems, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CTXS CTXS Citrix Systems (NASDAQ stock ticker symbol) ) and certain of its officers and/or directors. The class action was commenced in the United States District Court for the Southern District of Florida The United States District Court for the Southern District of Florida (S.D.Fl.) is the federal district court covering the southern part of the state of Florida. The court's jurisdiction comprises the following counties: Broward, Dade, Highlands, Indian River, Martin, Monroe, , Fort Lauderdale Division, on behalf of purchasers of Citrix Systems securities during the period between October 18, 1999 and June 9, 2000, inclusive.

The complaint charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated prom·ul·gate  
tr.v. prom·ul·gat·ed, prom·ul·gat·ing, prom·ul·gates
1. To make known (a decree, for example) by public declaration; announce officially. See Synonyms at announce.

2.
 thereunder, by issuing materially false and misleading statements to the market. A copy of the complaint can be obtained from the Court, or can be viewed on Milberg Weiss' website at http://www.milberg.com/citrixsystems/

If you bought the securities of Citrix Systems between October 18, 1999 and June 9, 2000, you may, no later than August 14, 2000, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
. You may retain Milberg Weiss Bershad Hynes & Lerach LLP to serve as your counsel in this action by signing up on our website or by contacting us at the number listed below.

If you wish to discuss this action with us, or have any questions concerning this notice or your rights and interests with regard to the case, please contact the following attorneys:
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 7, 2000
Words:271
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