ADD to BW1089 (ITALIAN-OVEN).--(BUSINESS WIRE)-- ADD to BW1089 (ITALIAN-OVEN). The following release is being reissued by Milberg Weiss Founded in 1965 by attorneys Larry Milberg and Melvyn I. Weiss, Milberg Weiss (formerly known as Milberg Weiss & Bershad LLP) is a U.S. plaintiffs' law firm. Based in New York City, it is widely known for representing investors in securities class actions. Bershad Hynes & Lerach LLP LLP - Lower Layer Protocol to reflect the addition of a paragraph (preceding the last paragraph). -0- Notice Of Pendency Pend´en`cy n. 1. The quality or state of being pendent or suspended. 2. The quality or state of being undecided, or in continuance; suspense; as, the pendency of a suit s>. Of Class Action Against The Italian Oven, Inc. And Others NEW YORK--July 3, 1996--On July 2, 1996, 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 Western District of Pennsylvania The United States District Court for the Western District of Pennsylvania sits in Pittsburgh, Erie, and Johnstown, Pennsylvania. It is composed of ten judges as authorized by federal law. Chief Judge Donetta W. Ambrose presides. , C.A. No. 96-1248, on behalf of purchasers of the common stock of The Italian Oven, Inc. ("Italian Oven") in its Nov. 21, 1996 Initial Public Offering and through June 24, 1996, inclusive (the "Class Period"). The complaint charges Italian Oven, certain of its officers and directors, and the underwriters of its Initial Public Offering with violations of Sections 11, 12(a) (2) and 15 of the Securities Act of 1933 and related Pennsylvania state law, by, among other things, misrepresenting and/or omitting material information concerning the then-present status of Italian Oven's expansion strategy and financial condition in the Prospectus for Italian Oven's Initial Public Offering during the Class Period. Plaintiffs seek to recover damages on behalf of class members and are represented by the law firms of Milberg Weiss Bershad Hynes & Lerach LLP ("Milberg Weiss"), and Schiffrin & Craig, Ltd., among others, who have significant experience and expertise prosecuting class actions on behalf of investors and shareholders. Milberg Weiss has been actively engaged in commercial 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. , emphasizing securities, consumer and antitrust class actions, for more than 25 years. The firm maintains offices in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , San Diego, Los Angeles and San Francisco and is active in major litigations pending in federal and state courts throughout the United States. The firm's reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm to major positions in complex multi-district and consolidated litigations. 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. If you are a member of the class described above, you may, not later than 60 days from today, 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. 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 Milberg Weiss at One Pennsylvania Plaza, 49th Floor, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York 10119-0165, by telephone at 1-800-390-7969, or via Internet electronic mail at PREZEKXJ@COUNSEL.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. . CONTACT: Milberg Weiss Bershad Hynes & Lerach LLP 1-800/390-7969 |
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