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Advanced Health Corp. Sued for Securities Fraud Violations in Shareholder Class Action Suit Announced by Berger & Montague, P.C.


PHILADELPHIA--(BUSINESS WIRE)--Aug. 20, 1998--Advanced Health Corp. (NMS See NetWare Management System. : ADVH) and various of its senior officers engaged in securities fraud, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a class lawsuit lawsuit: see procedure; tort.  filed in the United States District Court United States District Court

In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court.
 for the Southern District of 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
.

Berger & Montague, P.C., and The Olsen Law Firm, two of the nation's foremost securities 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.
 firms, are among counsel for the plaintiffs.

According to the lawsuit, defendants materially inflated the market price of Advanced Health's stock during the period May 7, 1997 through August 5, 1998.

According to the Complaint, defendants did so by recording revenue with respect to fees received from related parties and others who paid the fees with moneys lent or advanced by Advanced Health.

In addition, the complaint charges that two of Advanced Health's senior offices engaged in insider trading during the Class Period, reaping huge proceeds.

The Berger firm has played lead roles in major cases over the past25 years, resulting in recoveries in the billions of dollars to investors, including the well-known Boesky/Drexel Burnham/Michael Milken cases.

Courts widely recognize the Berger firm for the high quality of its legal representation on behalf of defrauded investors. The Olsen Law Firm practices securities litigation nationwide, focusing on complex accounting fraud.

This notice to class members is being made pursuant to applicable law. If you purchased the stock of Advanced Health (NMS: ADVH) during the period May 7, 1997 through August 5, 1998, you may wish to join the action. You may move the move the court to serve as a lead plaintiff on or before 60 days from July 1, 1998.

If you would like to discuss this action, or if you have any questions concerning this notice or your rights with respect to this matter, you may contact:

Todd S Todd , Sir Alexander Robertus 1907-1997.

British chemist. He won a 1957 Nobel Prize for his study of nucleic acids and nucleotide structures.
. Collins, Esquire BERGER & MONTAGUE, P.C. 1622 Locust locust, in botany
locust, in botany, any species of the genus Robinia, deciduous trees or shrubs of the family Leguminosae (pulse family) native to the United States and Mexico.
 Street Philadelphia, PA, 19103 Telephone: 888/891-2289 or 215/875-3000 Fax: 215/875-5715 E-mail: investorprotect@bm.net Our website is http://home.bm.net or Kurt Olsen, Esquire THE OLSEN LAW FIRM 2300 N Street, N.W., Suite 600 Washington, DC 20037 Telephone -- 202/663-9331 E-mail: Olsenlaw@hotmail.com

   CONTACT:  BERGER & MONTAGUE, P.C.
              Todd S. Collins, Esquire
              Telephone: 888/891-2289 or 215/875-3000
              Fax: 215/875-5715
              E-mail: investorprotect@bm.net
              http://home.bm.net
                 or
              THE OLSEN LAW FIRM
              Kurt Olsen, Esquire
              Telephone: 202/663-9331
              E-mail: Olsenlaw@hotmail.com


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Aug 20, 1998
Words:395
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