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Amkor Reports Filing of Purported Class Action Lawsuit.


CHANDLER, Ariz. -- Amkor Technology Amkor Technology, Inc. (NASDAQ: AMKR) is a high-tech semiconductor product manufacturer that includes Intel and IBM among its primary customers. Previously headquartered in West Chester, Pennsylvania, United States, Amkor recently announced that it will move to Chandler, , Inc. (Nasdaq: AMKR AMKR Amkor Technology ) today announced that a purported securities 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 on January 23, 2006 in the United States District Court for the Eastern District of Pennsylvania The United States District Court for the Eastern District of Pennsylvania is one of the original 13 federal judiciary districts created by the Judiciary Act of 1789. It originally sat in Independence Hall in Philadelphia as the United States District Court for the District of  against Amkor and certain of its current and former officers. The plaintiff claims to represent purchasers of Amkor securities during the period from October 27, 2003 through July 1, 2004. The complaint alleges that defendants made materially false statements regarding the Company's financial condition and seeks unspecified damages.

Amkor believes the claims are without merit and will defend against them vigorously.

Amkor is a leading provider of contract semiconductor assembly and test services. The company offers semiconductor companies and electronics OEMs a complete set of microelectronic design and, manufacturing and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . More information on Amkor is available from the company's SEC filings and on Amkor's web site: www.amkor.com.
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Publication:Business Wire
Date:Jan 24, 2006
Words:145
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