Amplidyne Shareholders Have 24 Days Remaining to Return Documents to Serve as Lead Plaintiff in Class Action.SEATTLE--(BUSINESS WIRE)--Oct. 22, 1999-- The following was released today by Keller Rohrback L.L.P.: Pursuant to federal law, investors who purchased Amplidyne, Inc. common stock (Nasdaq:AMPD AMPD - Adenosine Monophosphate Deaminase AMPD - Alisveris Merkezleri ve Perakendeciler Dernegi (Turkish Council of Shopping Centers and Retailers) AMPD - Atomic and Molecular Physics Division AMPD - Average Miles Driven Per Day) between Sept. 9, 1999 and Sept. 14, 1999, inclusive (the "Class Period"), are required to act no later than Nov. 15, 1999 to actively participate in the class action lawsuit as a lead plaintiff in the securities suit filed against Amplidyne, Inc. In order for us to file necessary papers with the court, we must receive all related documents in our office the week prior to this deadline. Keller Rohrback L.L.P. represents individual shareholder in a class action suit against Amplidyne and certain officers and directors. Shareholders assert that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10-b(5) established thereunder, by rendering false and misleading statements and/or omissions concerning the present and future financial condition and business prospects of the Company, as well as the financial benefits that would flow to Amplidyne and its shareholders. Keller Rohrback L.L.P. is a law-firm headquartered in Seattle that has successfully represented shareholders and consumers in class action cases for over a decade. Its trial lawyers have obtained judgments on behalf of its clients in excess of five billion dollars. Keller Rohrback L.L.P. is currently involved in cases and investigations involving 2TheMart.Com Inc. (OTCBB:TMRTE), IKON Office Solutions (NYSE:IKN), and WorldPort Communications (OTCBB:WRDP), among others. If you are a AMPD shareholder and have questions on how you may be able to recover for losses you have incurred, please E-mail or call us. Shareholders should immediately return information packets, including certification forms, received from Keller Rohrback's Shareholder Department, in addition to trade confirmation documents (fax: 206/623-3384). Shareholder certification forms must be signed and dated. If you wish to discuss this announcement, have information relevant to the case, wish to learn about your rights to seek to serve as a lead plaintiff, or have any questions on how to join as a class representative in any securities class action, you may contact Keller Rohrback L.L.P. (Lynn L. Sarko or Elizabeth Leland, Esq.) toll free at 800/776-6044, or via email at investor@kellerrohrback.com. Those who inquire by e-mail are asked to provide their mailing address and telephone number. |
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