Announcement by Bernstein Litowitz Berger & Grossmann LLP: NOTICE to all purchasers of the securities of Rambus, Inc. during the period from January 18, 2000 through May 9, 2001.Business Editors NEW YORK--(BUSINESS WIRE)--May 28, 2003 On November 16, 2001, the Teachers' Retirement System of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. and Louisiana Louisiana (ləwē'zēăn`ə, l ē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R. Municipal Police Employees' Retirement System were appointed lead plaintiffs in a securities fraud class action filed against Rambus and certain of its top officers and directors. The Complaint filed in the Action alleged that defendants misrepresented that Rambus owned certain enforceable patents when, in fact, Rambus obtained the patents through fraud. These allegations were based upon the evidentiary ev·i·den·tia·ry adj. Law 1. Of evidence; evidential. 2. For the presentation or determination of evidence: an evidentiary hearing. Adj. 1. record developed in a federal lawsuit lawsuit: see procedure; tort. in Virginia titled Rambus, Inc. v. Infineon Techs. AG ("Infineon"), which resulted in a jury verdict that Rambus had committed actual fraud. On January 29, 2003, the Federal Circuit Court of Appeals overturned the jury verdict against Rambus in the Infineon case, finding that Rambus's conduct did not constitute actual fraud. Based on this ruling, Lead Plaintiffs moved to dismiss the Class Action with prejudice. The Court granted Lead Plaintiffs' motion and dismissed the Class Action. The dismissal of the Class Action does not prevent any individual investor covered by this Class Action from bringing his own lawsuit against Rambus, so long as the lawsuit is brought within the time provided by the statute of limitations A type of federal or state law that restricts the time within which legal proceedings may be brought. Statutes of limitations, which date back to early Roman Law, are a fundamental part of European and U.S. law. . You should consult your own legal counsel with respect to this issue, and any other questions you have regarding this order. Inquiries regarding the press release may be directed to Lead Plaintiffs' counsel, Bernstein Litowitz Berger & Grossmann LLP LLP - Lower Layer Protocol ; (858) 793-0070; email: nikio@blbglaw.com. |
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