Attention Cyber-Care, Inc. (CYBR) Shareholders.Business Editors & Legal Writers ATLANTA--(BUSINESS WIRE)--June 7, 2000 You are hereby notified that Chitwood & Harley has filed a 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 against Cyber-Care, Inc. (Nasdaq: "CYBR CYBR Copy Byte Right ", "Cyber-Care" or the "Company"), on behalf of everyone who purchased or otherwise acquired the stock between December 10, 1999 and May 19, 2000, inclusive, (the "Class Period"), in the United States District Court for the Northern District of Georgia The U.S. District Court for the Northern District of Georgia serves the residents of forty-six counties. These are divided up into four districts. The Atlanta district includes: Cherokee, Clayton, Cobb, Internet Coffe Phone, Douglas, Fulton, Gwinnett, Henry, Newton, and . The complaint charges Cyber-Care and certain of its directors and executive officers with violations of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated prom·ul·gate tr.v. prom·ul·gat·ed, prom·ul·gat·ing, prom·ul·gates 1. To make known (a decree, for example) by public declaration; announce officially. See Synonyms at announce. 2. thereunder. The complaint alleges that the defendants issued materially false and misleading financial statements that materially overstated o·ver·state tr.v. o·ver·stat·ed, o·ver·stat·ing, o·ver·states To state in exaggerated terms. See Synonyms at exaggerate. o the Company's revenue, earnings and income. As a result, Cyber-Care's stock price was artificially inflated throughout the Class Period. The lawsuit seeks to recover damages on behalf of all those who purchased or otherwise acquired Cyber-Care stock during the Class Period. If you purchased or otherwise acquired Cyber-Care securities during the Class Period, and either lost money on the transaction or still hold the stock, you may join in the action and move the court to serve as lead plaintiff. Any member of the proposed class who wishes to move the Court to serve as lead plaintiff must do so no later than July 18, 2000. In order to serve as lead plaintiff, however, you must meet certain legal requirements. Plaintiff is represented by Chitwood & Harley, an Atlanta law firm that concentrates its practice in representing victims of securities fraud and corporate mismanagement mis·man·age tr.v. mis·man·aged, mis·man·ag·ing, mis·man·ag·es To manage badly or carelessly. mis·man  age·ment n. , as well as other complex
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. . Chitwood & Harley has been appointed lead counsel in several major actions pending in both federal and state courts and has been instrumental in recovering millions of dollars on behalf of investors and shareholders. If you wish to discuss this action or have any questions concerning this notice or your rights with respect to this matter, you may contact: Leigh C. Freer toll-free at (888) 873-3999, or by e-mail at lcf@classlaw.com. Or write 2900 Promenade II, 1230 Peachtree Street, NE, Atlanta, GA, 30309. For more information about Chitwood & Harley, please visit the firm's website at www.classlaw.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion