Printer Friendly
The Free Library
19,595,260 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Attention Service Corporation International Shareholders: Spector & Roseman, P.C. Announces Class Action Law Suit Update.


PHILADELPHIA--(BUSINESS WIRE)--Feb. 12, 1999--Since the filing of a 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
 by Spector

This article is about the company. For other uses, see Spector (disambiguation).


Spector is a company that makes bass guitars. Founded in 1974 by self-taught luthier Stuart Spector, Spector's first few instruments were essentially crude
 & Roseman, P.C p.c. (post cibum),
n a Latin phrase meaning “after meals”; the abbreviation may be used in prescription writing.
. on behalf of all behalf of all purchasers of common stock during the period of July July: see month.  23, 1998 through Jan. 26, 1999 (the "Class Period") it has been reported that Service Corp.'s president and chief operation officer L. William William, crown prince of Germany
William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack
 Heiligbrodt will resign.

The Complaint alleges that Service Corp., Heiligbrodt and Robert Waltrip violated vi·o·late  
tr.v. vi·o·lat·ed, vi·o·lat·ing, vi·o·lates
1. To break or disregard (a law or promise, for example).

2. To assault (a person) sexually.

3.
 Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934. The Complaint charges that the defendants issued a series of materially false and misleading statements concerning the Company's business, operations, and its prospects for future profitability.

Because of the issuance of these false and misleading statements, the price of Service Corp. common stock was artificially inflated during the Class Period. Prior to the disclosure of the adverse facts on Jan. 26, 1999, Service Corp. sold $600 million worth of notes and completed a merger with Equity Corporation International using $576 million worth of Service Corp.'s artificially inflated common stock.

If you are a member of the Class described above, you may, no later than sixty days from Jan. 26, 1999, move the Court to serve as lead plaintiff of the Class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel Robert M. Roseman toll free at 888/844-5862 or via E-mail at spro@voicenet.com. For more detailed information about the firm please visit our website at http://www.spectorandroseman.com.

SOURCE: SPECTOR & ROSEMAN
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Feb 12, 1999
Words:282
Previous Article:Cap Gemini Present Integrated Supply Chain Management Support Services at IDC's European IT Services Forum 1999, in Munich, February 11th 1999.
Next Article:New Gigabit Ethernet Link Extender Drives Digital Data Up to 120 Km.
Topics:



Related Articles
Spector & Roseman P.C. Announces Class Action Law Suit Filed Against IKON Office Solutions Inc. And Its Chairman Of The Board And Chief Financial...
Spector & Roseman, P.C. Announces Class Periods For Securities Class Action Complaints.
Spector & Roseman, P.C. Announces Class Periods for Securities Class Action Complaints.
Spector & Roseman, P.C. Announces the Following Corrected Class Action Law Suit Notice Filed Against Dynamex, Inc. and Certain Officers and Directors.
Spector & Roseman, P.C. Announces Class Action Law Suit Filed Against Service Corp. International and Certain Officers and Directors On Behalf of All...
Spector & Roseman, P.C. Announces Class Action Law Suit Filed Against Service Corp. International and Certain Officers and Directors On Behalf of All...
Spector & Roseman, P.C. Announces Class Action Law Suit Filed Against Service Corp. International On Behalf of All Purchasers of Service Corp....
Spector & Roseman, P.C. Announces Class Action Lawsuit Against Stewart Enterprises, Inc.
Spector & Roseman, P.C. Announces Class Action Lawsuit Against Stewart Enterprises, Inc.
Spector & Roseman, PC. Announces Class Action Lawsuit Against GST and Former GST Insiders.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles