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Attention Shareholders of Evolving Systems, Inc.


BALA CYNWYD Cynwyd is a small village in Denbighshire, Wales, about two miles south-west of the town of Corwen. It is home to a large factory, run by Ifor Williams Trailers. See also
  • Bala Cynwyd, Pennsylvania
, Pa.--(BUSINESS WIRE)--June 30, 1998--Notice is hereby given that 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
 was filed yesterday in the United States District Court for the District of Colorado The United States District Court for the District of Colorado is the Federal district court whose jurisdiction is the state of Colorado.

The United States Attorney's Office for the District of Colorado
, on behalf of all persons who purchased the common stock of Evolving Systems, Inc. (the "Company") pursuant to the Company's initial public offering (the "Offering") or thereafter between May 12, 1998 and June June: see month.  17, 1998, inclusive (the "Class Period").

The complaint charges Evolving Systems, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:EVOL) and certain of its officers and directors of making false and misleading statements and failing to disclose material facts in the Company's registration statement and prospectus issued in connection with the Offering regarding the Company's business, finances and prospects.

Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Schiffrin Craig & Barroway, LLP LLP - Lower Layer Protocol  which has significant experience and expertise prosecuting class actions on behalf of investors and shareholders.

If you are a member of the class described above, you may, not later than August 21, 1998, 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 with respect to these matters, please contact Schiffrin Craig & Barroway, LLP (Andrew L. Barroway, Esq.) toll free at 888/299-7706 or 610/667-7706, or via e-mail at classlaw@ix.netcom.com.

    CONTACT:  Schiffrin Craig & Barroway, LLP
               Andrew L. Barroway, Esq.
               888/299-7706 (toll free) or 610/667-7706
               Or by e-mail at classlaw@ix.netcom.com


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Jun 30, 1998
Words:274
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