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Attention Sun Healthcare Group, Inc. Shareholders: Hoffman & Edelson Commences Class Action on Behalf of Purchasers of SHG Common Stock.


DOYLESTOWN, Pa.--(BUSINESS WIRE)--April 19, 1999--

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
 was commenced on behalf of purchasers of the common stock of Sun Healthcare Group, Inc. (NYSE NYSE

See: New York Stock Exchange
: SHG SHG Second Harmonic Generation
SHG Short-Handed Goals (hockey)
SHG Self Help Group
SHG State History Guide (formerly State House Girls)
SHG Sacred Heart Griffin
) ("Sun Healthcare" or the "Company"), between June 2, 1998 and February 1, 1999, inclusive, (the "Class Period"), in the United States District Court for the District of New Mexico The United States District Court for the District of New Mexico is the federal district court whose jurisdiction comprises the state of New Mexico. Court is held in Albuquerque, Las Cruces, Las Vegas, Roswell, Santa Fe, and Silver City.  by the law firm of Hoffman & Edelson (toll free 877/537-6532).

The complaint charges Sun Healthcare and certain of its officers and directors 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 statements and failed to disclose material facts throughout the Class Period in the Company's public filings and public statements.

As a result of these alleged misrepresentations and omissions, the price of Sun Healthcare's common stock was artificially inflated throughout the Class Period.

Plaintiffs seek to recover damages on behalf of all those who purchased or otherwise acquired Sun Healthcare common stock during the Class Period.

If you purchased or otherwise acquired Sun Healthcare securities during the Class Period, and either lost money on the transaction or still hold the stock, you may wish to join in the action to serve as lead plaintiff.

In order to do so, you must meet certain requirements set forth in the applicable law and file appropriate papers no later than May 15, 1999. This early notice to class members is being made pursuant to applicable law.

Plaintiff has selected Hoffman & Edelson as one of the law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 to represent the Class. The attorneys at Hoffman & Edelson have extensive experience in securities, consumer and antitrust Antitrust

The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade.
 class action cases.

If you would like to discuss this action or if you have any questions concerning this Notice or your rights as a potential class member of lead plaintiff, you may contact Marc H. Edelson, Esq. at Hoffman & Edelson, 45 W. Court St., Doylestown, PA 18901, 877/537-6532 (toll free) or by e-mail at Hofedlaw@aol.com.
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.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 19, 1999
Words:335
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