Bailey, Harring & Peterson, P.C. Files Class Action Suit.DENVER--(BUSINESS WIRE)--July 13, 1999-- The following is an announcement by Bailey, Harring & Peterson, P.C p.c. (post cibum), n a Latin phrase meaning “after meals”; the abbreviation may be used in prescription writing. .: "YOU ARE HEREBY NOTIFIED that a Class Action has been commenced 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 purchasers of New Era of Networks, Inc. (Nasdaq:NEON) common stock between April 21, 1999, and July 6, 1999, inclusive. The Complaint charges New Era of Networks, Inc., and certain of its officers and directors, with violations of federal securities laws. Specifically, plaintiffs have brought claims under sections 10(b) and 20 of the Securities Exchange Act of 1934. Plaintiffs claim that defendants issued a series of materially false and misleading statements regarding New Era's financial condition and the sale of products through the IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) network, which artificially inflated the price of New Era of Networks, Inc.'s securities. Plaintiffs seek to recover damages on behalf of themselves and all other purchasers of New Era of Networks, Inc.'s common stock during the class period, excluding the defendants and their affiliates. Plaintiffs represented by: Pomerantz Haudek Block Grossman & Gross LLP LLP - Lower Layer Protocol of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Jaroslawicz & Jaros of New York, and Bailey, Harring & Peterson, a Professional Corporation, of Denver. These 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]
If you are a member of the class described above, you may, not later than 60 days from July 7, 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 of your rights or interests, please contact: James S. Bailey, Jr. (bailey@bhplaw.com) Neil L. Arney (arney@bhplaw.com) Bailey, Harring & Peterson, P.C. 1660 Lincoln Street, Suite 3175 Denver, Colorado 80264 303/837-1660 You may also reach Bailey, Harring & Peterson, P.C. through its Internet address There are two kinds of addresses that are widely used on the Internet. One is a person's e-mail address, and the other is the address of a Web site, which is known as a URL. Following is an explanation of Internet e-mail addresses only. For more on URLs, see URL and Internet domain name. : http://www.aescon/bhplaw/index.htm . Source: Bailey, Harring & Peterson, P.C." |
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