Berman DeValerio & Pease LLP Files Class Action Against Aurora Foods, Inc.Business Editors & Legal Writers SAN FRANCISCO--(BUSINESS WIRE)--March 30, 2000 Berman, DeValerio & Pease pease n. pl. pease or peas·en Archaic A pea. [Middle English; see pea. LLP LLP - Lower Layer Protocol a law firm specializing in representing shareholders in class action lawsuits 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 , issues the following press release: Berman DeValerio & Pease has filed a class action in the United States District Court for the Northern District of California The United States District Court for the Northern District of California is the Federal district court whose jurisdiction comprises following counties: Alameda, Contra Costa, Del Norte, Humboldt, Lake, Marin, Mendocino, Monterey, Napa, San Benito, San Francisco, San Mateo, Santa , on behalf of all persons who purchased common stock of Aurora Foods, Inc. (NYSE NYSE See: New York Stock Exchange :AOR AOR The ISO 4217 currency code for Angolan Reajustado Kwanza. ) ("Aurora" or "Company") between April 28, 1999 and February 17, 2000, inclusive (the "Class Period"). The action charges Aurora and certain of its officers with violations of the federal securities laws. Specifically, the complaint alleges that the Company improperly accounted for its promotional expenses paid to retailers of the Company's food products. As a result, expenses were allegedly understated and thereby earnings were materially inflated in violation of Generally Accepted Accounting Principles The standard accounting rules, regulations, and procedures used by companies in maintaining their financial records. Generally accepted accounting principles (GAAP) provide companies and accountants with a consistent set of guidelines that cover both broad accounting . If you purchased the common stock of Aurora during the period April 28, 1999 through February 17, 2000, you may wish to contact Berman, DeValerio & Pease to discuss your rights: Patrick T. Egan, Esq Norman Berman, Esq Berman, DeValerio & Pease LLP One Liberty Square, Boston, MA 02109 E-Mail: bdplaw@bermanesq.com (800) 516-9926 Jennifer S. Abrams, Esq. Berman, DeValerio, Pease & Tabacco PC 425 California St., San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA 94104 E-Mail: jennifera@tabaccoesq.com (415) 433-3200 You may also visit us on our web site at www.bermanesq.com. In addition, under the federal securities laws you may, not later than April 24, 2000, move the court to serve as lead plaintiff for the class of shareholders. You need not become a representative plaintiff to participate in the action and you may hire counsel of your own choice. To serve as lead plaintiff, however, you must meet certain legal requirements. You may contact Berman, DeValerio & Pease to discuss your rights regarding the appointment as lead plaintiff. With offices in Boston and San Francisco, Berman, DeValerio & Pease has extensive experience prosecuting shareholder class actions. The firm has been appointed lead counsel in numerous actions involving companies that have issued false and misleading statements, has successfully litigated these actions, and has been singled out for its excellence by many courts. The firm prides itself on its responsiveness to shareholders and their needs in particular cases. |
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