Berman DeValerio Announces Securities Class Periods.Business Editors & Legal Writers BOSTON--(BUSINESS WIRE)--July 12, 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 for almost twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. , issues the following press release: Investors have filed lawsuits against the companies identified below for violations of the federal securities laws. These investors have retained Berman, DeValerio & Pease, LLP, http://www.bermanesq.com/ (800) 516-9926, to represent them. If you purchased the securities of any of these companies, you may be a member of the class and have until the dates specified below to seek appointment as lead plaintiff. You may contact Berman, DeValerio & Pease, LLP to learn about your rights and interests in these cases and ability to possibly recoup your losses, or you may hire counsel of your own choice. To be a member of the class, however, you need not take any action at this time. ADVANCED TECHNICAL PRODUCTS, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (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 :ATPXE) This action charges that the two top officers at Advance Technical Products Alcore subsidiary caused Advanced Technical to issue false financial statements so the president of the subsidiary could sell his stock in the Veritas Capital Fund buyout. Upon disclosure of the accounting fraud at Aclore, Advanced Technical's stock price plummeted. Investors who bought Advanced Technical Products common stock April 22, 1998 and March 3, 2000 may be eligible for inclusion in the class. The lead plaintiff motion must be filed by September 5, 2000. ANIKA THERAPEUTICS, INC. (NASDAQ:ANIK ANIK Canadian COMSAT ) Anika Therapeutics, Inc. and certain of its officers are charged with causing the company to issue materially false and misleading financial statements. Anika has restated its financial statements for its 1998 fiscal year and first three quarters of 1999. The SEC is investigating the company's accounting practices. Investors who purchased Anika stock between April 15, 1998 and May 30, 2000 may be included in the class. The motion for lead plaintiff must be filed by August 8, 2000. CITRIX SYSTEMS Citrix Systems' (NASDAQ: CTXS) is an American technology company, based in Fort Lauderdale, Florida, with subsidiary operations in California and Massachusetts, with additional development centers in Australia, India and the UK. , INC. (NASDAQ:CTXS CTXS Citrix Systems (NASDAQ stock ticker symbol) ) Citrix and certain of its top officers are charged with misleading investors concerning company earnings for its 2000 second quarter. Prior to informing investors of the poor financial performance, insiders sold $42 million worth of stock. Investors who bought Citrix stock from October 18, 1999 through June 9, 2000 may be included in the class. The time to file a motion for lead plaintiff is August 24, 2000. FLOORING AMERICA, INC. (NYSE NYSE See: New York Stock Exchange :FRA Fra: see Angelico, Fra; Bartolommeo di Pagholo del Fattorino, Fra; Fra Filippo Lippi under Lippi. ) For the second time in the past two years, Flooring America is restating its financial statements due to improper accounting. The SEC is presently investigating the company for securities law violations. If you purchased Flooring America stock during the period November 11, 1999 through May 22, 2000, you may be eligible to be in the class. The lead plaintiff motion is due by August 13, 2000. PROFIT RECOVERY GROUP INTERNATIONAL, INC. (NASDAQ:PRGX) Profit Recovery and two of its officers are alleged to have caused the company to improperly record revenue in the company's 1999 fourth quarter in order to meet analysts' earnings expectations. After the company announced it would restate re·state tr.v. re·stat·ed, re·stat·ing, re·states To state again or in a new form. See Synonyms at repeat. re·state fourth quarter earnings, the stock price plunged. Investors who purchased Profit Recovery common stock between February 16, 2000 and March 29, 2000 may be included in the class. The time to file the lead plaintiff motion is August 4, 2000. VARI-L COMPANY, INC. (NASDAQ:VARLE) Vari-L Company, Inc. is charged with artificially inflating its stock price by issuing financial statements which misrepresented the Company's actual revenues and earnings. It is further charged that certain corporate officers and directors sold large amounts of their Vari-L stock while the stock price was inflated. The Company's auditors have resigned saying that they have uncovered what could be "illegal acts." Investors who purchased Vari-L stock during the period December 17, 1997 to May 17, 2000 may be included in the class. The time to file a lead plaintiff motion is August 9, 2000. With offices in Boston and 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 , Berman, DeValerio & Pease, LLP is one of the nation's leading firms in representing investors in securities class action lawsuits and has substantial experience in prosecuting class actions. The firm has been appointed lead counsel in many major shareholder lawsuits pending throughout the country. The firm prides itself on its responsiveness to shareholders and their needs in particular cases. If you are an investor in any of the actions listed above, or have any questions about any securities class action, please contact the firm at (800) 516-9926. Ask to speak to one of the attorneys handling the case you are seeking information about, or you may speak to Jeffrey C. Block, Esq. or Michael G. Lange, Esq., or you can write to the firm at One Liberty Square, Boston, MA 02109, send the firm a facsimile at (617) 542-1194 or send the firm an e-mail at bdplaw@bermanesq.com. To learn more about any of these cases, or class actions in general, you can visit the firm's website at http://www.bermanesq.com/. |
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