Bernstein Liebhard & Lifshitz, LLP Commences Class Action Against Select Comfort Corporation.NEW YORK--(BUSINESS WIRE)--June 25, 1999-- The following was released today by Bernstein Liebhard & Lifshitz, LLP LLP - Lower Layer Protocol : 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 Select Comfort Corporation (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 :AIRB) ("Select Comfort" or the "Company"), between April 21, 1999 and June 8, 1999, inclusive, (the "Class Period"), in the United States District Court for the District of Minnesota The United States District Court for the District of Minnesota is the Federal district court whose jurisdiction is the state of Minnesota. It was established by an act of Congress on March 17, 1849. . The complaint charges Select Comfort 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. 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 or lead plaintiff, you may contact Sandy A. Liebhard, Esq., or Michael S. Egan, Esq., at Bernstein Liebhard & Lifshitz, LLP, 10 East 40th Street, New York, New York 10016, (800) 217-1522 or 212-779-1414 or by e-mail at selectcomfort@bernlieb.com |
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