Bull & Lifshitz, LLP Announces Class Action Lawsuit Against Musicmaker.com, Inc.Business Editors & Legal Writers NEW YORK--(BUSINESS WIRE)-March 2, 2000--The following was released today by Bull & Lifshitz, LLP LLP - Lower Layer Protocol : Notice is hereby given that on March 2, 2000, 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 filed in the United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. for the Central District of California against musicmaker.com, Inc. ("musicmaker" or the "Company")(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 : HITS - news) on behalf of persons who purchased shares of musicmaker during the period July 7, 1999 and November 15, 1999, inclusive (the "Class Period"). The complaint alleges that defendants violated vi·o·late tr.v. vi·o·lat·ed, vi·o·lat·ing, vi·o·lates 1. To break or disregard (a law or promise, for example). 2. To assault (a person) sexually. 3. the federal securities laws, including Sections 11, 12(2) and 15 of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , by making false and misleading statements in press releases, filings with the Securities and Exchange Commission, including the Prospectus and Registration Statement concerning the Company's Licensing Agreements, among other things, musicmaker claimed that the Virgin/EMI Agreement uniquely positioned musicmaker in its market niche. Plaintiff seeks to recover damages on his own behalf and on behalf of purchasers of musicmaker's common stock during the Class Period. Plaintiff is represented in this class action by the 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 law firm of Bull & Lifshitz, LLP, a firm with extensive experience in representing shareholders and consumers in class actions. If you purchased musicmaker shares during the Class Period, you may, not later than 60 days from February 25, 2000, move the court to serve as a lead plaintiff, provided you meet certain legal requirements. If you wish to discuss this action, or have any questions concerning this notice or your rights or interests with respect to this matter, please contact the following: BULL & LIFSHITZ, LLP classlaw1@aol.com Peter D. Bull, Esq. or Joshua M. Lifshitz, Esq. 246 West 38th Street New York, New York 10018 Phone: (212) 869-9449 Toll Free: (888) 893-1844 classlaw1@aol.com |
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