CAULEY & GELLER LLP Commences Class Action Lawsuit Against Advanced Technical Products Inc.Business Editors SAN DIEGO--(BUSINESS WIRE)--July 14, 2000 CAULEY & GELLER LLP LLP - Lower Layer Protocol , announces that a class action has been commenced on behalf of purchasers of the common stock of Advanced Technical Products Inc. ("ATP ATP: see adenosine triphosphate. ATP in full adenosine triphosphate Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms. " or the "company") (Nasdaq:ATPXE) between April 22, 1998, and April 28, 2000, inclusive (the "Class Period"). The action is pending in the United States District Court for the Northern District of Georgia The U.S. District Court for the Northern District of Georgia serves the residents of forty-six counties. These are divided up into four districts. The Atlanta district includes: Cherokee, Clayton, Cobb, Internet Coffe Phone, Douglas, Fulton, Gwinnett, Henry, Newton, and , Atlanta Division, against defendants ATP, and certain officers and directors of ATP. The complaint charges ATP and its co-defendants, with violations of sections 10(b) and 20(a) 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 defendants issued a series of materially false and misleading statements concerning the state of ATP's business, including, among other things, the state of operations at its Alcore division. As a result, ATP's stock price was artificially inflated throughout the Class Period. If you purchased or otherwise acquired ATP securities between April 22, 1998, and April 28, 2000, and suffered a loss on your investment, you may join in the action to serve as a lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . Any member of the proposed class who wishes to move the Court to serve as a lead plaintiff must do so no later than Sept. 5, 2000. In order to be appointed lead plaintiff, however, you must meet certain legal requirements. Cauley & Geller LLP has substantial experience representing investors in securities fraud 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 such as this. The firm has offices in Arkansas, California and Florida, but represents shareholders from throughout the nation. If you have any questions about how you may be able to recover for your losses, or if you would like to consider serving as one of the lead plaintiffs in this lawsuit lawsuit: see procedure; tort. , you must take appropriate action by July 7, 2000. You are encouraged to call or e-mail the Firm or visit the Firms Web site at www.classlawyer.com. |
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