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Chitwood & Harley Announces Class Action Lawsuit Against Advanced Technical Products, Inc.


Business Editors & Legal Writers

ATLANTA--(BUSINESS WIRE)--July 7, 2000

Attention Advanced Technical Products, Inc. ("ATPXE") Shareholders

Notice is hereby given that a 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 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, on behalf of all persons who purchased the 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 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") between April 22, 1998, and March 3, 2000, inclusive (the "Class Period").

The complaint charges ATP, certain of its officers and directors and one of its subsidiaries 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 and its acquisitions. As a result, ATP's stock price was artificially inflated throughout the Class Period.

Plaintiff seeks to recover damages on behalf of all those who purchased or otherwise acquired ATP stock during the Class Period. If you purchased or otherwise acquired ATP securities during the Class Period, and either lost money on the transaction or still hold the stock, you may join in the action to serve as lead plaintiff. Any member of the proposed class who wishes to move the Court to serve as lead plaintiff must do so no later than September 5, 2000. In order to serve as lead plaintiff, however, you must meet certain legal requirements.

Plaintiff is represented by Chitwood & Harley, an Atlanta law firm that concentrates its practice in representing victims of securities fraud and corporate mismanagement mis·man·age  
tr.v. mis·man·aged, mis·man·ag·ing, mis·man·ag·es
To manage badly or carelessly.



mis·manage·ment n.
, as well as other complex 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.
. Chitwood & Harley has been appointed lead counsel in several major actions throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  in both federal and state courts and has been instrumental in recovering millions of dollars on behalf of investors and shareholders.

If you wish to discuss this action or have any questions concerning this notice or your rights with respect to this matter, you may contact: M. Krissi Temple at (888) 873-3999 (toll-free) or by e-mail at mkt@classlaw.com, CHITWOOD & HARLEY, 2900 Promenade II, 1230 Peachtree Street, N.E., Atlanta, Georgia 30309. For more information about Chitwood & Harley, please visit our website at www.classlaw.com.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 7, 2000
Words:373
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