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Class Action Against Amplidyne Inc., AMPD Brought By Kantrowitz, Goldhamer & Graifman.


NEW YORK--(BUSINESS WIRE)--Sept. 21, 1999--

The following is an announcement from the law firm of Kantrowitz, Goldhamer & Graifman:

Notice is hereby given that a lawsuit has been filed by the law firm of Kantrowitz, Goldhamer & Graifman, of Montvale, New Jersey Montvale is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 7,034.

Montvale was incorporated as a borough on August 31, 1894, from portions of both Orvil Township and Washington Township, at the height
 and two other firms on behalf of Plaintiffs and a proposed class of former shareholders of Amplidyne am·pli·dyne  
n.
A rotating magnetic amplifier with specialized windings that allow small changes in power input to produce large changes in power output.



[Originally a trademark.]
, Inc. (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
: AMPD AMPD Alisveris Merkezleri ve Perakendeciler Dernegi (Turkish Council of Shopping Centers and Retailers)
AMPD Adenosine Monophosphate Deaminase
AMPD Average Miles Driven Per Day
AMPD Atomic and Molecular Physics Division
) against Amplidyne, Inc. ("Amplidyne") and certain officers and directors for the class period September 9, 1999 through September 14, 1999 ("Class Period"), in the U.S. District Court of New Jersey where Amplidyne maintains its U.S. headquarters.

The complaint alleges that Amplidyne and certain officers and directors violated 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, by making false and misleading statements concerning the company's products, its revenue and financial condition. As a result of these alleged violations, the price of common shares of Amplidyne was artificially inflated during the Class Period.

Plaintiffs seek to recover damages on their own behalf and on behalf of the Class and are represented by the law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 of Kantrowitz, Goldhamer & Graifman, Weiss & Yourman and Stull stull  
n.
1. A supporting timber or other prop in a mine.

2. A platform braced against the sides of a working area in a mine.
 Stull & Brody. Each of these firms have significant experience successfully prosecuting complex securities fraud class actions on behalf of defrauded investors.

If you were a holder of Amplidyne shares during the Class Period, you may, not later than sixty (60) days from September 17, 1999, move the court to serve as lead plaintiff, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. You can see more information concerning this lawsuit on Kantrowitz, Goldhamer & Graifman's website: www.kgglaw.com.

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: Gary S. Graifman at Kantrowitz, Goldhamer & Graifman toll-free at 800/660-7843 or via internet e-mail at KGLAW1@aol.com or by writing, Kantrowitz, Goldhamer & Graifman, 111 Chestnut Ridge Chestnut Ridge may refer to:
  • Chestnut Ridge, New York, United States
  • Chestnut Ridge people, Melungeon community residing just northeast of Philippi, West Virginia, USA
  • the western-most ridge of Pennsylvania’s Allegheny Mountains
 Road, Montvale, New Jersey 07645; or by contacting Joseph Weiss, Esq. at Weiss & Yourman by calling toll free at 888/593-4771 or via internet e-mail at WYNYC@aol.com or by contacting Jules Brody at Stull Stull & Brody by calling toll-free 800/337-4983, or via internet e-mail at SSBNY@aol.com
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 21, 1999
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