Class Action Commenced by Kirby McInerney & Squire, LLP.NEW YORK--(BUSINESS WIRE)--April 30, 1999-- The following was announced today by the law firm Kirby McInerney & Squire, LLP LLP - Lower Layer Protocol : 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 has been 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. , Southern District of Texas on behalf of all purchasers of Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. ("Compaq") (NYSE NYSE See: New York Stock Exchange : CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ) common stock between January 27, 1999 and February 26, 1999 (the "Class Period"). The Complaint asserts claims under the federal securities laws, including claims for violation of Section 10(b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b-5 of the Securities Exchange Commission, by reason of the material misrepresentations and omissions by Compaq and certain of its officers during the Class Period. Plaintiff seeks to recover damages on behalf of all persons who purchased Compaq common stock during the Class Period, excluding the defendants and their affiliates, and is represented by Kirby McInerney & Squire, LLP, formerly known as Kaufman Malchman Kirby & Squire, LLP., and others. Kirby McInerney & Squire, LLP has specialized in 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. , including securities and consumer class actions for decades. The firm has repeatedly demonstrated its expertise in this field, and has been recognized by various courts which have appointed the firm to major positions in consolidated and multi-district litigation. Kirby McInerney & Squire, LLP's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling hundreds of millions of dollars. The firm's achievements and quality of service have been chronicled in published decisions, and the firm's efforts have been responsible for significant recoveries, or injunctive relief injunctive relief n. a court-ordered act or prohibition against an act or condition which has been requested, and sometimes granted, in a petition to the court for an injunction. , for its clients and class members. If you are a member of the Class described above, you may, not later than March 12, 1999, move the Court to serve as lead plaintiff of the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish to discuss this action, or have any questions concerning this notice or your rights, please contact: Jeffrey H. Squire, Esq. Randall Berger, Esq. KIRBY McINERNEY & SQUIRE, LLP 830 Third Avenue, 10th Floor New York, New York 10022 (212) 317-2300 or Toll Free (888) 529-4787 kms@kmslaw.com (E-mail address) |
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