Class Action Commenced by Kirby Mcinerny & Squire, LLP.NEW YORK--(BUSINESS WIRE)--Jan. 11, 1999--The following was released today by Kirby McInerny & 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. , Western District of Pennsylvania on behalf of all purchasers of Mylan Laboratories, Inc. ("Mylan") (NYSE NYSE See: New York Stock Exchange :MYL MYL Mind Your Language MYL Made You Laugh MYL Miss You Lots MYL Meet You Later MYL Miss You Loads ) common stock between February 17, 1998 and December 5, 1998, inclusive (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 issuance of certain material facts and omissions in statements concerning Mylan business practices, earnings and profitability that were contained in public press releases and filings with the SEC rendering these statements false and misleading. As a result of these false and misleading statements, the market price of Mylan common stock was artificially inflated during the Class Period. Plaintiff seeks to recover damages on behalf of all persons who purchased Mylan common stock during the Class Period, excluding the defendants and their affiliates, and is represented by Kirby McInerny & Squire, LLP. Kirby McInerny 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 McInerny'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 sixty days from January 11, 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. Lewis S. Sandler, Esq. Danielle Feman, Paralegal KIRBY McINERNY & SQUIRE, LLP 830 Third Avenue, 10th Floor 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 , New York 10022 (212) 371-6600 or Toll Free (888) 529-4787 kms@kmslaw.com (E-mail address) |
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