Class Action Filed Against Zonagen, Inc.BALA CYNWYD, Pa.--(BUSINESS WIRE)--March 27, 1998--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 on March 26, 1998 in the Southern District of Texas on behalf of all persons who purchased the common stock of Zonagen, Inc. ("Zonagen" or the "Company") in the open market from May 27, 1997 through Jan. 13, 1998, inclusive (the "Class Period"). The complaint charges Zonagen (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 : ZONA) and certain of its officers and directors of the Company with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, by, among other things, issuing to the investing public false or misleading statements concerning the effectiveness and market potential of Vasomax, Zonagen's experimental impotency im·po·tence also im·po·ten·cy n. 1. The quality or condition of being impotent. 2. See erectile dysfunction. impotency 1. a condition of reduced or absent power; weakness. drug. Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Schiffrin Craig & Barroway, LLP LLP - Lower Layer Protocol , who has significant experience and expertise prosecuting class actions on behalf of investors and shareholders. Schiffrin Craig & Barroway, LLP maintains offices in Bala Cynwyd, Pennsylvania Bala Cynwyd is a village in Lower Merion Township which is located in the Main Line in southeastern Pennsylvania, bordering the western edge of Philadelphia. It was originally two separate towns, Bala and Cynwyd, but is commonly treated as a single community. , Buffalo Grove, Illinois This article is about the Chicago suburb, Buffalo Grove, Illinois. For the unincorporated Ogle County community of the same name, see Buffalo Grove, Ogle County, Illinois. and Voorhees, New Jersey and is active in major litigations pending in federal and state courts 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. . If you are a member of the class described above, you may, not later than May 8, 1998, 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 or interests with respect to these matters, please contact Schiffrin Craig & Barroway, LLP (Andrew L. Barroway, Esq.) toll free at 888/299-7706 or 610/667-7706, or via e-mail at classlaw@ix.netcom.com. CONTACT: Schiffrin Craig & Barroway, LLP Andrew L. Barroway, Esq., 888/299-7706 (toll free) or 610/667-7706 e-mail at classlaw@ix.netcom.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion