Class Action Filed On Behalf Of Dreyfus Aggressive Growth Investors.NEW YORK--(BUSINESS WIRE)--Aug. 7, 1998--On June 19, 1998, a class action was commenced on behalf of investors in the Dreyfus Aggressive Growth Fund and Premier Aggressive Growth Fund Aggressive Growth Fund A mutual fund that attempts to achieve the highest capital gains. Investments held in these funds are companies that demonstrate high growth potential with usually a lot of share price volatility. These funds are only for non risk-adverse investors willing to accept a high risk-return trade-off.Notes: Aggressive growth funds have large betas, which means they have a large positive correlation with the stock market. against Dreyfus Corp.,
Michael L. Schonberg and others alleging violations of the Investment
Company Act of 1940, breaches of fiduciary duties and misrepresentation.The complaint alleges, among other things, that Schonberg enjoyed an undisclosed relationship with the New York City brokerage of Janssen-Meyers Associates which was exploited to the benefit of Schonberg at the expense of the funds' investors. Since 1996, the funds have consistently performed poorly as a result of defendants' misbehavior, according to the complaint. Plaintiffs are represented by the law firm of Shalov Stone & Bonner, which has extensive experience in the prosecution of class actions on behalf of investors. For more information about the firm, please visit our website at: www.lawssb.com If you would like to participate inthis action or would like additional information about the lawsuit, please contact Shalov Stone & Bonner (Ralph M. Stone), 70 West 36th Street, Suite 1404, New York, New York 10018, telephone: 212-268-2727, email: tenbfive@aol.com.
CONTACT: Shalov Stone & Bonner, New York
Ralph M. Stone
212/268-2727
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