Class Action filed against Centennial Technologies Inc. and others.NEW YORK--(BUSINESS WIRE)--February 27, 1997--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 in the United States District Court for the District of Massachusetts The United States District Court for the District of Massachusetts is the Federal district court whose jurisdiction is the Commonwealth of Massachusetts. The first court session was held in Boston in 1789. on behalf of a class (the "Class") consisting of all persons or entities who purchased or otherwise acquired the securities of Centennial Technologies Inc. ("Centennial" or the "Company") during the time period of August 21, 1996, through and including February 10, 1997 (the "Class Period"). The complaint charges Centennial and others with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The Complaint alleges that Centennial issued materially false and misleading financial statements which materially overstated o·ver·state tr.v. o·ver·stat·ed, o·ver·stat·ing, o·ver·states To state in exaggerated terms. See Synonyms at exaggerate. o the financial condition of Centennial, causing the price of Centennial securities to be artificially inflated at all relevant times, and injuring investors. Plaintiffs seek to recover damages on behalf of all Class members and are represented by, among others, the law firm of Milberg Weiss Founded in 1965 by attorneys Larry Milberg and Melvyn I. Weiss, Milberg Weiss (formerly known as Milberg Weiss & Bershad LLP) is a U.S. plaintiffs' law firm. Based in New York City, it is widely known for representing investors in securities class actions. Bershad Hynes & Lerach LLP LLP - Lower Layer Protocol ("Milberg Weiss"). Milberg Weiss is active in major litigations pending in federal and state courts throughout the United States and has substantial experience and expertise prosecuting class actions. For additional information about Milberg Weiss, see the firm's website at http://www.milberg.com This notice is being provided for informational purposes. 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 Milburg Weiss at One Pennsylvania Plaza, 49th 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 10119-0165, by telephone at 1-800-922-0187, or via Internet electronic mail at classact@microweb.com CONTACT: Milberg Weiss Bershad Hynes & Lerach LLP Steven G. Schulman, Esq. 1-800-922-0187 |
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