Deadline for Lead Plaintiff Nears for Carnegie International Corp. Shareholders Hoffman and Edelson Announces.DOYLESTOWN, Pa.--(BUSINESS WIRE)--Aug. 6, 1999-- The following is an announcement by Hoffman & Edelson (877/537-6532 toll free). Hoffman & Edelson filed 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 in the United States District Court for the District of Maryland The United States District Court for the District of Maryland is the Federal district court whose jurisdiction is the state of Maryland. Notable judges in this district include William Paca, a signer of the United States Declaration of Independence. on behalf of investors who bought Carnegie International The Carnegie International is the oldest North American exhibition of contemporary art from around the globe. It was first organized at the behest of industrialist and philanthropist Andrew Carnegie in 1896. Corp. (AMEX AMEX See: American Stock Exchange :CGY cGy centigray. ) ("Carnegie" or the "Company") securities between October 28,1998 and April 30, 1999 (the "Class Period"). The lawsuit charges Carnegie and several of its top officers with violations of the securities laws and regulations of the United States. On April 30, 1999, the last day of the Class Period, trading in Carnegie was suspended by the AMEX and has not yet resumed. It was only after trading was suspended that the investing public learned that the SEC had rejected Carnegie's financial statements on March 29, 1999 and again on April 29, 1999, during the Class Period. Plaintiff seeks to recover damages on behalf of all class members and is represented by the law firm of Hoffman & Edelson. If you purchased or otherwise acquired Carnegie securities during the Class Period described above, you may, no later than August 13, 1999, move the Court to serve as lead plaintiff. To serve as lead plaintiff you must meet certain legal requirements. Hoffman & Edelson represents individuals and business entities in consumer, antitrust and securities fraud 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. . If you wish to discuss this action or have any questions, please contact Marc H. Edelson or Jerold B. Hoffman at Hoffman & Edelson, 45 W. Court Street, Doylestown, PA 18901 at 877/537-6532 (toll free), fax number 215/230-8735 or by e-mail at Hofedlaw@aol.com. |
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