Faruqi & Faruqi, LLP Announces Filing of Class Action Against Box Hill Systems Corp.NEW YORK--(BUSINESS WIRE)--December 9, 1998--Faruqi & Faruqi that a Class Action has been commenced 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. for the Southern District of 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 on behalf of all purchasers of Box Hill Systems Corp. (NYSE NYSE See: New York Stock Exchange : BXH) common stock in its initial public offering or in the period between September September: see month. 16, 1997 and January 8, 1998, inclusive (the "Class Period"). The Complaint charges Box Hill, certain of its officers and directors, and the underwriters of its initial public offering with violations of the federal securities laws. The Complaint alleges that defendants materially misrepresented the Company's business condition and failed to disclose material facts concerning declines in sales growth that were resulting from increased competition in Box Hill's largest business segments. Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Faruqi & Faruqi, LLP LLP - Lower Layer Protocol , a law firm with extensive experience in prosecuting class actions, and significant expertise in actions involving corporate fraud. If you purchased Box Hill common stock during the Class Period, you may, not later than 60 days from December 4, 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, please contact: NADEEM FARUQI LUBNA M. FARUQI STACEY J. DANA FARUQI & FARUQI, LLP 415 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. New York, NY 10017 212/986-1074 or toll-free 877/247-4292 e-mail (FaruqiLaw@aol.com) |
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