Faruqi & Faruqi, LLP Files Class Action Lawsuit Against Aurora Foods, Inc.

Business Editors & Legal Writers

NEW YORK--(BUSINESS WIRE)--March 3, 2000

The following announcement was issued by the law firm of Faruqi & Faruqi, LLP.

Notice is hereby given that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of all purchasers of Aurora Foods, Inc. (NYSE: AOR) ("Aurora" or the "Company") common stock between April 28, 1999, and February 17, 2000, inclusive (the "Class Period").

The Complaint charges Aurora and certain of its executive officers with violations of the federal securities laws, including Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. Among other things, plaintiff claims that defendants issued to the investing public financial statements and press releases concerning Aurora's financial condition and performance that were false, misleading and deceptive because they failed to conform to mandatory Securities and Exchange Commission ("SEC") guidelines and Generally Accepted Accounting Procedures ("GAAP"). As a result, the price of Aurora's common stock was inflated throughout the Class Period.

Plaintiff seeks to recover damages on behalf of all purchasers of Aurora common stock during the Class Period, excluding the defendants and their affiliates. Plaintiff is represented by the law firm of Faruqi & Faruqi, LLP, a law firm with extensive experience in prosecuting class actions, and significant expertise in actions involving corporate fraud.

If you purchased Aurora common stock during the Class Period, you may, not later than 60 days from February 22, 2000, 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: