Law Office of Weiss & Yourman Announces Class Action Lawsuit Against Conseco, Inc.Business Editors, Legal WritersNEW YORK--(BUSINESS WIRE)--April 12, 2000 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 against Conseco Conseco (NYSE: CNO), originally Security Life of Indiana, is a financial services organization based in Carmel, Indiana. Conseco's insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than 4 million customers in the , Inc. ("Conseco" or the "Company")(NYSE NYSE See: New York Stock Exchange :CNC (Computerized Numerical Control) See numerical control. CNC - Collaborative Networked Communication ) and its senior executives was commenced in the United States District Court for the Southern District of Indiana The U.S. District Court for the Southern District of Indiana was created in 1928 by an act of Congress that split Indiana into two separate districts, northern and southern. seeking to recover damages on behalf of defrauded investors who purchased Conseco securities. If you purchased Conseco shares between April 28, 1999 and April 5, 2000, please read this notice. The complaint charges Conseco and its top executives with violations of the antifraud provisions of the Securities Exchange Act of 1934. The complaint alleges that defendants issued false and misleading statements concerning its subsidiary Conseco Finance, which was formerly known as Green Tree Financial Corporation ("Green Tree"), and the value of Green Tree's portfolio of interest-only securities. Plaintiff is represented by Weiss & Yourman, a law firm possessing significant experience and expertise in prosecuting class actions on behalf of defrauded shareholders in federal and state courts throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Weiss & Yourman has been appointed by numerous courts to serve as lead counsel in class action lawsuits and in that capacity has recovered hundreds of millions of dollars on behalf of investors. If you purchased Conseco securities during the period of April 28, 1999 and April 5, 2000, you may move the court no later than June 6, 2000, to serve as a lead plaintiff of the class. In order to serve as a lead plaintiff, you must meet certain legal requirements. You do not need to seek appointment as a lead plaintiff in order to share in any recovery. If you wish to receive an investor package or if you wish to discuss this action, have any questions concerning this notice or your rights or interests with respect to this matter, or if you have any information you wish to provide to us, please contact: |
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