Milberg Weiss Announces Class Action Suit on Behalf of Purchasers of Independent Energy Holdings, PLC American Depository Shares.Business Editors & Legal Writers NEW YORK--(BUSINESS WIRE)--Oct. 4, 2000 The following is an announcement by the law firm Milberg Weiss Bershad Hynes & Lerach LLP LLP - Lower Layer Protocol : The law firm of Milberg Weiss Bershad Hynes & Lerach LLP announces that 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 on October 4, 2000, on behalf of all persons who purchased the American Depository Shares of Independent Energy Holdings, PLC ("IEH IEH Institute for Environment and Health IEH Instituto Euromediterráneo de Hidrotecnia IEH Intermediate Effective Hamiltonian IEH International Extreme-UV Far-UV Hitchhiker IEH Individual Event History " or the "Company") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : INYYQ) pursuant or traceable to the Company's March 28, 2000 secondary offering. A copy of the complaint filed in this action is available from the Court, or can be viewed on Milberg Weiss' website at: http://www.milberg.com/ieh/ The action, numbered 00 CIV JUS AQUAEDUCTUS, CIV. law. The name of a servitude which Lives to the owner of land the right to bring down water through or from the land of another, either from its source or from any other place. 2. 7496, is pending 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, located at 500 Pearl Street, New York, New York 10007 against defendants John L. Sulley, Ian Stewart, Donaldson, Lufkin & Jenrette Securities Corp., Prudential Securities Corp., Johnson Rice & Company, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Burt H. Keenan and Robert E. Jones Robert E. Jones might refer to:
The complaint alleges that defendants violated Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 by issuing a materially false and misleading Registration Statement and Prospectus. As alleged in the Complaint, the Prospectus portrayed IEH as a profitable, growing company with substantial volumes and customers. However, the Company was experiencing significant problems with its collection, accounting and billing practices, which were not adequately disclosed in its Registration Statement and Prospectus. Indeed, the Registration Statement and Prospectus omitted the fact that, prior to the Secondary Offering, Independent Energy's billing practices had been in violation of OFGEM's Codes of Conduct and Codes of Practice. On September 8, 2000, in a press release republished by Bloomberg, the Company announced that trading on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. had been suspended pending clarification of its financial position. The press release was also attached to a Form 6-K filed with the SEC on September 8, 2000. NASDAQ suspended trading later that day. If you bought American Depositary Shares of IEH pursuant or traceable to the Company's March 28, 2000 secondary offering, you may, no later than November 14, 2000, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the 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. . In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Milberg Weiss Bershad Hynes & Lerach LLP, or other counsel of your choice, to serve as your counsel in this action. Milberg Weiss Bershad Hynes & Lerach LLP (http://www.milberg.com) is a 160-lawyer firm with offices in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , San Diego, San Francisco, Los Angeles and Boca Raton and is active in major litigations pending in federal and state courts throughout the United States. Milberg Weiss has taken a leading role in many important actions on behalf of defrauded investors, consumers, and others, and has been responsible for more than $20 billion in aggregate recoveries. Please contact the Milberg Weiss website for more information about the firm. If you wish to discuss this action with us, or have any questions concerning this notice or your rights and interests with regard to the case, please contact the following attorneys: Steven G. Schulman or Samuel H. Rudman One Pennsylvania Plaza, 49th fl. New York, NY, 10119-0165 Phone number: (800) 320-5081 Email: IEHcase@milbergNY.com Website: http://www.milberg.com |
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