The Law Firm of Abbey, Gardy & Squitieri, LLP Announces Pendency of Class Action Against American Bank Note Holographics, Inc.NEW YORK--(BUSINESS WIRE)--Jan. 19, 1999-- The following statement was issued today by the law firm of Abbey, Gardy & Squitieri, LLP LLP - Lower Layer Protocol : Notice is hereby given 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 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 the common stock of American Bank Note Holographics, Inc. (NYSE NYSE See: New York Stock Exchange :ABH ABH Actual Bodily Harm ABH American Board of Hypnotherapy ABH Anywhere But Here (fan fiction mode) ABH Agentschap voor Buitenlandse Handel ABH Aviation Boatswain's Mate (aircraft handling) ) between July 15, 1998 through January 15, 1999 (the "Class Period"). The Complaint alleges that ABH and certain of its officers violated vi·o·late tr.v. vi·o·lat·ed, vi·o·lat·ing, vi·o·lates 1. To break or disregard (a law or promise, for example). 2. To assault (a person) sexually. 3. Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Among other things, the complaint alleges that defendants issued a series of materially false and misleading statements regarding ABH's financial condition and results of operations by overstating revenues for at least the second and third quarters of fiscal 1998. The Complaint alleges that plaintiff and the Class purchased ABH common stock at artificially inflated prices as a result of defendants' materially false and misleading statements and omissions. Plaintiff seeks to recover damages on behalf of all purchasers of ABH common stock during the Class Period who were damaged by defendants' conduct, excluding the defendants and their affiliates. Plaintiff is represented by Abbey, Gardy & Squitieri, LLP, a law firm with extensive experience in prosecuting class actions, and significant expertise in actions involving corporate fraud. If you are a member of the class described above, you may, not later than 60 days from today, 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: Mark Gardy Nancy Kaboolian (nkaboolian@a-g-s.com) ABBEY, GARDY & SQUITIERI, LLP (800) 889-3701 (toll free) or (212) 889-3700 |
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