das schöne stück steht gerade bei + 105 % an NASDAQ
NASDAQ: ISDP / FSE: IEE.FSE (hier auch sehr gute stückzahlen)
heutige news (heiße kiste):
Tuesday November 14, 9:00 pm Eastern Time
Press Release
Law Firm Stull, Stull & Brody Announces Class Action Against Interspeed, Inc.
NEW YORK--(BUSINESS WIRE)--Nov. 14, 2000--Notice is hereby given that a class action lawsuit was filed in the United States District Court for the District of Massachusetts on behalf of all persons who purchased the common stock of Interspeed, Inc. (NASDAQ:ISPD - news; ``Interspeed'' or the ``Company'') between October 4, 1999 and October 6, 2000 (the ``Class Period'').
The complaint charges that Interspeed issued materially false and misleading statements concerning its business and financial results that inflated its stock price during the Class Period. Specifically, the lawsuit says Interspeed improperly recorded revenue during the first three quarters of fiscal 2000. On October 6, 2000, the Company announced it ``anticipates'' that its unaudited results for the interim periods will be restated.`` In the same announcement, the Company said its chief executive officer, Stephen Ide, has resigned, and that two other high-level employees had been fired. In the wake of the announcement, Interspeed's stock price fell to as low as $1 from a high of $37 during the Class Period.
The complaint also includes majority shareholder Brookrout, Inc. (Nasdaq:BRKT - news) as a co-defendant. According to the lawsuit, Brooktrout owned a majority interest in Interspeed and controlled its board of directors during the Class Period; therefore, it is responsible for Interspeed's illegal actions as a ``control person'' under Section 20(a) of the U.S. Securities Exchange Act of 1934.
Plaintiff seeks to recover damages on behalf of class members and is represented by, among others, the law firm of Stull, Stull & Brody. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 25 years and has obtained court approval of substantial settlements on numerous occasions.
If you are a member of the class described above, you may, no later than December 11, 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 with respect to these matters, please contact Tzivia Brody, Esq. at Stull, Stull & Brody by calling toll-free 1-800-337-4983, or by e-mail at SSBNY@aol.com, or by fax at 212/490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017.
--------------------------------------------------
Contact:
Stull, Stull & Brody
Tzivia Brody, 1-800-337-4983
SSBNY@aol.com
fax: 212/490-2022
---------------------------
---------------------------
...mir wäre es zu heiß, aber evtl. für zocker interessant
informer2.comdirect.de/de/detail/_pages/...de/suche/main.html" style="max-width:560px" >
NASDAQ: ISDP / FSE: IEE.FSE (hier auch sehr gute stückzahlen)
heutige news (heiße kiste):
Tuesday November 14, 9:00 pm Eastern Time
Press Release
Law Firm Stull, Stull & Brody Announces Class Action Against Interspeed, Inc.
NEW YORK--(BUSINESS WIRE)--Nov. 14, 2000--Notice is hereby given that a class action lawsuit was filed in the United States District Court for the District of Massachusetts on behalf of all persons who purchased the common stock of Interspeed, Inc. (NASDAQ:ISPD - news; ``Interspeed'' or the ``Company'') between October 4, 1999 and October 6, 2000 (the ``Class Period'').
The complaint charges that Interspeed issued materially false and misleading statements concerning its business and financial results that inflated its stock price during the Class Period. Specifically, the lawsuit says Interspeed improperly recorded revenue during the first three quarters of fiscal 2000. On October 6, 2000, the Company announced it ``anticipates'' that its unaudited results for the interim periods will be restated.`` In the same announcement, the Company said its chief executive officer, Stephen Ide, has resigned, and that two other high-level employees had been fired. In the wake of the announcement, Interspeed's stock price fell to as low as $1 from a high of $37 during the Class Period.
The complaint also includes majority shareholder Brookrout, Inc. (Nasdaq:BRKT - news) as a co-defendant. According to the lawsuit, Brooktrout owned a majority interest in Interspeed and controlled its board of directors during the Class Period; therefore, it is responsible for Interspeed's illegal actions as a ``control person'' under Section 20(a) of the U.S. Securities Exchange Act of 1934.
Plaintiff seeks to recover damages on behalf of class members and is represented by, among others, the law firm of Stull, Stull & Brody. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 25 years and has obtained court approval of substantial settlements on numerous occasions.
If you are a member of the class described above, you may, no later than December 11, 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 with respect to these matters, please contact Tzivia Brody, Esq. at Stull, Stull & Brody by calling toll-free 1-800-337-4983, or by e-mail at SSBNY@aol.com, or by fax at 212/490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017.
--------------------------------------------------
Contact:
Stull, Stull & Brody
Tzivia Brody, 1-800-337-4983
SSBNY@aol.com
fax: 212/490-2022
---------------------------
---------------------------
...mir wäre es zu heiß, aber evtl. für zocker interessant
