Article: Milberg Weiss and Geller Rudman Investigating Possible Amendment of Pending Class Action Lawsuit Against Concord Camera in Response to Company's Unexpected Disclosure of 2004 $20 Million Loss and 35% Decrease in Revenue.

Business Editors/Legal Writers

NEW YORK--(BUSINESS WIRE)--May 12, 2004

The law firms of Milberg Weiss Bershad & Schulman LLP and Geller Rudman, PLLC, lead counsel for a class of shareholders of Concord Camera securities in Case. No. 02-CV-21154 pending in the United States District Court in Miami, Florida, are investigating a possible amendment of the current consolidated amended complaint in response to Concord Camera's unexpected May 11, 2004 disclosure of widening losses and lower guidance. The Company disclosed that it "expects to lose $19 million to $20 million compared with a profit of $1 million a year ago" and revenue is expected to fall 35% from ...






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