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Article: Court dismisses Merisel shareholder class action lawsuit.
- Article from:
- Business Wire
- Article date:
- April 7, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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EL SEGUNDO, Calif.--(BUSINESS WIRE)--April 7, 1995--Merisel Inc. (NASDAQ:MSEL) Friday announced that a Federal District Judge has dismissed a shareholder class action lawsuit filed against the company on June 13, 1994.
The suit was filed in connection with the announcement of reduced second-quarter 1994 earnings expectations, which Merisel announced on June 7, 1994. Merisel was represented in the litigation by Wilson, Sonsini, Goodrich & Rosati.
Merisel is the ...