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Article: Milberg Weiss Announces Ciena Corporation Named In Securities Class Action.
- Article from:
- Business Wire
- Article date:
- August 27, 1998
CopyrightCOPYRIGHT 1998 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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NEW YORK--(BUSINESS WIRE)--Aug. 27, 1998--Milberg Weiss announces that notice is hereby given that a class action lawsuit was filed August 26, 1998, in the United States District Court for the District of Maryland on behalf of all persons who purchased the common stock of Ciena Corporation (NASDAQ:CIEN) ("Ciena" or the "Company"), between May 21, 1998, and August 21, 1998, inclusive (the "Class Period").
The complaint charges Ciena and certain officers and directors of the Company during the relevant time period with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The complaint alleges that defendants issued a series of materially ...