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Article: Class Action Filed Against Golden Bear Golf and Certain of its Officers and Directors Alleging Violations of Federal Securities Law Announces The Law Office of Leo W. Desmond.
- 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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WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Aug. 27, 1998--The Law Office of Leo W. Desmond announced a putative class action has been filed in the United States District Court for the Southern District of Florida on behalf of purchasers of Golden Bear Golf Inc. ("Golden Bear" or the "Company") common stock during the period April 30, 1997, through June 27, 1998, inclusive (the "Class Period").
The Complaint alleges that Golden Bear and certain of its officers and directors violated the Securities Exchange Act of 1934 by making a series of false and misleading statements concerning the Company's financial results during the Class Period. In particular, it is alleged ...