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Article: Milberg Weiss Announces Class Action Against Alcatel Alsthom.
- Article from:
- PR Newswire
- Article date:
- September 23, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. 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, Sept. 23 /PRNewswire/ -- The following is being issued today by Milberg Weiss Bershad Hynes & Lerach LLP:
Notice is hereby given that a class action lawsuit was filed on September 18, 1998, on behalf all persons who exchanged their DSC Communications Inc. (Nasdaq: DIGI) stock for the American Depository Receipts (the "ADRs") of Alcatel Alsthom (NYSE: ALA) ("Alcatel" or the "Company") pursuant to a registration statement (the "Registration Statement") and proxy statement/prospectus issued on or about July 28, 1998, in connection with the acquisition of DSC by Alcatel.
The complaint alleges that the Registration Statement was materially false ...