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Article: Milberg Weiss Announces Class Action Against Schein Pharmaceutical, Inc.
- Article from:
- PR Newswire
- Article date:
- September 28, 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. 28 /PRNewswire/ -- Milberg Weiss Bershad Hynes & Lerach LLP today issued the following:
Notice is hereby given that a class action lawsuit was filed on September 14, 1998, in the United States District Court for the District of New Jersey on behalf all persons who purchased the common stock of Schein Pharmaceutical, Inc. (NYSE: SHP) ("Schein" or the "Company") pursuant or traceable to the Company's initial public offering (the "Offering") on or about April 9, 1998 (the "Class Period").
The complaint alleges that Schein, certain officers and directors of the Company and the underwriters of the Offering violated Sections 11, 12(a)(2) and ...