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Article: LeBlanc & Waddell, LLC Announces Class Action Lawsuit Against Network Associates, Inc.
- Article from:
- Business Wire
- Article date:
- February 13, 2001
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Business Editors & Legal Writers
BATON ROUGE--(BUSINESS WIRE)--Feb. 13, 2001
The law firm of LeBlanc & Waddell, LLC, (http://www.lw-law.net) announced that a Class Action Complaint has been filed against Network Associates, Inc. (Nasdaq:NETA), accusing the company of inflating its stock price by improperly booking revenue.
The class action, filed in the United States District Court for the Northern District of California, seeks damages for violations of federal securities laws on behalf of all investors who bought Network Associates common stock between July 19, 2000 and Dec. 26, 2000.
Network Associates is a Santa Clara-based provider ...