NEW YORK, Feb. 15, 2002 (PRIMEZONE) -- The following was released today by Bull & Lifshitz, LLP: Notice is hereby given that a securities class action lawsuit was filed against Elan Corporation PLC ("ELN" or the ``Company'') (NYSE:ELN) during the period of April 23, 2001 and January 30, 2002, (the ``Class Period'').
The Complaint alleges that defendants violated the federal securities laws, including Sections 10(b) and 20a of the Securities Exchange Act of 1934, by issuing materially false and misleading information concerning the Company's financial condition and prospects.
Plaintiff seeks to recover damages on his own behalf and on behalf of purchasers of Elan's securities during the Class Period.
If you purchased Elan securities during the Class Period, you may, not later than April 5, 2002, move the court to serve as a lead plaintiff, provided you meet certain legal requirements. If you choose to be a lead plaintiff you will be required to complete a certificate as provided on our website at www.nyclasslaw.com/certification.html.
If you wish to receive a litigation package, discuss this action, any other potential action or have any questions concerning this notice, your rights or interests with respect to this matter, please visit our website at www.nyclasslaw.com/infopackage.html or contact Peter D. Bull, Esq. or Joshua M. Lifshitz, Esq. by email at counsel@nyclasslaw.com. Bull & Lifshitz, LLP has extensive experience in prosecuting investor class actions. For more information regarding Bull & Lifshitz, LLP, please view our website at www.nyclasslaw.com.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.