BALA CYNWYD, Pa., May 31, 2002 (PRIMEZONE) -- According to Brodsky & Smith, L.L.C., which has filed a class action against Merrill Lynch & Co., shareholders who purchased the common stock Interliant, Inc. ("Interliant" or the "company") (Nasdaq:INIT) between August 4, 1999 and April 8, 2002, inclusive (the "Class Period") have until July 14, 2002 to seek appointment by the Court as one of the lead plaintiffs in this action.
The case is pending in the United States District Court for the Southern District of New York, against the company and certain key officers and directors.
The action charges that defendants violated the federal securities laws and that these practices came to light on April 8, 2002, when after a 10-month investigation, the New York State Attorney General concluded that since 1999, internet research analysts of Merrill Lynch published ratings for internet stocks that were misleading
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased the stock listed above during the class period, you have certain rights. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice.
If you were a purchaser of a stock listed above during the period indicated and want to discuss your legal rights, you may e-mail or call Brodsky & Smith, LLC, who will without obligation or cost to you, attempt to answer your questions. Brodsky & Smith, LLC, has extensive experience in the field of class action. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, 11 Bala Avenue, Bala Cynwyd, PA 19004, by e-mail at JBrodsky@Brodsky-Smith.com or Esmith@Brodsky-Smith.com, or by calling toll free 877-LEGAL-90.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca