LOS ANGELES, Nov. 4, 2002 (PRIMEZONE) -- Notice is hereby given that Glancy & Binkow LLP commenced a Class Action lawsuit in the United States District Court for the Southern District of New York on behalf of a class (the "Class") consisting of all persons who purchased securities of Agilent Technologies, Inc. ("Agilent" or the "Company") (NYSE:A) between December 13, 1999 and September 9, 2002, inclusive (the "Class Period").
A copy of the Complaint is available from the court or from Glancy & Binkow LLP. Please contact us to discuss this action or to obtain a copy of the complaint at (310) 201-9161 or Toll-Free at (888) 773-9224, or by e-mail at info@glancylaw.com.
The Complaint charges defendant Credit Suisse First Boston Corporation ("CSFB") with violations of federal securities laws. Among other things, plaintiff claims that defendant's material omissions and the dissemination of materially misleading analyst reports that recommended the purchase of Agilent common stock, and which set price targets for Agilent common stock without any reasonable factual basis, caused Agilent's stock price to become artificially inflated, inflicting damages on investors. The complaint alleges that defendant, in order to obtain investment banking business for CSFB, failed to disclose material, non-public, adverse information which it possessed concerning Agilent and significant, material conflicts of interest which it had concerning the Agilent reports. Defendant's positive reports concerning Agilent significantly and artificially inflated the price of Agilent common stock throughout the Class Period.
Plaintiff seeks to recover damages on behalf of Class members and is represented by Glancy & Binkow LLP, a law firm with significant experience in prosecuting class actions, and substantial expertise in actions involving corporate fraud.
If you are a member of the Class described above, you may move the Court, not later than December 16, 2002, to serve as lead plaintiff, however, you must meet certain legal requirements. If you have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Glancy & Binkow LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, California 90067, by telephone at (310) 201-9161 or Toll Free at (888) 773-9224 or by e-mail to info@glancylaw.com.