NEW YORK, Dec. 10, 2002 (PRIMEZONE) -- According to Pomerantz Haudek Block Grossman & Gross LLP, (www.pomerantzlaw.com), which has filed a class action lawsuit against Credit Suisse First Boston Corporation ("CSFB") and Elliott Rogers ("Rogers"), a Managing Director and Senior Analyst in the Global Technology Group of CSFB, on behalf of investors who purchased the common stock of Agilent Technologies, Inc. ("Agilent" or the "Company") (NYSE:A) during the period from December 13, 1999 through September 9, 2002, inclusive (the "Class Period"), investors have six (6) more days to seek appointment by the Court as one of the lead plaintiffs in this action.
The lawsuit, filed in the United States District Court for the Southern District of New York, charges that defendants issued false and misleading analyst reports on Agilent in a bid to win or maintain lucrative banking and advisory work from the Company. In particular, the complaint alleges that CSFB issued analyst reports regarding Agilent that recommended the purchase of Agilent common stock. However, such analyst reports were false and misleading because they conflicted with defendants' privately expressed doubts and failed to disclose that defendants' coverage and ratings of Agilent were not independent and objective, but instead were biased and a marketing tool for CSFB to maintain and enhance its investment banking business with Agilent. As a result of CSFB's false and misleading analyst reports, Agilent common stock traded at artificially inflated levels during the class period.
If you purchased the common stock of Agilent during the Class Period, you have until December 16, 2002 to ask the Court to appoint you as lead plaintiff for the Class. To serve as lead plaintiff, you must meet certain legal requirements. If you wish to review a copy of the Complaint, to discuss this action or have any questions, please contact Andrew G. Tolan, Esq. of the Pomerantz firm at 888-476-6529 (or (888) 4-POMLAW), toll free, or at agtolan@pomlaw.com by e-mail. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca