NEW YORK, Feb. 13, 2003 (PRIMEZONE) -- Notice is hereby given that a securities class action lawsuit was filed in the United States District Court for the Northern District of California on behalf of purchasers of Monterey Pasta Company ("Monterey Pasta" or the "Company") (Nasdaq:PSTA) common stock (the "Class") between July 11, 2002 and December 16, 2002, inclusive (the "Class Period").
If you purchased Monterey Pasta securities during the Class Period, then you may, no later than 60 days from today, move the court to serve as a lead plaintiff, provided you meet certain legal requirements. To serve as a Lead Plaintiff, you will be required to sign the Certification, as provided on our website at www.nyclasslaw.com/join.html.
The Complaint alleges that defendant violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by issuing a series of material misrepresentations to the market between July 11, 2002 and December 16, 2002, thereby artificially inflating the price of Monterey Pasta securities.
Plaintiff seeks to recover damages on behalf of all purchasers or acquirers of Monterey Pasta securities during the Class Period. Plaintiff is represented in this class action by the law firm of Bull & Lifshitz, LLP. Bull & Lifshitz, LLP has extensive experience in litigating investor class actions. For more information regarding Bull & Lifshitz, LLP, please view our website at www.nyclasslaw.com.
For an information package (www.nyclasslaw.com/infopackage.html) or if you wish to discuss this action, or have any questions concerning this notice of your rights or interests with respect to this matter, please contact Bull & Lifshitz, LLP via telephone at (212) 213-6222, via fax at (212) 213-9405 or by email at counsel@nyclasslaw.com.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.