NEW YORK, Feb. 27, 2003 (PRIMEZONE) -- Notice is hereby given that class actions have been filed against Atmel Corporation ("Atmel" or the "Company") (Nasdaq:ATML) and that Bull & Lifshitz, LLP has also filed a shareholder derivative action lawsuit on behalf of the Company.
If you own Atmel securities your rights may be affected. You may move either court in either action to serve as a lead plaintiff, provided you meet certain legal requirements. To serve as a Lead Plaintiff, we require certain information as provided on our website at www.nyclasslaw.com/join.html. To benefit in the recovery from either action, you need not become a Lead Plaintiff.
The Complaints allege, generally, that defendants breached their fiduciary duties by issuing a series of material misrepresentations to the market between January 20, 2000 and July 31, 2002, thereby artificially inflating the price of Atmel securities.
Plaintiff in the derivative action seeks to recover damages on behalf of the Company from its respective directors. Plaintiff is represented in this 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