NEW YORK, June 9, 2004 (PRIMEZONE) -- The following statement was issued today by Squitieri & Fearon, LLP:
A class action has been filed in the United States District Court for the Southern District of New York on behalf of persons who purchased or otherwise acquired securities of The Bisys Group, Inc.("Bisys" or the "Company") (NYSE:BSG) during the period from October 23, 2000 through May 17, 2004.
If you wish to discuss your rights, please contact Stephen J. Fearon, Jr. of Squitieri & Fearon, LLP at (212) 421-6492 or by e-mail at Stephen@sfclasslaw.com.
The lawsuit charges that defendants violated the federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period which artificially inflated the price of the Company's securities.
If you purchased the Bisys securities during the period from October 23, 2000 through May 17, 2004 you have until July 19, 2004 to ask the court to appoint you as a lead plaintiff.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact:
Squitieri & Fearon, LLP Stephen J. Fearon, Jr. 32 East 57th Street 12th Floor New York, NY 10175 (212) 421-6492 Stephen@sfclasslaw.com
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca