NEW YORK, Feb. 2, 2001 (PRIMEZONE) -- Investors in Critical Path, Inc. (Nasdaq:CPTH) have retained Shalov Stone & Bonner, a law firm that specializes in the representation of investors in securities litigation, to file a lawsuit after suffering devastating losses from the sudden and shocking disclosure earlier today that the Company's prior financial statements were misleading. The class action, expected to be filed later today, will include all investors who purchased CPTH securities at any time since November 2000. The lawsuit will be filed in the United States District Court for the Northern District of California.
If you would like to participate in this action or would like additional information about the lawsuit, please contact: Shalov Stone & Bonner (Mark J. Nemetz, Legal Assistant), 276 Fifth Avenue, Suite 704, New York, New York 10001, telephone: 212-686-8004, email: mark@lawssb.com