Summary: "The Louisiana School Employees' Retirement System and the
Louisiana Municipal Police Employees' Retirement System (the "Lousiana
Pension Funds") today announced that 3Com Corporation has agreed to pay
$259 million in cash to settle a securities class action on behalf of 3Com
shareholders. The Louisiana Pension funds have served as the principal lead
plaintiffs and were appointed in March 1998 by the U.S.D.C. for the N.D. of
California pursuant to the Private Securities Litigation Reform Act.
The settlement is the second largest settlement ever obtained from a corporate
defendant in a securities fraud class action."