Stull, Stull & Brody Announces Update On Class Action Against Brightpoint, Inc. - 11/14/2001

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Copyright © 2001
Stanford Law School

2001 News and Press Releases

Current News News 2001


HEADLINE ARCHIVED:

Stull, Stull & Brody Announces Update On Class Action Against Brightpoint, Inc.
By: Michael D. Braun


Business Wire. November 14, 2001

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Excerpt: On June 23, 1999, Stull Stull & Brody filed a class action lawsuit in the U.S. District Court for the Southern District of Indiana on behalf of purchasers of Brightpoint, Inc. ("Brightpoint") (NASDAQ:CELL) common stock. The complaint alleged that defendants made false and misleading statements regarding the financial condition of the Company, including material misrepresentations regarding the discontinuance of Brightpoint's trading division. After nearly two years of litigation, the Court dismissed the complaint.

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