Shareholders File Suit Against Advanced Technical Products
LITTLE ROCK, Ark., July 11 - The following is an announcement from the law firm of Cauley & Geller, LLP:
The law firm of Cauley & Geller, LLP announced today that a class action lawsuit has been filed in the United States District Court for the Northern District of Georgia on behalf of all persons who purchased Advanced Technical Products, Inc. (Nasdaq:ATPXE) ("Advanced Technical Products" or the "Company") between April 22, 1998 and March 3, 2000 inclusive (the "Class Period").
The complaint charges Advanced Technical Products, its wholly-owned subsidiary Alcore, Inc. ("Alcore") and certain of former officers of Alcore with violations of the federal securities laws by issuing materially false and misleading financial statements concerning Advanced Technical Products. The Company has restated its financial statements for the year-end 1998 and its first three fiscal quarters of 1999. The restatement resulted in a substantial reduction to the Company's previously reported earnings.
Cauley & Geller, LLP has substantial experience in prosecuting class action lawsuits on behalf of investors. The firm has offices in Arkansas, Florida and California, but represents shareholders from throughout the nation. If you wish to serve as one of the lead plaintiffs in this lawsuit you must file the appropriate motion with the court by September 5, 2000. If you have any questions regarding this lawsuit or how you may be able to recover for the losses you have incurred, you are encouraged to visit our website at www.classlawyer.com , or E-mail or call us at:
CAULEY & GELLER, LLP
11311 Arcade Drive, Suite 201
Little Rock, AR 72212
E-mail: CauleyPA@aol.com
1-888-551-9944 - toll free