Business Services Industry
Focus Enhancements, Inc. Shareholders With Substantial Losses Have Retained Schiffrin & Barroway, LLP
Business Wire, April 19, 2000
Business Editors/Legal Writers
BALA CYNWYD, Pa.--(BUSINESS WIRE)--April 19, 2000
The following statement was issued today by the law firm of Schiffrin & Barroway, LLP:
Focus Enhancements, Inc. shareholders with substantial losses have retained Schiffrin & Barroway, LLP to investigate securities fraud claims against the company. Earlier this year, investors represented by Schiffrin & Barroway filed a class action lawsuit in the United States District Court for the District of Massachusetts on behalf of all purchasers of the common stock of Focus Enhancements, Inc. (Nasdaq: FCSE ) from April 29, 1999 through March 1, 2000, inclusive (the "Class Period").
The complaint charges Focus Enhancements and certain of its officers and directors with improperly reporting the Company's financial results, including revenues and income, in its public filings with the Securities and Exchange Commission as well as in its press releases throughout fiscal 1999.
If you are a member of the class described above, you may, not later than May 2, 2000, move the Court to serve as lead plaintiff of the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements.
Schiffrin & Barroway has also recently filed actions against the following companies:
Fruit of the Loom (NYSE: FTL) Class Period - 9/28/98 - 11/4/99
Pacific Gateway Exchange, Inc. (Nasdaq: PGEX) Class Period 5/13/99
- 3/31/00
Conseco, Inc. (NYSE: CNC H) Class Period 4/28/99 - 4/5/00
VantageMed Corp. (Nasdaq: VMDC) Class Period 2/15/00 IPO
Safety Kleen Corp. (NYSE: SK) Class Period 7/7/98 - 3/6/00
If you wish to discuss the Focus Enhancements, Inc. action or any of the other actions listed above, contact Schiffrin & Barroway, LLP (Marc A. Topaz, Esq. or Robert B. Weiser, Esq.) toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at info@sbclasslaw.com.
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