Law Firm Stull, Stull and Brody Announces Settlement Hearing Concerning Class Action Lawsuit Against Foamex International, Inc

Business Wire, Oct 25, 2000

     Business Editors, Legal Writers

       NEW YORK--(BUSINESS WIRE)--Oct. 25, 2000--The following is an
announcement by the law firm of Stull, Stull and Brody:

      United States District Court Southern District of New York
         In Re Foamex Securities : 99 CV 3004 (DC) Litigation

                   Summary Notice of Class Action,
               Proposed Settlement and Hearing Thereon

       To: All Persons and Entities Who Purchased the Common Stock of
     Foamex International, Inc. From May 7, 1998 Through and Including
     April 16, 1999 ("the Class")

       YOU ARE HEREBY NOTIFIED that a hearing shall be held before the
Honorable Denny Chin, United States District Judge, on January 11,
2001 at 9:15 a.m. in Courtroom 11A of the United States District Court
for the Southern District of New York, 500 Pearl Street, New York, New
York 10007, to determine whether an order should be entered (i)
certifying this action as a class action on behalf of the
above-defined Class for settlement purposes; (ii) finally approving
the proposed settlement of the claims asserted by Plaintiffs in this
Action against Defendants Foamex International, Inc., Trace
International Holdings, Inc., Andrea Farace, Marshall S. Cogan and
John A. Feenan on the terms set forth in the Stipulation of Settlement
dated August 23 , 2000 (the "Settlement"); (iii) dismissing this
Action with prejudice; and (iv) awarding counsel fees and
reimbursement of expenses to counsel for Plaintiffs and the Class.
       If you are a member of the Class and have not yet received the
"Notice of Class Action, Proposed Settlement and Hearing Thereon,"
which more completely describes the terms of the proposed Settlement
and your rights thereunder, you should obtain a copy by contacting:
*T

                         Claims Administrator
                  In re Foamex Securities Litigation
                      c/o David Berdon & Co. LLP
                            P.O. Box 3218
                        Grand Central Station
                          New York, NY 10163
                      Telephone: (800) 766-3330
                         Fax: (212) 702-0138
                   Website: www.dberdon.com/claims

       If you have any questions regarding this litigation you may also
contact Lead Counsel for Plaintiffs and the Class: Edwin J. Mills,
Esq., Stull, Stull and Brody, 6 East 45th Street, New York, NY 10017
(212/687-7230).

                  PLEASE DO NOT CONTACT THE COURT OR
                  THE CLERK'S OFFICE FOR INFORMATION

Dated: October 25, 2000

Clerk of the Court
United States District Court
Southern District of New York

     --30--lp/ny*

     CONTACT: Stull, Stull and Brody, New York
              Edwin J. Mills, Esq., 212/687-7230

     KEYWORD: NEW YORK
     INDUSTRY KEYWORD: CLASS ACTION LAWSUITS