The Brualdi Law Firm Files Class Action Suit Against Merrill Lynch and Henry M. Blodget

Business Wire, July 9, 2002

Business Editors & Legal Writers

The Brualdi Law Firm filed a lawsuit on June 28, 2002 in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Interliant, Inc. (Nasdaq: INIT) between the period of August 4, 1999 and April 8, 2002, inclusive (the "Class Period"), against Merrill Lynch & Co., Inc. and its former Internet analyst, Henry M. Blodget.

The Complaint alleges that to obtain and enhance Merrill Lynch's lucrative investment banking relationship with Interliant, Inc., Defendants issued analyst reports and positive ratings on Interliant, Inc. which were materially false and misleading in that they were inconsistent with the Defendants' own private assessments of the Company, omitted to disclose material, non-public, adverse information that Defendants possessed about Interliant, Inc. and failed to disclose significant, material conflicts of interest.

The Brualdi Law Firm has developed a national reputation for excellence in the practice of law in the public service. This is reflected in the fact that it has achieved substantial results for plaintiffs in a wide variety of suits and in that Courts, both in its native northeast and throughout the country, have repeatedly chosen it to serve in positions as lead plaintiffs' counsel or in other leadership positions in corporate derivative suits and sophisticated class actions.

If you wish to discuss this action or have any questions concerning this notice or your rights with respect to this matter, please contact Richard B. Brualdi at The Brualdi Law Firm, 29 Broadway, Suite 1515, New York, New York 10006, telephone number (212) 952-0602, fax number (212) 952-0608 or by e-mail at rbrualdi@earthlink.net.