Stull, Stull & Brody Announces 401k Breach Of Fiduciary Duty Class Action Against WorldCom, Inc

Business Wire, June 28, 2002

    Business & Legal Editors

    NEW YORK--(BUSINESS WIRE)--June 28, 2002--Stull, Stull & Brody has
filed a 401(k) breach of fiduciary duty class action against WorldCom,
Inc. (NASDAQ:WCOME) on behalf of persons who were participants in and
beneficiaries of the following WorldCom retirement plans at any time
from January 3, 2000 to the present:
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*T

                  The WorldCom, Inc. 401(k) Salary Savings Plan;

                  The MCI Communications Corporation 401(k) Plan
                  (formerly known as MCI Communications 401(k) Plan
                  for Exempt Employees);

                  The Western Union International, Inc. 401(k) Plan
                  for Collectively Bargained Employees;

                  The Skytel Communications, Inc. Employee Retirement
                  Plan and Trust; and

                  The IDB Communications Group, Inc. 401(k) Savings
                  and Retirement Plan ("Plans").

    The complaint, which was filed in the United States District Court
for the Southern District of Mississippi, alleges that WorldCom, its
former chief executive officer Bernard J. Ebbers, its former chief
financial officer Scott D. Sullivan and other Plan fiduciaries
breached their fiduciary duties under the federal ERISA statute by,
among other things, concealing from Plan participants and
beneficiaries material information with respect to WorldCom's
business, financial results and operations. Stull, Stull & Brody may
amend the complaint as further information becomes available
concerning the materially inaccurate financial reporting recently
acknowledged by current management of WorldCom.
    If you wish to discuss this action or have any questions
concerning this notice or your rights or interests with respect to
these matters, please contact Edwin J. Mills, Esq. or Tzivia Brody,
Esq. at Stull, Stull & Brody by calling toll-free 1-800-337-4983, or
by e-mail at SSBNY@aol.com, or by fax at 212/490-2022, or by writing
to Stull, Stull & Brody, 6 East 45th Street, Suite 500, New York, NY
10017.

    --30--jtp/ny*

    CONTACT: Stull, Stull & Brody
             Edwin J. Mills, Esq. or Tzivia Brody, Esq.
             1-800-337-4983
             SSBNY@aol.com

    TICKERS: NASDAQ:WCOME
    KEYWORD: NEW YORK
    INDUSTRY KEYWORD: CLASS ACTION LAWSUITS
    SOURCE: Stull, Stull & Brody