Tuesday, April 26, 2005

Roy Jacobs & Associates Announces Class Action Lawsuit Brought On Behalf Of BearingPoint, Inc. Purchasers -- BE

Roy Jacobs & Associates Announces Class Action Lawsuit Brought On Behalf Of BearingPoint, Inc. Purchasers -- BE: "NEW YORK, April 26, 2005 (PRIMEZONE) -- Roy Jacobs & Associates has filed a class action lawsuit on April 26, 2005 in the United States District Court for the Eastern District of Virginia on behalf of all purchasers who purchased BearingPoint, Inc. securities during the period August 14, 2003 to April 20, 2005 (the 'Class Period'). The lawsuit was filed against BearingPoint, Inc. ('BearingPoint' or 'the Company') (NYSE:BE), its former Chairman, Chief Executive Officer, and President Randolph C. Blazer, its former Chief Financial Officer Robert S. Falcone, and BearingPoint's outside auditor, PricewaterhouseCoopers, LLP. The Complaint sets forth allegations that the defendants violated the federal securities laws by defrauding purchasers of BearingPoint securities during the Class Period, as described below." (Full story at link)

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