NEW YORK, Jan. 21, 2004 (PRIMEZONE) -- Parker & Waichman (www.worldcomstockfraud.com) has re-launched www.worldcomemployeelawsuit.com and is urging all current and former WorldCom (Pink Sheets:WCOEQ) (Pink Sheets:MCWEQ) (Pink Sheets:MCIAV) and MCI employees that received stock options to evaluate their legal options. Current and former WorldCom and MCI employees can request a free lawsuit case evaluation by visiting www.worldcomemployeelawsuit.com. The site also contains detailed information on the alleged misconduct of Salomon Smith Barney and MCI WorldCom.
Parker & Waichman's team has filed hundreds of individual claims against Salomon Smith Barney, now operating as Citigroup Global Markets, a unit of Citigroup, Inc (NYSE:C) on behalf current and former WorldCom and MCI employees. These current and former employees have suffered financially from the fraudulent and inappropriate advice of Salomon Smith Barney. Former Salomon Smith Barney analyst Jack Grubman is also named in the claims. Salomon Smith Barney acted as MCI WorldCom's 401k administrator.
Current and former WorldCom and MCI shareholders that were never employed by WorldCom or MCI, can request a free case evaluation at www.worldcomstockfraud.com and www.worldcomclassaction.com. Current and former WorldCom and MCI shareholders and employees can also visit these sites to view and download the WorldCom class action opt-out form, "Notice of Class Action." Shareholders have until February 20, 2004 to opt-out of the class action lawsuit that was certified last year. Parker & Waichman encourages shareholders to request a free case evaluation before deciding to opt-out of the class action. Current and former WorldCom and MCI shareholders who do not specifically "opt-out" of the class action by filing the required form or information are automatically included in the class action lawsuit.
For more information on Parker & Waichman, LLP please visit http://www.yourlawyer.com or call 1-800-LAW-INFO. Current and former shareholders are also encouraged to visit http://www.injurytalk.com.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca