NEW YORK, Feb. 16, 2006 (PRIMEZONE) -- The following Summary Notice is being reissued by Murray, Frank & Sailer LLP regarding Eagle Building Technologies, Inc. The fairness hearing will be held on April 3, 2006, and not April 13, 2006, as the noticed issued on February 15, 2006 stated. If you have any questions regarding this notice please contact Eric Belfi by calling (212) 682-1818.
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA
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:
IN RE EAGLE BUILDING TECHNOLOGIES, :
INC. SECURITIES LITIGATION : 02-80294-CIV-RYSKAMP
:
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SUMMARY NOTICE OF CLASS ACTION
SETTLEMENT, CONDITIONAL CLASS CERTIFICATION,
AND FAIRNESS HEARING
TO: All persons who purchased shares of the common stock
of Eagle Building Technologies, Inc.("Eagle") during the
period November 21, 2000 to February 14, 2002 (both dates
inclusive) ("Class").
A hearing has been scheduled before this Court on April 3, 2006 to a) consider approval of the proposed settlement of this action for, among other consideration, $750,000, plus $25,000 for notice costs; b) certification of a plaintiff class; c) Class Counsel's application for attorney's fees and reimbursement of expenses; and d) related matters in the above-captioned action brought on behalf of the Class defined above. If you are a member of the Class and did not receive the Notice of Pendency, Proposed Settlement, Conditional Class Certification, and Proof of Claim and Release, please request copies by writing to:
Eagle Building Sec. Litig.
Berdon Claims Administration LLC
P.O. Box 9014
One Jericho Plaza
Jericho, NY 11753-8914
The Notice and Proof of Claim contain important information about the litigation, including the steps you must now take to share in a settlement if it is approved. The Notice and Proof of Claim are also available at www.murrayfrank.com. Proofs of Claim must be filed by May 1, 2006. You may be heard personally or through an attorney at the hearing if you file, by March 20, 2006, with the Court and counsel, papers requesting to do so and setting forth your views.
Please do not contact the Court for information.
Dated: February 15, 2006
By Order of the Court