NEW YORK, Jan. 13, 2003 (PRIMEZONE) -- Bull & Lifshitz, LLP announced the following:
Notice is hereby given that on January 10, 2003, a securities class action lawsuit was filed in the United States District Court for the Northern District of Texas against Hotels.com (the "Company") (Nasdaq:ROOM) on behalf of all purchasers of the securities of Hotels.com, Inc. between October 23, 2002 and January 6, 2003 (the "Class Period").
If you purchased Hotel.com, Inc. securities during the Class Period, then you may, no later than March 11, 2003, move the court to serve as a lead plaintiff, with provided you meet certain legal requirements. You may contact Bull & Lifshitz, LLP at (212) 213-6222 to see if you qualify or have any questions.
The complaint charges Hotels.com, Inc. and some of its directors and officers with violating securities laws which artificially inflated the Company's stock and led to large profits of Company insiders, at the expense of other Hotels.com, Inc. investors.
Plaintiff seeks to recover damages on behalf of all purchasers or acquirers of ROOM securities during the Class Period. Plaintiff is represented in this class action by the New York law firm of Bull & Lifshitz, LLP. Bull & Lifshitz, LLP has extensive experience in litigating investor class actions. For more information regarding Bull & Lifshitz, LLP, please view our website at www.nyclasslaw.com.
If you wish to discuss this action, or have any inquiries concerning this notice of your rights or interests with respect to this matter, please contact Bull & Lifshitz, LLP via telephone at (212) 213-6222, via fax at (212) 213-9405 or by email at www.nyclasslaw.com
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca