| Company: | Asconi Corp. |
| Ticker Symbol: | AMEX: ACD |
| Class Period: | May 15, 2003 to March 23, 2004 |
| Court: | Middle District, FL |
| Date Filed: | Apr-16-04 |
| Lead Plaintiff Deadline: | Jun-17-04 |
| Allegations: |
A class action was commenced on behalf of all persons who purchased the securities of Asconi Corp. (AMEX: ACD) in the period from May 15, 2003 to March 23, 2004.
The complaint alleges that the defendants made material misrepresentations and omissions of material facts concerning the company's business performance during the relevant time. According to the complaint, throughout the relevant time period, defendants misrepresented the financial condition of the Asconi and failed to disclose certain related party transactions, thereby overstating the financial condition of Asconi. The company has delayed the filing of its annual Report on Form 10-K with the SEC, its stock price has collapsed and the stock has ceased trading. The lawsuit was filed in the United States District Court for the Middle District of Florida.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
The complaint alleges that the defendants made material misrepresentations and omissions of material facts concerning the company's business performance during the relevant time. According to the complaint, throughout the relevant time period, defendants misrepresented the financial condition of the Asconi and failed to disclose certain related party transactions, thereby overstating the financial condition of Asconi. The company has delayed the filing of its annual Report on Form 10-K with the SEC, its stock price has collapsed and the stock has ceased trading. The lawsuit was filed in the United States District Court for the Middle District of Florida.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
If you feel you qualify for damages or remedies that might be awarded in this class action please fill in our form on the right to submit your complaint.
If your injustice does not match the complaint described above, please use this form to register your complaint. Thank you.
