September 1, 2000

Emulex shareholders file lawsuit against news sites

Author: JT Smith

A class-action was filed Thursday on behalf of Emulex shareholders who sold common stock or call options or bought put options based on information contained in a hoax press release. The lawsuit was filed against Internet Wire, which published the press release at its Web site, and Bloomberg, a news wire that wrote stories based on the hoax information, InfoWorld reports.

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