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.