FOX & KILSHEIMER LLP FILES
SECURITIES FRAUD CLASS ACTION
AGAINST EMULEX CORPORATION.
NEW YORK – – Kaplan Fox & Kilsheimer LLP (www.KaplanFox.com) has filed a class action against Emulex Corporation and certain of the Company’s officers and
directors in the United States District Court for the Central District of California Southern Division. The suit is brought on behalf of all persons or entities who
purchased the common stock of Emulex Corporation (“Emulex”) (NASDAQ: EMLX) between January 18, 2001 and February 9, 2001 inclusive (the “Class Period”).
The complaint charges Emulex and certain of its officers and
directors with violations of the Securities Exchange Act of 1934. Emulex is a designer, developer and supplier of a line of Fibre Channel host adapters, hubs, ASICs
and software products that provide connectivity solutions for Fibre Channel storage area networks (SAN), network attached storage (NAS) and RAID. The complaint alleges
that during the class period, defendants made false and misleading statements regarding the Company’s financial results and business. As a result, the price of Emulex
common stock traded at artificially inflated levels, permitting defendants to sell $40.36 million worth of their Emulex shares.
Plaintiff seeks to
recover damages on behalf of the Class and is represented by Kaplan Fox & Kilsheimer LLP. Our firm, with offices in New York and San Francisco, has many years
of experience in prosecuting investor class actions and actions involving financial fraud. For more information about Kaplan Fox & Kilsheimer LLP, you may visit
our website at www.KaplanFox.com.
If you are a member of the Class, you may move the court no later
than April 23, 2001, to serve as a lead plaintiff for the Class. In order to serve as a lead plaintiff, you must meet certain legal requirements.
If you have any questions about this Notice, the action, your
rights, or your interests, please e-mail us at mail@KaplanFox.com or contact:
Frederic S. Fox, Esq.
Christine Fox, Esq.
Kaplan Fox & Kilsheimer LLP
805 Third Avenue - 22nd Floor
New York, NY 10022
Fax: (212) 687-7714
E-mail address: mail@KaplanFox.com
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