Notice to All Amazon.com, Inc. Investors Who Held Accounts at Morgan Stanley Dean Witter and/or Credit Suisse First Boston: The
03 Agosto 2005 - 12:27PM
PR Newswire (US)
NEW YORK, Aug. 3 /PRNewswire/ -- The Securities Arbitration Law
Firm of Klayman & Toskes, P.A.
("K&T")(http://www.nasd-law.com/ ), representing numerous
aggrieved investors throughout the nation, encourages all Morgan
Stanley Dean Witter (NYSE:MWD) and Credit Suisse First Boston
(NYSE:CSR) customers who purchased Amazon.com, Inc. (NASDAQ:AMZN)
common stock between October 29, 1998 and October 23, 2001 to
explore their legal options as potential class members of the
current class action lawsuit filed against Amazon.com, Inc. and
both of its financial advisors/underwriters, Morgan Stanley Dean
Witter and Credit Suisse First Boston, Master File No. C-01-0358-L,
now pending in Seattle, Washington. If you do not wish to
participate in the class action lawsuit and/or would like to
consider pursuing an individual securities arbitration claim as an
alternative means to recovering your financial losses, the deadline
to opt out of the class action suit is August 5, 2005. According to
securities law experts, empirical evidence shows that when an
investor suffers losses in larger amounts, usually in excess of
$100,000, an individual dispute resolution process, such as an
arbitration claim filed before the New York Stock Exchange or the
National Association of Securities Dealers, is the best means of
recovering losses suffered. Hence, K&T would like to remind all
eligible class members of the lawsuit against Amazon.com, Inc. and
its other defendants that despite market capitalization losses in
excess of $10 billion, the class action settlement only plans to
allocate $25 million to eligible class members. Thus, according to
K&T, investors who suffered large and substantial losses may
achieve an overall higher recovery rate by proceeding with an
individual dispute resolution process, rather than depending on a
recovery from the class action settlement. Consequently, in light
of these findings, K&T strongly urges all Morgan Stanley Dean
Witter and Credit Suisse First Boston customers who purchased
Amazon.com, Inc. during the relevant time period to consider
bringing suit against their individual broker/dealer as an
alternative means of recovering their financial losses.
Accordingly, since both Morgan Stanley Dean Witter and Credit
Suisse First Boston acted as the financial advisors/underwriters of
Amazon.com, Inc. during the class period, both brokerage firms may
be held accountable for the severe financial losses suffered by
their customers. Thus, if you are a Morgan Stanley Dean Witter or
Credit Suisse First Boston customer who invested in Amazon.com,
Inc. stock between October 29, 1998 and October 23, 2001, and
believe you sustained financial damages as a result of your
securities broker, please contact Lawrence L. Klayman of Klayman
& Toskes, P.A. at 1-888-997-9956 to discuss this investigation,
your legal options and/or the possibility of pursuing an individual
securities arbitration claim against your securities broker.
DATASOURCE: Klayman & Toskes, P.A. CONTACT: Lawrence L. Klayman
of Klayman & Toskes, P.A., +1-888-997-9956 Web site:
http://www.nasd-law.com/
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