Hoffman & Edelson, LLC Announces Class Action Lawsuit Against Halliburton Company

Yahoo news ^ | July 10 | Hoffman and Edelson

[bloggerjohn]

Hoffman & Edelson, LLC Announces Class Action Lawsuit Against Halliburton Company DOYLESTOWN, Pa.--(BUSINESS WIRE)--July 10, 2002--Hoffman & Edelson, LLC today announced that it has filed a class action in the United States District Court for the Northern District of Texas on behalf of purchasers of the securities of Halliburton Company ("Halliburton" or the "Company") (NYSE:HAL - News) during the period from July 22, 1999 through May 28, 2002, inclusive (the "Class Period").

The complaint charges that Halliburton violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, by issuing a series of materially false and misleading statements to the market between July 22, 1999 and May 28, 2002. As alleged in the complaint, beginning in the fourth quarter of 1998, unbeknownst to the public, Halliburton materially changed its revenue recognition policy to recognize revenue on claims and change orders relating to cost-overruns which its clients had not approved. Previously, the Company would only recognize revenue on approved change orders or claims. The Complaint further alleges that the alteration of the Company's accounting policy and financial results reported as a result thereof throughout the Class Period were materially false and misleading and in violation of Generally Accepted Accounting Principles ("GAAP") because, among other things, the accounting change was not disclosed to the public or supported as the preferred accounting treatment in the Company's financial statements and because collection of the claims or change orders was not probable and the amounts involved could not be estimated reliably. As a result of these violations of GAAP, according to the complaint, the Company's quarterly and annual earnings press releases and financial reports filed with the Securities and Exchange Commission ("SEC") throughout the Class Period were materially false and misleading and artificially inflated the Company's reported revenues and earnings, thereby artificially inflating the price of Halliburton securities. On May 28, 2002, after the close of the market, Halliburton issued a press release announcing that the SEC had begun an investigation into its accounting for cost overruns. In reaction to the press release, the price of Halliburton common stock dropped by 3.3% on May 29, 2002 on extremely heavy trading volume.

If you purchased the publicly traded securities of Halliburton during the Class Period, you may, no later than Friday, August 2, 2002, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, you must meet certain legal requirements. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as lead plaintiff. You may retain Hoffman & Edelson, LLC, or other counsel of your choice, to serve as your counsel in this action.

If you wish to discuss this action or have any questions concerning this notice or your rights with respect to this matter, please contact Jerold B. Hoffman at Hoffman & Edelson, LLC, 45 W. Court Street, Doylestown, PA 18901 at 877/537-6532 (toll free), fax number 215/230-8735 or by e-mail at jhoffman@hofedlaw.com.

Hoffman & Edelson, LLC is also investigating potential claims against the following companies for the following class periods:

Company Class Period

Reliant Energy, Inc. (NYSE:REI - News) April 29, 1999 - May 10, 2002 Reliant Resources, Inc. (NYSE:RRI - News) May 1, 2001 - May 10, 2002 Duke Energy Corp. (NYSE:DUK - News) July 22, 1999 - May 17, 2002 Applied Digital Solutions, Inc. (Nasdaq:ADSXE - News) Feb. 11, 2000 - May 10, 2002 Mirant Corp. (NYSE:MIR - News) Jan. 19, 2001 - May 6, 2002

If you purchased any of the above-referenced securities during the above-referenced class periods and would like more information about your legal rights, please contact Jerold B. Hoffman at Hoffman & Edelson, LLC, 45 W. Court Street, Doylestown, PA 18901 at 877/537-6532 (toll free), fax number 215/230-8735 or by e-mail at jhoffman@hofedlaw.com.

[bloggerjohn]

This isn't the Klayman suit, but it sure looks like he started something, or the timing is awfully fishy

[EaglesUpForever]

Maybe there's actually something to this?

[PhiKapMom]

Look at this! Seems Klayman has company. Want to bet there is a tie in with these lawyers and the RATS?

[PhiKapMom]

Ambulance chasers abound. We need Tort Reform!

[Mo1]

This SMELLS

[bloggerjohn]

Nah, I think it's a tagalong filing. Kind of blackmail. They know Cheney doesn't need Two suits or people will start to think "smoke, fire" so Halliburton may pay big to without even a trial, to settle this. They may be willing to part with some cash to avoid bringing down the VP. Like I said, blackmail. The class members will get a dollar apiece and the filing lawyers will get ten million dollars apiece.

Seems fair to me ;')

[PhiKapMom]

This is being done to embarrass this Administration plain and simple and you are going to find RAT fingerprints all over it.

I hope Halliburton fights this instead of giving into blackmail to a bunch of lowlife attorneys.

Why didn't they go after Global Crossing that is tied into the DemocRATS and McAuliffe? No they would rather go after a company that VP Cheney was involved with.

Don't know who has less ethics -- lawyers or journalists!

[Mo1]

OK ... I just tried to do a search on these Firm and I can't find anything

Even tried using just the address it gave .. nothing

Is it me or is it just late

[PhiKapMom]

It is late and my brain has turned to mush! LOL!!!

[Mo1]

After that last thread .. yes my brain is mush also .. LOL

I emailed a lawyer friend to see if she heard of them

[kcvl]

Jerold B. Hoffman at Hoffman & Edelson, LLC, 45 W. Court Street, Doylestown, PA 18901 at 877/537-6532 (toll free), fax number 215/230-8735 or by e-mail at jhoffman@hofedlaw.com.

[kcvl]

Hoffman & Edelson class action lawsuits - GOOGLE

[Mo1]

That is the address I tried and nothing came up

[kcvl]

DOYLESTOWN, Pa.--(BUSINESS WIRE)--May 24, 2002--Hoffman & Edelson, LLC today announced that it has filed a class action in the United States District Court for the Central District of California on behalf of purchasers of Gemstar-TV Guide International, Inc. ("Gemstar") (NASDAQ:GMST - News) publicly traded securities during the period between August 11, 1999 and April 1, 2002 (the "Class Period").

DOYLESTOWN, Pa.--(BUSINESS WIRE)--Jan. 25, 2002--The law firm of Hoffman & Edelson, LLC announces that a class action lawsuit was filed on behalf of those persons who purchased or otherwise acquired the common stock of Globix Corporation (``Globix'' or the ``Company'') (Nasdaq:GBIX - news) during the period of November 16, 2000 through and including December 27, 2001 (the ``Class Period'').

DOYLESTOWN, Pa.--(BUSINESS WIRE)--June 7, 2002--Hoffman & Edelson, LLC today announced that it has filed a class action in the United States District Court for the Southern District of California on behalf of purchasers of the securities of Peregrine Systems, Inc. ("Peregrine" or the "Company") (NASDAQ:PRGN) during the period from July 21, 1999 through May 22, 2002, inclusive (the "Class Period").

[Mo1]

I saw all that .. but when I type in the adress .. Nothing comes up

Went I looks throw PA lawyers .. Nothing came up

[kcvl]

Drug Firms Accused of Fraud

December 20, 2001

A coalition of consumer groups has filed a class action lawsuit charging 28 pharmaceutical companies with defrauding Medicare patients by inflating the prices of drugs sold to the government program.

The suit was filed in Boston federal court by the Prescription Drug Access Litigation Project, an umbrella organization that has led 25 lawsuits against drug companies this year. It estimates that Medicare and individual consumers were overcharged by more than $800 million in 2000.

A substantial list of drugs that have been the subject of this practice has been compiled. Please call Marc H. Edelson, Esquire or Alan V. Klein, Esquire of Hoffman & Edelson, LLC at (215) 230-8043 if you are interested in determining whether a medication you were prescribed and paid for is the subject of this litigation.

[kcvl]

Plaintiffs seek to recover damages on behalf of all purchasers of SmarTalk securities during the Class Period (the ``Class''). They are represented by several law firms, including Milberg Weiss Bershad Hynes & Lerach LLP, The Olsen Law Firm, Scott & Scott, LLC and Hoffman & Edelson who have expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud.

[kcvl]

Attorneys Marc H. Edelson of Hoffman & Edelson in Doylestown, Pa., filed the suit along with Dianne M. Nast of Roda & Nast in Lancaster, Ira Neil Richards of Trujillo Rodriguez & Richards in Philadelphia, Kenneth A. Wexler and Elizabeth Fegan Hartweg of Wexler & Associates in Chicago, and Daniel E. Gustafson of Heins Mills & Olson in Minneapolis.

The lead plaintiff in the suit is the Action Alliance of Senior Citizens of Greater Philadelphia, a nonprofit group that is seeking to represent a class that includes any individual or entity that has paid any portion of the Medicare co-payment for a Remicade prescription since 1993.

[kcvl]

Discount Long Distance Digest


YET ANOTHER LAWSUIT

Philadelphia, PA, July 16, 1998 (DLD Digest) - A class action lawsuit was filed Thursday by Berger & Montague, P.C., Lowey Dannenberg Bemporad & Selinger, P.C., and Hoffman & Edelson in the District Court for the Eastern District of Pennsylvania against Tel-Save Holdings Inc. [Nasdaq: TALK] and certain of its officers, on behalf of all persons who purchased Tel-Save common stock between August 14, 1997 and May 22, 1998 (the ``Class Period'').

The complaint asserts that Tel-Save and the named officers violated the Securities Exchange Act of 1934 by misrepresenting the Company's expenses, income and relationships with marketers of its long distance service.

[kcvl]

Hoffman & Edelson, (215) 230-8043, 45 W Court St, Doylestown, PA 18901 Yahoo! Maps MapQuest



DLD 94-21 - YEST ANOTHER LAWSUIT
... 5715 E-mail: InvestorProtect@bm.net or Lowey Dannenberg & Selinger, PC Richard Bemporad,
Esq., 914/997-0500 Fax: 914/997-0035 or Hoffman & Edelson 215/230-8043. ...
www.thedigest.com/94/94-21.html - 6k - Cached - Similar pages

DLD 94-33 - HERE WE GO AGAIN, AGAIN
... Neil Rothstein of Scott & Scott at 800/404-7770 or via e-mail at nrothstein@aol.com,
or Marc H. Edelson of Hoffman & Edelson at 215/230-8043 or via e-mail at ...
www.thedigest.com/94/94-33.html - 7k - Cached - Similar pages

[PDF] PLAINTIFF COUNSEL IN RE: FEN-PHEN/REDUX LITIGATION MASTER SERVICE ...
File Format: PDF/Adobe Acrobat - View as HTML
... kohnswift.com Pro Hac Counsel for: Zungu, Bongi - L-333-98 MT Marc N. Edelson, Esquire
Hoffman & Edelson 45 West Court Street Doylestown, PA 18901 215-230-8043 ...
www.judiciary.state.nj.us/mass-tort/ dietdrugs/diet_pla.pdf - Similar pages

Diet Drug Litigation - Plaintiff Counsel List as of September 11 ...
... Marc N. Edelson, Esquire. Hoffman & Edelson. 45 West Court Street. Doylestown,
PA 18901. 215-230-8043. Fax: 215-230-8735. E-mail address: HOFEDLAW@AOL.com Marc ...
www.judiciary.state.nj.us/mass-tort/ dietdrugs/counplai.htm - 24k - Cached - Similar pages

Drug Firms Accused of Fraud
... Please call Marc H. Edelson, Esquire or Alan V. Klein, Esquire of Hoffman & Edelson,
LLC at (215) 230-8043 if you are interested in determining whether a ...
www.consumeraffairs.com/news/drug_suit.html - 15k - Cached - Similar pages

[PDF] 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ...
File Format: PDF/Adobe Acrobat - View as HTML
... Electronically - jtabacco@bermanesq.com; jabrams@bermanesq.com) Marc H. Edelson
HOFFMAN & EDELSON 45 W. Court Street Doylestown, PA 18901 Tel: (215) 230-8043 ...
securities.stanford.edu/1019/CLRN01/ 20011105_f01x_013361.pdf - Similar pages

Electronics for Imaging, Inc. - Class Action Case 97CV4739 - ...
... 619/338-4514. HOFFMAN & EDELSON MARC H. EDELSON 45 W. Court Street
Doylestown, PA 18901 Telephone: 215/230-8043. CHITWOOD & HARLEY ...
securities.stanford.edu/1001/EFII97/009.html - 8k - Cached - Similar pages
[ More results from securities.stanford.edu ]

Attorneys and Legal Services
... 215, 348-8610. Hoffman & Edelson, 45 W. Court St. 215, 230-8043. Hoopes,
Robert P, 573 N. Main St. 215, 348-5715. Hopkins & Hopkins, 114 N. Main
St. ...
www.shopdoylestown.com/attrny.htm - 25k - Cached - Similar pages

Case Watch - UNITED STATES DISTRICT COURT FOR THE DISTRICT OF ...
... 1422 Euclid Avenue, Suite 1510 Cleveland, OH 44115 Tele: (216) 619-8517 Mark Edelson
HOFFMAN & EDELSON 45 West Court Street Doylestown, PA 18901 215/230-8043 ...
www.cmht.com/casewatch/cases/cwvitamin1.htm - 29k - Cached - Similar pages

Mehri & Skalet, PLLC
... E. Gustafson of Heins Mills & Olson of Minneapolis (phone 612/338/4605), Marc H.
Edelson of Hoffman & Edelson, LLC of Doylestown, PA (phone 215/230/8043), Lee ...
www.findjustice.com/ms/practice/auto/press-fmcc.htm - 15k - Cached - Similar pages

[ccmay]

This law fim is a gang of extortionists. I think they all belong in the clink.

-ccm

[Mo1]

I am not saying they haven't been filing suits againt people ..

What I am saying is they aren in the phone book

Rec'd an email from my lawyer friend and she couldn't find them either ..

I'm just saying if you are gonna file class action suits .. wouldn't you be at least in the phone book??