OKLAHOMA CITY, June 11, 2004 – LAWFUEL – On June 2, 2004, the class action
lawsuit was filed in the Southern District of California against Business
Objects S. A. (Nasdaq: BOBJ). The complaint alleges violations of federal
securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5, including allegations of issuing a series of material
misrepresentations to the market which had the effect of artificially
inflating the market price. The complaint further alleges Business Objects
S. A. actively concealed true facts that the Company’s integration of the
Crystal Decisions acquisition was a disaster. The class period is from
April 23, 2003 through April 30, 2004.
Plaintiff seeks to recover damages on behalf of the Class. If you are a
member of the Class as described above, you may move the Court no later than
sixty (60) days from June 2, 2004, to serve as a lead plaintiff for the Class.
However, in order to do so, you must meet certain legal requirements pursuant
to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this suit, or have any
questions or concerns regarding this notice, or preservation of your rights,
please contact:
