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If You Purchased Bridgestone Corp. Common Stock or American Depositary Receipts (ADRs), You May be Eligible to Participate in a Class Action Settlement.

Publication: PR Newswire
Publication Date: 23-OCT-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
PHILADELPHIA, Oct. 23 /PRNewswire/ -- Class Counsel for the Plaintiffs in the In re Bridgestone Securities Litigation class action suit, announced the following:



United States District Court Middle District of Tennessee Nashville Division In re Bridgestone Securities Litigation Master File No. 3:01-0017 SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED SETTLEMENT, MOTION FOR ATTORNEYS' FEES AND FINAL APPROVAL HEARING

If you purchased Bridgestone Corporation ("Bridgestone") publicly traded common stock or American Depositary Receipts ("ADRs") during the period from March 30, 2000 to and including August 31, 2000 (the "Class Period"), and are not otherwise excluded from the Class, then you could receive a payment from the proposed settlement of a securities class action.

A settlement has been proposed in a class action about the alleged artificial inflation of the price of Bridgestone publicly traded common stock and ADRs during the Class Period. The settlement will provide a settlement fund of thirty million dollars ($30,000,000) for the benefit of investors who purchased Bridgestone publicly traded common stock or ADRs during the period from...

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