BroadVision's Senior Officers Charged With Securities Fraud According to Schiffrin & Barroway, LLP

Apr 20, 2001, 01:00 ET from Schiffrin & Barroway, LLP

    BALA CYNWYD, Pa., April 20 /PRNewswire Interactive News Release/ -- The
 following statement was issued today by the law firm of Schiffrin & Barroway,
 LLP:
 
     Notice is hereby given that a class action lawsuit was filed in the United
 States District Court for the Northern District of California on behalf of all
 purchasers of the common stock of BroadVision, Inc. (Nasdaq:   BVSN) from
 January 26, 2001 through April 2, 2001, inclusive (the "Class Period").
     If you wish to discuss this action or have any questions concerning this
 notice or your rights or interests with respect to these matters, please
 contact Schiffrin & Barroway, LLP (Marc A. Topaz, Esq. or Robert B. Weiser,
 Esq.) toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at
 info@sbclasslaw.com.
     The complaint charges BroadVision and certain of its officers and
 directors with issuing false and misleading statements concerning the
 Company's business and financial condition.  The complaint alleges that,
 throughout the Class Period, defendants continued to make positive statements
 about the Company's business and future revenues, even though they were aware
 that BroadVision was suffering from declining demand for its product and out-
 of-control expenses.  On April 2, 2001, the Company announced its preliminary
 1Q 01 results, the revision of previously reported 4Q 00 results and a one-
 time charge in 2Q 01.  This shocking announcement caused BroadVisions's stock
 price to drop as low as $2 13/16, more than 80% lower than its Class Period
 high.
     Plaintiff seeks to recover damages on behalf of class members and is
 represented by the law firm of Schiffrin & Barroway, LLP, who has significant
 experience and expertise prosecuting class actions on behalf of investors and
 shareholders.  For more information on Schiffrin & Barroway, or to sign-up to
 participate in this action online, please visit www.sbclasslaw.com.
     If you are a member of the class described above, you may, not later than
 June 16, 2001, move the Court to serve as lead plaintiff of the class, if you
 so choose.  In order to serve as lead plaintiff, however, you must meet
 certain legal requirements.
 
      CONTACT:  Schiffrin & Barroway, LLP
                Marc A. Topaz, Esq.
                Robert B. Weiser, Esq.
                Three Bala Plaza East, Suite 400, Bala Cynwyd, PA  19004
                1-888-299-7706 (toll free) or 1-610-667-7706
                Or by e-mail at info@sbclasslaw.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X31734780
 
 

SOURCE Schiffrin & Barroway, LLP
    BALA CYNWYD, Pa., April 20 /PRNewswire Interactive News Release/ -- The
 following statement was issued today by the law firm of Schiffrin & Barroway,
 LLP:
 
     Notice is hereby given that a class action lawsuit was filed in the United
 States District Court for the Northern District of California on behalf of all
 purchasers of the common stock of BroadVision, Inc. (Nasdaq:   BVSN) from
 January 26, 2001 through April 2, 2001, inclusive (the "Class Period").
     If you wish to discuss this action or have any questions concerning this
 notice or your rights or interests with respect to these matters, please
 contact Schiffrin & Barroway, LLP (Marc A. Topaz, Esq. or Robert B. Weiser,
 Esq.) toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at
 info@sbclasslaw.com.
     The complaint charges BroadVision and certain of its officers and
 directors with issuing false and misleading statements concerning the
 Company's business and financial condition.  The complaint alleges that,
 throughout the Class Period, defendants continued to make positive statements
 about the Company's business and future revenues, even though they were aware
 that BroadVision was suffering from declining demand for its product and out-
 of-control expenses.  On April 2, 2001, the Company announced its preliminary
 1Q 01 results, the revision of previously reported 4Q 00 results and a one-
 time charge in 2Q 01.  This shocking announcement caused BroadVisions's stock
 price to drop as low as $2 13/16, more than 80% lower than its Class Period
 high.
     Plaintiff seeks to recover damages on behalf of class members and is
 represented by the law firm of Schiffrin & Barroway, LLP, who has significant
 experience and expertise prosecuting class actions on behalf of investors and
 shareholders.  For more information on Schiffrin & Barroway, or to sign-up to
 participate in this action online, please visit www.sbclasslaw.com.
     If you are a member of the class described above, you may, not later than
 June 16, 2001, move the Court to serve as lead plaintiff of the class, if you
 so choose.  In order to serve as lead plaintiff, however, you must meet
 certain legal requirements.
 
      CONTACT:  Schiffrin & Barroway, LLP
                Marc A. Topaz, Esq.
                Robert B. Weiser, Esq.
                Three Bala Plaza East, Suite 400, Bala Cynwyd, PA  19004
                1-888-299-7706 (toll free) or 1-610-667-7706
                Or by e-mail at info@sbclasslaw.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X31734780
 
 SOURCE  Schiffrin & Barroway, LLP