Calico Commerce Sued for Violations of the Federal Securities Laws According To Schiffrin & Barroway, LLP

Apr 16, 2001, 01:00 ET from Schiffrin & Barroway, LLP

    BALA CYNWYD, Pa., April 16 /PRNewswire/ -- 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 Southern District of New York on behalf of all
 purchasers of the common stock of Calico Commerce, Inc. (Nasdaq: CLIC) from
 October 6, 1999 through March 23, 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 Calico Commerce and certain of its officers and
 directors with issuing a false and misleading registration statement and
 prospectus (the "Offering Documents") in connection with the Company's
 October 6, 1999 initial public offering.  The complaint alleges that the
 Offering Documents were misleading because they failed to disclose to
 investors that at least two of the lead underwriters and two of the other
 underwriters had solicited and received excessive and undisclosed commissions
 from certain investors.
     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
 May 28, 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
 
 

SOURCE Schiffrin & Barroway, LLP
    BALA CYNWYD, Pa., April 16 /PRNewswire/ -- 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 Southern District of New York on behalf of all
 purchasers of the common stock of Calico Commerce, Inc. (Nasdaq: CLIC) from
 October 6, 1999 through March 23, 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 Calico Commerce and certain of its officers and
 directors with issuing a false and misleading registration statement and
 prospectus (the "Offering Documents") in connection with the Company's
 October 6, 1999 initial public offering.  The complaint alleges that the
 Offering Documents were misleading because they failed to disclose to
 investors that at least two of the lead underwriters and two of the other
 underwriters had solicited and received excessive and undisclosed commissions
 from certain investors.
     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
 May 28, 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
 
 SOURCE  Schiffrin & Barroway, LLP