Cauley Geller Bowman & Coates, LLP Announces Class Action Lawsuit Against Versata, Inc. Seeking Damages on Behalf of Investors

Apr 23, 2001, 01:00 ET from Cauley Geller Bowman & Coates, LLP

    LITTLE ROCK, Ark., April 23 /PRNewswire Interactive News Release/ -- The
 Law Firm of Cauley Geller Bowman & Coates, LLP announced today that a class
 action has been filed in the United States District Court for the Northern
 District of California on behalf of purchasers of Versata, Inc. (Nasdaq:   VATA)
 ("Versata" or the "Company") securities during the period between March 2,
 2000 and March 29, 2001, inclusive, including those who acquired their shares
 in connection with the Company's initial Public Offering on March 2, 2000 (the
 "Class Period").
     The complaint charges Versata and certain of its officers and directors
 with issuing false and misleading information regarding its business and
 financial condition, reporting favorable but false financial results causing
 its stock to trade at artificially inflated levels.  Specifically, the
 complaint alleges that defendants announced on March 29, 2001, that its
 reported financial statements were under investigation, causing Versata's
 shares to plummet 99% lower than its Class Period high of $100-15/16.
     If you bought the securities of Versata between March 2, 2000 and
 March 29, 2001, inclusive, you may, no later than June 10, 2001 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, the Court must determine that the
 class member's claim is typical of the claims of other class members, and that
 the class member will adequately represent the class.  Under certain
 circumstances, one or more class members may together serve as "lead
 plaintiff."  Your ability to share in any recovery is not, however, affected
 by the decision whether or not to serve as a lead plaintiff.  You may retain
 Cauley Geller Bowman & Coates, LLP, or other counsel of your choice, to serve
 as your counsel in this action.
     Cauley Geller Bowman & Coates, LLP has substantial experience representing
 investors in securities fraud class action lawsuits such as this.  The firm
 has offices in Florida, Arkansas and California, but represents shareholders
 from throughout the nation.  If you have any questions about how you may be
 able to recover for your losses, or if you would like to consider serving as
 one of the lead plaintiffs in this lawsuit, you are encouraged to call or
 e-mail the Firm or visit the Firm's website at www.classlawyer.com.
 
      CAULEY GELLER BOWMAN & COATES, LLP
      Client Relations Department:
      Sue Null, Charlie Gastineau or Jackie Addison
      P.O. Box 25438
      Little Rock, AR 72221-5438
      Toll Free: 1-888-551-9944
      E-mail: info@classlawyer.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X64976874
 
 

SOURCE Cauley Geller Bowman & Coates, LLP
    LITTLE ROCK, Ark., April 23 /PRNewswire Interactive News Release/ -- The
 Law Firm of Cauley Geller Bowman & Coates, LLP announced today that a class
 action has been filed in the United States District Court for the Northern
 District of California on behalf of purchasers of Versata, Inc. (Nasdaq:   VATA)
 ("Versata" or the "Company") securities during the period between March 2,
 2000 and March 29, 2001, inclusive, including those who acquired their shares
 in connection with the Company's initial Public Offering on March 2, 2000 (the
 "Class Period").
     The complaint charges Versata and certain of its officers and directors
 with issuing false and misleading information regarding its business and
 financial condition, reporting favorable but false financial results causing
 its stock to trade at artificially inflated levels.  Specifically, the
 complaint alleges that defendants announced on March 29, 2001, that its
 reported financial statements were under investigation, causing Versata's
 shares to plummet 99% lower than its Class Period high of $100-15/16.
     If you bought the securities of Versata between March 2, 2000 and
 March 29, 2001, inclusive, you may, no later than June 10, 2001 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, the Court must determine that the
 class member's claim is typical of the claims of other class members, and that
 the class member will adequately represent the class.  Under certain
 circumstances, one or more class members may together serve as "lead
 plaintiff."  Your ability to share in any recovery is not, however, affected
 by the decision whether or not to serve as a lead plaintiff.  You may retain
 Cauley Geller Bowman & Coates, LLP, or other counsel of your choice, to serve
 as your counsel in this action.
     Cauley Geller Bowman & Coates, LLP has substantial experience representing
 investors in securities fraud class action lawsuits such as this.  The firm
 has offices in Florida, Arkansas and California, but represents shareholders
 from throughout the nation.  If you have any questions about how you may be
 able to recover for your losses, or if you would like to consider serving as
 one of the lead plaintiffs in this lawsuit, you are encouraged to call or
 e-mail the Firm or visit the Firm's website at www.classlawyer.com.
 
      CAULEY GELLER BOWMAN & COATES, LLP
      Client Relations Department:
      Sue Null, Charlie Gastineau or Jackie Addison
      P.O. Box 25438
      Little Rock, AR 72221-5438
      Toll Free: 1-888-551-9944
      E-mail: info@classlawyer.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X64976874
 
 SOURCE  Cauley Geller Bowman & Coates, LLP