Class Action Lawsuit Commenced Against B2B Internet Holdrs Depositary Receipts By The Law Offices of Marc S. Henzel

Apr 23, 2001, 01:00 ET from Law Offices of Marc S. Henzel

    PHILADELPHIA, April 23 /PRNewswire Interactive News Release/ -- 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 B2B
 Internet Holdrs Depositary Receipts (Amex:   BHH) from February 23, 2000 through
 April 9, 2001, inclusive (the "Class Period").
     The complaint charges B2B Internet 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 2/23/00
 initial public offering ("IPO").  Specifically, the complaint alleges that the
 B2B Internet Holdrs depositary receipts were "basket securities" whose price
 was directly related to, and moved with, the price of 20 underlying securities
 held in the B2B Internet Holdrs trust.  The complaint further alleges that
 defendants violated the federal securities laws by issuing and selling B2B
 Internet Holdrs Depositary Receipts pursuant to Offering Documents that were
 materially false and misleading because they failed to disclose that a
 substantial proportion of the B2B Internet Holdrs trust's initial portfolio
 consisted of stocks whose prices had been artificially inflated through the
 use of improper practices relating to their respective initial public
 offerings, and that they therefore traded at artificially inflated prices.
 The price of B2B Internet Holdrs has fallen from a March 14, 2000 high of $108
 per B2B Internet Holdrs to a low of $4.26 on April 3, 2001.
     Plaintiff is represented by The Law Offices of Marc S. Henzel.  If you are
 a member of the class described above, you have until June 4, 2001, to
 participate in the case and ask the Court to appoint you as one of the lead
 plaintiffs for the Class.  In order to serve as lead plaintiff, however, you
 must meet certain legal requirements.  You do not need to seek appointment as
 a lead plaintiff in order to share in any recovery.
     If you have any questions concerning this case or your rights or interests
 with respect to these matters, please contact: Marc S. Henzel, Esq. of The Law
 Offices of Marc S. Henzel, 210 West Washington Square, Third Floor
 Philadelphia, PA 19106, by telephone at (888) 643-6735 or (215) 625-9999, by
 facsimile at (215) 440-9475, by e-mail at Mhenzel182@aol.com or visit the
 firm's website at http://members.aol.com/mhenzel182.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X73438777
 
 

SOURCE Law Offices of Marc S. Henzel
    PHILADELPHIA, April 23 /PRNewswire Interactive News Release/ -- 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 B2B
 Internet Holdrs Depositary Receipts (Amex:   BHH) from February 23, 2000 through
 April 9, 2001, inclusive (the "Class Period").
     The complaint charges B2B Internet 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 2/23/00
 initial public offering ("IPO").  Specifically, the complaint alleges that the
 B2B Internet Holdrs depositary receipts were "basket securities" whose price
 was directly related to, and moved with, the price of 20 underlying securities
 held in the B2B Internet Holdrs trust.  The complaint further alleges that
 defendants violated the federal securities laws by issuing and selling B2B
 Internet Holdrs Depositary Receipts pursuant to Offering Documents that were
 materially false and misleading because they failed to disclose that a
 substantial proportion of the B2B Internet Holdrs trust's initial portfolio
 consisted of stocks whose prices had been artificially inflated through the
 use of improper practices relating to their respective initial public
 offerings, and that they therefore traded at artificially inflated prices.
 The price of B2B Internet Holdrs has fallen from a March 14, 2000 high of $108
 per B2B Internet Holdrs to a low of $4.26 on April 3, 2001.
     Plaintiff is represented by The Law Offices of Marc S. Henzel.  If you are
 a member of the class described above, you have until June 4, 2001, to
 participate in the case and ask the Court to appoint you as one of the lead
 plaintiffs for the Class.  In order to serve as lead plaintiff, however, you
 must meet certain legal requirements.  You do not need to seek appointment as
 a lead plaintiff in order to share in any recovery.
     If you have any questions concerning this case or your rights or interests
 with respect to these matters, please contact: Marc S. Henzel, Esq. of The Law
 Offices of Marc S. Henzel, 210 West Washington Square, Third Floor
 Philadelphia, PA 19106, by telephone at (888) 643-6735 or (215) 625-9999, by
 facsimile at (215) 440-9475, by e-mail at Mhenzel182@aol.com or visit the
 firm's website at http://members.aol.com/mhenzel182.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X73438777
 
 SOURCE  Law Offices of Marc S. Henzel