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09.12.2005
Intershop Communications Announces Class Action Settlement
Court in California Gave Final Approval for Class Action Settlement on December 5, 2005 Jena, Germany, December 9, 2005 – Intershop Communications AG (Prime Standard: ISH2; “Intershop” or “the Company“) announces a settlement with the plaintiffs of the securities class action, which had been pending in the USA for several years due to alleged misinformation by the Company in the year 2000.
On December 5, 2005, a Court in California gave its final approval for the class action settlement. The court declared the settlement as fair to the class. The Company was convinced that this class action would not have been successful; yet decided to settle in order to avoid further litigation expenses.
Investor Relations:
Annett Körbs
T: +49-3641-50-1370
F: +49-3641-50-1309
ir@intershop.de
Public Relations:
Dr. Ute Danz
T: +49-3641-50-1000
F: +49-3641-50-1002
pr@intershop.de
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