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| | 97cv20471 Teitelbaum v MCI Communications Corp, et al - 8/28/97 Complaint |
 | | MCI kept silent, however, regarding the negotiations, even saying at one point during July that the deal was going "straight ahead." On August 14, 1997, in the Company's Form 10-Q Report for the quarter ended June 30, 1997, defendants brazenly, and misleadingly, announced that the Merger was set to close in the Fall of 1997. |
 | | MCI stated that there could be no assurance that any agreement would be entered into or that any transaction would be consummated. |
 | | Throughout the Class Period, the Individual Defendants and MCI individually and in concert, directly and indirectly, by the use and means of instrumentalities of interstate commerce and/or the mails, engaged and participated in a continuous course of conduct to conceal adverse material information about the financial condition of MCI as specified herein. |
| securities.stanford.edu /1008/WCOMM97/001.html (3441 words) |
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