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A shareholder's suit against BellSouth alleges that between Jan. 22, 2001, and July 19, 2002, the telecommunications company inflated its stock price by providing shareholders with misleading information, while at the same time, company insiders sold BellSouth stock worth millions at prices they knew were artificially high. Atlanta attorney Martin D. Chitwood is seeking class status on behalf of thousands of shareholders.
August 14, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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