| Company: | Riverstone Networks, Inc. |
| Ticker Symbol: | NASD: RSTN |
| Class Period: | August 20, 2001 and June 5, 2002, inclusive |
| Court: | NorthernDistrict, CA |
| Date Filed: | Aug-15-02 |
| Allegations: |
The suit further alleges that the defendants overstated the future business arising out of an agreement with Hong Kong based Hutchinson Global Crossing.
Also alleged is that defendants made materially false and misleading statements concerning its projected revenue and earnings per share ("EPS"), indicating Riverstone was relatively unaffected by the downturn in the rest of the telecom industry.
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