Wechsler Harwood Halebian & Feffer LLP Continues Class Action Lawsuit Against AT&T Wireless Group Tracking Stock on Behalf of Defrauded Investors (NYSE: AWE)

Wechsler Harwood Halebian & Feffer continues a class action lawsuit filed in the United States District Court for the Southern District of New York, on behalf of purchasers of AT&T Wireless Group Tracking Stock (NYSE: AWE) during the period between April 26, 2000 and May 2, 2000, inclusive.

The complaint alleges that on April 27, 2000, AT&T and other defendants issued a Registration Statement and Prospectus for the Tracking Stock which failed to disclose ongoing business problems at AT&T Wireless which were causing large corporate customers to be neglected and poorly served and resulting in a material downturn in revenue and future business prospects. Plaintiff and other similarly situated public investors purchased AT&T Wireless Group Tracking Stock without knowledge of these facts and have, as a result, sustained damages.

Wechsler Harwood has extensive experience representing shareholders in class actions and has served as lead counsel on behalf of shareholders in many such actions. The reputation and expertise of this firm in shareholder and other class actions has repeatedly been recognized by the courts. If you are a member of the Class described above, and if you meet certain other legal requirements, you may no later than January 15, 2001 move the court to serve as lead plaintiff. Please contact Wechsler Harwood Halebian & Feffer LLP, 488 Madison Avenue, New York, New York 10022, by calling toll free 877-935-7400 or by contacting:

John Halebian, Esq.: jhalebian@whhf.com

Ramon Pinon IV, Shareholder Relations Department, rpinoniv@whhf.com

SOURCE: Wechsler Harwood Halebian & Feffer LLP

Contact: John Halebian, Esq., jhalebian@whhf.com, or Ramon Pinon IV,
Shareholder Relations Department, rpinoniv@whhf.com

Website: http://www.whhf.com/