Intervoice, Inc. (Nasdaq: INTV) has announced the dismissal, with prejudice, of the securities class action pending against the company in the N.D. of Tex. Intervoice is a Dallas-based maker of call automation systems.
According to the Dallas Business Journal, the suit was filed in June 2001 and alleged “some of Intervoice’s executives issued false and misleading statements concerning the financial condition of the company, the results of the company’s merger with Brite Voice Systems Inc. in 1999 and the company’s business projections.” The suit was originally dismissed a year ago, but the plaintiffs were given leave to amend.
The 10b-5 Daily 