WorldCom and MCI Employees Legal Options. Parker & Waichman (http://www.worldcomstockfraud.com) has re-launched http://www.worldcomemployeelawsuit.com and is urging all current and former WorldCom (Other OTC:WCOEQ.PK – News) (Other OTC:MCWEQ.PK – News) (Other OTC:MCIAV.PK – News) and MCI employees that received stock options to evaluate their legal options. Current and former WorldCom and MCI employees can request a free lawsuit case evaluation by visiting http://www.worldcomemployeelawsuit.com. The site also contains detailed information on the alleged misconduct of Salomon Smith Barney and MCI WorldCom.
Parker & Waichman’s team has filed hundreds of individual claims against Salomon Smith Barney, now operating as Citigroup Global Markets, a unit of Citigroup, Inc (NYSE:C – News) on behalf current and former WorldCom and MCI employees. These current and former employees have suffered financially from the fraudulent and inappropriate advice of Salomon Smith Barney. Former Salomon Smith Barney analyst Jack Grubman is also named in the claims. Salomon Smith Barney acted as MCI WorldCom’s 401k administrator.
WorldCom and MCI shareholders
Current and former WorldCom, MCI shareholders that were never employed by WorldCom or MCI, can request a free case evaluation at http://www.worldcomstockfraud.com and http://www.worldcomclassaction.com. Current and former WorldCom and MCI shareholders and employees can also visit these sites to view and download the WorldCom class action opt-out form, “Notice of Class Action.” Shareholders have until February 20, 2004 to opt-out of the class action lawsuit that was certified last year. Parker & Waichman encourages shareholders to request a free case evaluation before deciding to opt-out of the class action. Current and former WorldCom, MCI shareholders who do not specifically “opt-out” of the class action by filing the required form or information are automatically included in the class action lawsuit.