Priceline Securities Litigation

With Johnson & Perkinson as one of Co-Lead Counsel, Plaintiffs filed a Complaint in the United States District Court for the District of Connecticut on behalf of purchasers of the securities of Priceline.com, Inc. between January 31, 2000, through and including October 4, 2000, alleging that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by issuing a series of material misrepresentations to the market during the Class Period. The Complaint alleges that the Company's financial statements were materially false and misleading because the Company's financial results were materially inflated.