Welcome to The Assisted Living Concepts Securities Litigation. Plaintiffs allege that
the Defendants, among other things, made false and misleading statements during the class period (March 27, 1997 through and
including January 29, 1999) related to the financial position of the company; which artificially inflated the market price of ALC
common stock and debentures therefore causing damage to class members.
You are a class member if you purchased or acquired common stock of Assisted Living Concepts Inc ("ALC") from March 27, 1997 thru
January 29, 1999, inclusive; purchased or acquired ALC's 6% convertible subordinated debentures due Nov 2002 from Oct 21, 1997
thru January 29, 1999 inclusive; and/or purchased or acquired ALC's 5 5/8% convertible subordinated debentures due May 2003
from July 22, 1998 thru January 29, 1999, inclusive.
The details about the Settlement and process for filing are contained in the notice and proof of claim.
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