Bershad

Class Action Charges Williams and Williams Communications Hid Adverse Finances

The law firm of Milberg Weiss Bershad Hynes & Lerach LLP said it filed a class action lawsuit Tuesday on behalf of stockholders of Williams Companies, Inc. and/or Williams Communications Group, Inc. (WCG), alleging the companies made “material misrepresentations to the markets” between July 24, 2000 and Jan. 29, 2002. The actions served to inflate the price of the two companies common stock, the attorneys said.

June 14, 2006