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Daily News

Purported Class Action Suit Filed Against Applica
Feb 7, 2006
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Small appliance maker Applica Incorporated announced that it has learned that a class action lawsuit was filed against the company and certain executive officers in the U.S. District Court for the Southern District of Florida on behalf of purchasers of Applica Incorporated common stock during the period between Nov. 4, 2004 and April 28, 2005.

The complaint charges Applica and the executive officers with violations of the Securities Exchange Act of 1934.

Applica has not yet been served with the complaint, but it believes that the action is without merit and intends to vigorously defend the lawsuit and any related actions.

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