Priceline.com, Inc.

A class action lawsuit was commenced on behalf of all persons and entities who purchased or otherwise acquired the common stock of Priceline.com, Inc. ("Priceline") between July 24, 2000 and September 26, 2000, inclusive (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act").

The complaint charges Defendants with violations of the Securities Exchange Act of 1934, by, among other things, omitting material information and disseminating materially false and misleading statements concerning Priceline and its financial condition, contained in public statements, filings with the Securities and Exchange Commission and press releases. Before the market opened on September 27, 2000, as alleged in the complaint, Priceline announced that, due to weakness in the sale or airline tickets, it would not make money in the third quarter and that it expected revenues to be in the range of $340 million to $345 million compared to analysts' estimates of $360 million to $380 million.

Click here to view the complaint.

Click here to view the press release.

Click here to join this class action.

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To find out more about this case, please contact us at shareholderrelations@spornlaw.com or 212-964-0046.

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