Barrack Rodos & Bacine Announces That Dismissal of Securities Class Action Suit Against Bridgestone Corporation (BRDCF BRDCF.PK

Barrack Rodos & Bacine Announces That Dismissal of Securities
Class Action Suit Against Bridgestone Corporation (BRDCF BRDCF.PK and BRDCY
BRDCY.PK) Reversed 


PHILADELPHIA, Nov. 23  /PRNewswire/ -- Barrack, Rodos & Bacine today issued the
following:

Barrack Rodos & Bacine ("BR&B") announces that the dismissal of the securities
class action lawsuit against Bridgestone Corporation (Pink Sheets: BRDCF,
BRDCY) has been reversed by the court of appeals.  BR&B is co-lead counsel for
the lead plaintiffs in this matter.

The complaint, originally filed in 2001, alleges that Japan-based Bridgestone
and certain of its officers and directors concealed from investors (as well as
from the driving public and regulators) the serious problems the company had
been experiencing with its ATX tires that had been installed principally on
Ford Explorer SUVs.  These problems were revealed when the company announced a
recall of the tires on August 9, 2000.  Bridgestone common stock and ADRs lost
about 50% of their value in reaction to the news.

Class action lawsuits were brought on behalf of investors to recover the losses
they sustained as a result of the company's concealment of important
information about the quality of the ATX tires and the effect of the problems
with those tires on the financial health of the company.  The United States
District Court for the Middle District of Tennessee dismissed the lawsuits in
2002, but the United States Court of Appeals for the Sixth Circuit recently
reversed that dismissal and ruled that the claims based on the statements made
by the company between March 31, 2000, and August 31, 2000, should proceed.
Barrack, Rodos & Bacine has extensive experience in prosecuting investor class
actions involving financial fraud.  BR&B has prosecuted securities, antitrust
and consumer class actions for more than 25 years.  The firm has offices in
Philadelphia, San Diego, New York and New Jersey and has been designated lead
counsel by federal and state courts across the country in large, complex cases.
 For more information about Barrack, Rodos & Bacine, please visit their website
at http://www.barrack.com/.

If you purchased Bridgestone stock or ADRs (Pink Sheets: BRDCF, BRDCY) between
March 31, 2000, and August 31, 2000, and you wish to discuss this action, which
will be continuing against Bridgestone, or have any questions concerning this
case or your rights or interests, please contact Maxine S. Goldman, Shareholder
Relations Manager, Barrack, Rodos & Bacine, 3300 Two Commerce Square, 2001
Market Street, Philadelphia, PA 19103, , 215-963-0600, fax number 215-963-0838.


DATASOURCE: Barrack, Rodos & Bacine



CONTACT:  Maxine S. Goldman, Shareholder Relations Manager, Barrack,

Rodos & Bacine, , [phone], or fax,

[phone]



Web site:  http://www.barrack.com/ 

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