Securities class action complaint dismissedApril 04, 2006
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Securities class action complaint dismissed
Chéserex, Switzerland-April 4, 2006: The Adecco Group, the worldwide leader in Human Resource services, is pleased to announce that the amended class action complaint filed against Adecco S.A. and certain of its current and former directors and officers has been dismissed. The United States District Court for the Southern District of California dismissed the complaint with prejudice and without further leave to amend and directed that judgment be entered in favour of the defendant. Unless the plaintiffs file an appeal within 30 days the judgment will become final.
Adecco S.A. is a Fortune Global 500 company and the global leader in HR services. The Adecco Group network connects over 700,000 associates with business clients each day through its network of over 33,000 employees and 6,600 offices in over 70 countries andterritories around the world. Registered in Switzerland, and managed by a multinational team with expertise in markets spanning the globe, the Adecco Group delivers an unparalleled range of flexible staffing and career resources to corporate clients and qualified associates.
Adecco S.A. is registered in Switzerland (ISIN: CH001213860) and listed on the Swiss Stock Exchange with trading on Virt-x (SWX/VIRT-X: ADEN), the New York Stock Exchange (NYSE: ADO) and Euronext Paris - Premier Marché (EURONEXT: ADE).
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