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Short Take: Informix hit by another class-action suit

Informix has been hit by another investor class-action lawsuit. The suit, filed in a Northern California U.S. District Court, charges that the company misled investors about its financial health. The complaint specifically charges the company and its officers with concealing information about the sales of Informix's core relational database products and with artificially inflating Informix stock for personal gain.

Informix has been hit by another investor class-action lawsuit. The suit, filed in a Northern California U.S. District Court, charges that the company misled investors about its financial health. The complaint specifically charges the company and its officers with concealing information about the sales of Informix's core relational database products and with artificially inflating Informix stock for personal gain.