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Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Molson Coors Brewing Company and Certain of Its Officers and Directors and the Officers and Directors of the Adolph Coors Company

Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of: 1) former shareholders of Molson, Inc. who received shares of Molson Coors Brewing Company (NYSE: TAP) (the "Company") as a result of the February 9, 2005 merger of Molson by and into the Adolph Coors Company; (2) open market purchasers of the common stock of Coors from July 22, 2004 to February 9, 2005, inclusive; and 3) open market purchasers of the common stock of the Company, following completion of the merger between Molson and Coors on or about February 9, 2005 through April 27, 2005, inclusive, and who were damaged by the decline in the Company's stock.

The case is pending in the United States District Court for the District of Delaware against defendant Molson Coors, Peter H. Coors, W. Leo Kiely, III, Charles M. Herington, Franklin W. Hobbs, Randall Oliphant, Pamela Patsley, Wayne Sanders, Albert C. Yates, Timothy V. Wolf, Peter Swinburn, David G. Barnes and Peter M. R. Kendall. The action charges that defendants violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period, which statements had the effect of artificially inflating the market price of the Company's securities.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you are a member of the proposed class, you may move the court no later than July 12, 2005 to serve as a lead plaintiff for the proposed class. In order to serve as a lead plaintiff, you must meet certain legal requirements. To be a member of the proposed class you need not take any action at this time, and you may retain counsel of your choice.

If you acquired shares of Molson Coors Brewing Company during the Class Period indicated and want to discuss your legal rights, you may e-mail or call Law Offices Of Charles J. Piven, P.A. who will, without obligation or cost to you, attempt to answer your questions. Charles J. Piven has been involved in securities litigation for approximately 20 years. You may contact Law Offices Of Charles J. Piven, P.A. at The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202, by email at hoffman@pivenlaw.com or by calling 410/986-0036.


Distributed by Market Wire

Tags: ,ProfessionalServices:Legal, ,NYSE0001,NYSE0001,MD,BALTIMORE, MD
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