CLASS-ACTION SUIT FILED AGAINST PEAPOD

CHICAGO -- Troubled Internet grocer Peapod misled investors and artificially inflated its share price, lawyers for its shareholders alleged in a class-action complaint filed in U.S. District Court here last week.Three New York law firms specializing in class-action securities fraud said Peapod in November knowingly misstated its funding needs, leading to higher share prices and favorable recommendations

CHICAGO -- Troubled Internet grocer Peapod misled investors and artificially inflated its share price, lawyers for its shareholders alleged in a class-action complaint filed in U.S. District Court here last week.

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