Welcome to the Williams Securities Litigation Home Page.

IMPORTANT
PLEASE SEE THE STATUS PAGE FOR INFORMATION CONCERNING THE STATUS OF THIS LAWSUIT

If you purchased securities of Williams Communications Group, Inc. (“WCG”) between July 24, 2000 and April 22, 2002, inclusive, you may be a member of a class action lawsuit.  The class is defined as:

All persons who purchased or otherwise acquired the securities of Williams Communications Group, Inc. (“WCG”) between July 24, 2000 and April 22, 2002, inclusive, and who were damaged thereby. Excluded from the subclass are defendants, officers and directors of WCG and/or any of its subsidiaries, members of their immediate families and their legal representatives, heirs, successors or assigns, and any entity in which defendants have or have had a controlling interest; holders of an Allowed Claim in Class 5 or 6 under WCG’s Second Amended Joint Chapter 11 Plan of Reorganization, acting in such capacity; and WCG stockholders who received their shares of WCG common stock in the April 2001 spin-off of WCG from The Williams Companies, Inc. (“WMB”) with respect to the WCG common stock they received as a result of the spin-off.

The specific securities included in this action are:

a) WCG common stock;

b) WCG 10.700% Senior Notes issued October 6, 1999 and due October 1, 2007;

c) WCG 10.875% Senior Notes issued October 6, 1999 and due October 1, 2009;

d) WCG 11.700% Senior Notes issued August 8, 2000 and due August 1, 2008; or

e) WCG 11.875% Senior Notes issued August 8, 2000 and due August 1, 2010.

This website is provided as a service to potential class members. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Notice of Pendency of Class Action.