Schatz & Nobel P.C. Which Has Significant Experience Representing Investors In Prosecuting Claims Of Securities Fraud

prnewswire., Mar 30, 2005

HARTFORD, Conn. March 29; The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Northern
District of California on behalf of all persons who purchased the publicly traded securities of Electronic Arts Inc. (Nasdaq: ERTS) ("Electronic Arts") between January 25, 2005 and March 21, 2005 (the "Class Period").

The Complaint alleges that Electronic Arts violated federal securities laws by issuing false or misleading public statements.  Specifically, the Complaint alleges that certain of Electronic Arts' financial projections were lacking in reasonable basis when they were made.  On March 21, 2005,
Electronic Arts announced a downward revision of its estimates for the fiscal year ending March 31, 2005.  On this news, Electronic Arts fell from a close of $66.35 per share on March 21, 2005, to close at $55.15 per share on March 22, 2005.

If you are a member of the class, you may, no later than May 27, 2005, request that the Court appoint you as lead plaintiff of the class.  A lead plaintiff is a class member that acts on behalf of other class members in directing the litigation.  Although your ability to share in any recovery is
not affected by the decision whether or not to seek appointment as a lead plaintiff, lead plaintiffs make important decisions which could affect the overall recovery for class members, including decisions concerning settlement.

The securities laws require the Court to consider the class member(s) with the largest financial interest as presumptively the most adequate lead plaintiff(s).