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Rabin, Murray & Frank LLP: Attention Purchasers of Redback Networks, Inc. Securities: Class Action Filed Against Robertson Stephens, Inc. and Paul Johnson Alleging Violations of Federal Securities Law -- RBAK.

NEW YORK, Apr 21, 2003 (PRIMEZONE via COMTEX)

A class action complaint has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired Redback Networks, Inc. ("Redback") securities (Nasdaq:RBAK) between June 14, 1999 through March 8, 2000, both dates inclusive (the "Class Period"). Robertson Stephens, Inc. and Paul Johnson are named as defendants in the complaint.

To discuss this action, this announcement, or your rights or interests, please contact plaintiff's counsel, Eric J. Belfi or Sharon Lee, Rabin, Murray & Frank LLP, 275 Madison Avenue, New York, NY 10016, by telephone at (800) 497-8076 or (212) 682-1818, by facsimile at (212) 682-1892, or by e-mail at email@rabinlaw. …

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