A securities class action lawsuit was commenced in the United States District Court for the Central District of California, on behalf of all persons who purchased or acquired Watson Pharmaceuticals, Inc. (NYSE: WPI) ("Watson" or the "Company") securities (the "Class") between November 2, 1999 and November 13, 2001, inclusive (the "Class Period"). A copy of the complaint is available from the Court or from Bernstein Liebhard & Lifshitz, LLP. Please visit our website at http://www.bernlieb.com or contact us at (800) 217-1522 or by e-mail at WPI@bernlieb.com.