$tacks Upon $tacks Of Moolah

[sludgehound]

Not Being Straight with Investors LOL!

News for 'OCA' - (The Pomerantz Firm Charges the Orthodontic Centers of America with Securities Fraud for Not Being Straight with Investors -- OCA)

NEW YORK, Jun 15, 2005 (PRIMEZONE via COMTEX) -- Pomerantz Haudek Block
Grossman & Gross LLP (http://www.pomerantzlaw.com) has filed a class action
lawsuit on behalf of purchasers of securities of the Orthodontic Centers of
America ("OCA" or the "Company") (NYSE:OCA) during the period from May 18, 2004
through June 7, 2005, inclusive (the "Class Period"). The complaint was filed in
the United States District Court, Eastern District of Louisiana.

The Complaint charges that OCA, which provides management services to
orthodontists, and its two senior officers, Bartholomew F. Palmisano, Sr., (CEO)
and David E. Verret (CFO), defrauded investors by improperly recognizing
revenues. On June 7, 2005, OCA announced that the Company was unable to file its
already delayed year end report for 2004, and needed to restate its quarterly
financial statements for 2004. OCA admitted, among other things, that it had
materially overstated its patient receivables and patient revenue for the first
three quarters of 2004. Following this announcement, OCA's stock price plummeted
by $1.53 per share, to close at $2.50 per share, and has since fallen further to
under $1.50 per share, a total drop of more than 66%.

If you wish to review a copy of the Complaint, to discuss this action, or have
any questions, please contact Teresa L. Webb ([e-mail]) or Carolyn
Moskowitz ([e-mail]) of the Pomerantz Firm at 888.476.6529 (or
888.4-POMLAW), toll free. Those who inquire by e-mail are encouraged to include
their mailing address and telephone number.

The Pomerantz Firm, which has offices in New York, Chicago and Washington, D.C.,
is acknowledged as one of the premier firms in the areas of corporate,
securities, and antitrust class litigation. Founded by the late Abraham L.
Pomerantz, known as the dean of the class action bar, the Pomerantz Firm
pioneered the field of securities class actions. Today, more than 50 years
later, the Pomerantz Firm continues in the tradition he established, fighting
for the rights of the victims of securities fraud, breaches of fiduciary duty,
and corporate misconduct. The Firm has recovered numerous multimillion-dollar
damages awards on behalf of class members. For more information about the Firm,
visit our web site at http://www.pomlaw.com.

More information on this and other class actions can be found on the Class
Action Newsline at www.primezone.com/ca.

SOURCE: Pomerantz Haudek Block Grossman & Gross LLP

By Staff

CONTACT: Pomerantz Haudek Block Grossman & Gross LLP Teresa Webb [phone] (888) 4-POMLAW [e-mail]

(C) 2005 PRIMEZONE, All rights reserved.