The Law Firm of Cauley Geller Bowman & Coates, LLP announced today that it has filed a class action in the United States District Court for the District of South Dakota on behalf of all individuals and institutional investors that purchased the common stock of IBP, Inc. ("IBP" or the "Company") (NYSE: IBP) between February 7, 2000 and March 13, 2001, inclusive (the "Class Period").