DonnKenny, Inc. - Securities Class Action

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_______________
Copyright (c) 2001
Stanford Law School

DonnKenny, Inc. Conclusion: According to the Company’s FORM 10-K for the fiscal year ended December 31, 2000, on October 7, 1999, the Company entered into a stipulation of settlement (the "Settlement") with the class action plaintiffs. In consideration for the discontinuance of the lawsuit with prejudice, the Company agreed to pay $10.0 million, of which $5.0 million is the Company's share and the balance is payable by the Company's insurers; issue 750,000 shares of the Company's common stock, and to pursue litigation against two of the Company's insurers to recover under its excess insurers' policies. An order approving the settlement was signed on July 12, 2000

Commencing November 1996, nine class action complaints were filed against the Company in the United States District Court for the Southern District of New York. Among other things, the complaints alleged violation of the federal securities laws. On April 2, 1997, the Court appointed Emanon Partners, L.P. ("Emanon") as the lead plaintiff in the action and ruled that Emanon may select the law firms of Wolf Popper, LLP and Milberg Weiss Bershad Hynes & Lerach, LLP as co-lead counsel. By order dated August 11, 1998, the court certified the litigation as class action on behalf of all persons and entities who purchased publicly traded securities or sold put options of the Company between February 14, 1995 and November 1996.

INDUSTRY CLASSIFICATION:
SIC Code: 2331
Sector: Consumer Cyclical
Industry: Apparel/Accessories

COMPANY/ISSUER NAME:	DonnKenny, Inc.
COMPANY/ISSUER TICKER:	DNKY
COMPANY WEBSITE:

FIRST IDENTIFIED COMPLAINT IN THE DATABASE

Ellen Grauer, et al. v. Richard Rubin, et al.

COURT: S.D. New York	DOCKET NUMBER: 96-CV-8452
JUDGE NAME: Hon. Miriam G. Cedarbaum
DATE FILED: 11/12/1996	SOURCE: Internet
CLASS PERIOD START: 02/14/1995	CLASS PERIOD END: 11/06/1996
TYPE OF COMPLAINT: Unamended/Unconsolidated
PLAINTIFF FIRMS IN THIS OR SIMILAR CASE:
Kaplan Fox & Kilsheimer, LLP (New York, NY) 805 Third Avenue, 22nd Floor, New York, NY, 10022 (voice) 212.687.1980, (fax) 212.687.7714, info@kaplanfox.com Milberg Weiss Bershad Hynes & Lerach LLP (New York, NY) One Pennsylvania Plaza, New York, NY, 10119-1065 (voice) 212.594.5300, (fax) , Pomerantz Haudek Block Grossman & Gross LLP 100 Park Avenue, 26th Floor, New York, NY, 10017-5516ven (voice) 212.661.1100, (fax) 212.661.8665, info@pomerantzlaw.com/ Wolf Popper, LLP 845 Third Avenue, New York, NY, 10022-6689Ave (voice) 877.370.7703, (fax) 212.486.2093, IRRep@wolfpopper.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 4

DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT
Class Action Complaint for Violations of the Federal Securities Laws
Type: Complaint		Date on the document: 11/12/1996
Docket
Type: Docket		Date on the document: 07/14/2000

REFERENCE COMPLAINT

Ellen Grauer, et al. v. Richard Rubin, et al.

COURT: S.D. New York	DOCKET NUMBER: 96-CV-8452
JUDGE NAME: Hon. Miriam G. Cedarbaum
DATE FILED: 06/03/1998	SOURCE: Business Wires
CLASS PERIOD START: 02/14/1995	CLASS PERIOD END: 11/06/1996
TYPE OF COMPLAINT: Second Amended
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Dyer Donnelly 825 Logan Street, Denver, CO, 80203-3114 (voice) 303.861.3003, (fax) , Kaplan Fox & Kilsheimer, LLP (New York, NY) 805 Third Avenue, 22nd Floor, New York, NY, 10022 (voice) 212.687.1980, (fax) 212.687.7714, info@kaplanfox.com Milberg Weiss Bershad Hynes & Lerach LLP (New York, NY) One Pennsylvania Plaza, New York, NY, 10119-1065 (voice) 212.594.5300, (fax) , Wolf, Popper, Ross, Wolf & Jones 845 Third Avenue, New York, NY, 10022-6689 (voice) 212-759-4600, (fax) , _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 4

DOCUMENTS FOR THE REFERENCE COMPLAINT
U.S. District Court Civil Docket
Type: Docket		Date on the document: 02/15/2001

OTHER DOCUMENTS
U.S. District Court Civil Docket
Case Name and/or Number: Spence, et al. v. Donnkenny, Inc., et al .
Type: Docket		Date on the document: 01/31/1997

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