Firefox Communications, Inc. - Securities Class Action

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_______________
Copyright (c) 2001
Stanford Law School

Firefox Communications, Inc. Summary: According to the docket, on May 24, 2000, the Court entered the Order and Judgment by Senior Judge Spencer Williams dismissing case with prejudice. The plaintiff soon after filed a Notice of Appeal and on June 4, 2001, the Court entered the certified copy of the US Court of Appeals Order affirming the decision of the District Court.

Earlier, on May 6, 1997, Senior Judge Spencer Williams granting motion to dismiss first amended complaint without leave to amend. The Plaintiffs filed a Notice of Appeal on June 3, 1997, and, on January 3, 2000, the Court entered the Judgment from the USCA remanding the matter back to the District Court.

On February 23, 1996, a class action lawsuit was filed in the United States District Court for the Northern District of California, San Francisco Division, naming Firefox and certain of its officers and directors as defendants. The lawsuit alleges that the defendants misrepresented or failed to disclose material facts about Firefox's operations and financial results, which the plaintiffs contend resulted in an artificial inflation of the price of the Firefox Common Stock. The suit is purportedly brought on behalf of a class of purchasers of the Firefox Common Stock during the period from August 3, 1995 to January 2, 1996. The complaint alleges claims for violations of Section 10(b) and 20(a) of the Exchange Act. Specifically, the complaint alleges that each of the defendants knew or had access to allegedly material adverse non-public information about Firefox's financial results and business conditions which allegedly was not disclosed and participated in drafting, reviewing and/or approving alleged misleading statements, releases, reports and other public representations of and about Firefox.

INDUSTRY CLASSIFICATION:
SIC Code: 7372
Sector: Technology
Industry: Software & Programming

COMPANY/ISSUER NAME:	Firefox Communications, Inc.
COMPANY/ISSUER TICKER:	FFOX
COMPANY WEBSITE:	http://www.ftp.com

FIRST IDENTIFIED COMPLAINT IN THE DATABASE

Zeid, et al. v. Kimberley, et al.

COURT: N.D. California	DOCKET NUMBER: 96-CV-20136
JUDGE NAME: Hon. Spencer Williams
DATE FILED: 02/23/1996	SOURCE: Business Wires
CLASS PERIOD START: 08/03/1995	CLASS PERIOD END: 01/02/1996
TYPE OF COMPLAINT: Unamended/Unconsolidated
PLAINTIFF FIRMS IN THIS OR SIMILAR CASE:
Lowey, Dannenberg, Bemporad & Selinger, P.C. 1 North Lexington Avenue, 11th Floor, White Plains, NY, 10601-1714 (voice) 914.997.0500, (fax) 914.997.0035, ldbs@wesetnet.com Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA) 100 Pine Street - Suite 2600, San Francisco, CA, 94111 (voice) 415.288.4545, (fax) 415.288.4534, _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 2

DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT

Type:		Date on the document:

REFERENCE COMPLAINT

Zeid, et al. v. Kimberley, et al.

COURT: N.D. California	DOCKET NUMBER: 96-CV-20136
JUDGE NAME: Senior Judge Spencer Williams
DATE FILED: 02/23/1996	SOURCE: Business Wires
CLASS PERIOD START: 08/03/1995	CLASS PERIOD END: 01/02/1996
TYPE OF COMPLAINT: Consolidated and/or Amended
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Lowey, Dannenberg, Bemporad & Selinger, P.C. 1 North Lexington Avenue, 11th Floor, White Plains, NY, 10601-1714 (voice) 914.997.0500, (fax) 914.997.0035, ldbs@wesetnet.com Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA) 100 Pine Street - Suite 2600, San Francisco, CA, 94111 (voice) 415.288.4545, (fax) 415.288.4534, _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 2

DOCUMENTS FOR THE REFERENCE COMPLAINT
Docket
Type: Docket		Date on the document: 07/19/2000
U.S. District Court Civil Docket
Type: Docket		Date on the document: 08/16/2001

OTHER DOCUMENTS
U.S. Court of Appeals Docket
Case Name and/or Number: Zeid, et al. v. Kimberley, et al.
Type: Docket		Date on the document: 04/10/2000
U.S. Court of Appeals Docket
Case Name and/or Number: Zeid, et al. v. Kimberley, et al.
Type: Docket		Date on the document: 03/01/2002

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