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_______________
Copyright (c) 2001
Stanford Law School


Smart Modular Technologies, Inc.
Summary: On January 26, 2001, U.S. District James Ware issued an Order dismissing the case with prejudice. Judge Ware continues to state that this order is without prejudice to any parallel state law claims and actions asserting only state law claims and the court finds that rule 11 sanctions are not warranted.

According to a Press Release dated July 1, 1998, the complaint charges Smart Modular and certain of its officers and directors with violations of the Securities Exchange Act of 1934. The complaint alleges that during the Class Period, defendants falsely represented that Smart Modular was "experiencing accelerating demand" for its memory modules, its strong EPS reflected the "fundamental . . . strength of the markets we address" and Smart Modular's "growth rate will likely accelerate."

A similar lawsuit was filed in the Superior Court of California.

INDUSTRY CLASSIFICATION:
SIC Code: 3674
Sector: Technology
Industry: Computer Storage Devices


COMPANY/ISSUER NAME: Smart Modular Technologies, Inc.
COMPANY/ISSUER TICKER: SMOD
COMPANY WEBSITE: http://www.smartm.com

FIRST IDENTIFIED COMPLAINT IN THE DATABASE
Boren, et al. vs. Smart Modular Technologies, Inc., et al.
 COURT: N.D. California  DOCKET NUMBER: 98-CV-20692
 JUDGE NAME: James Ware
 DATE FILED: 07/01/1998  SOURCE: Complaint
 CLASS PERIOD START: 07/01/1997  CLASS PERIOD END: 05/21/1998
 TYPE OF COMPLAINT: Unamended/Unconsolidated
 PLAINTIFF FIRMS IN THIS OR SIMILAR CASE:
  • Gold Bennett Cera & Sidener LLP
      595 Market Street, Suite 2300, San Francisco, CA, 94105-2835sco
       (voice) 800.778.1822, (fax) 415.777.5189, info@gbcsf.com
  • Milberg, Weiss, Bershad, Hynes & Lerach LLP (San Diego, CA)
      600 West Broadway, 1800 One America Plaza, San Diego, CA, 92101
       (voice) 800.449.4900, (fax) , support@milberg.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,
  • Richard D. Kranich
      531 Main Street, Suite 407, New York, NY, 10044-0107tre
       (voice) 212.608.8965, (fax) ,
    _____________________________________________
     TOTAL NUMBER OF PLAINTIFF FIRMS:  4

  •  DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT
    Class Action Complaint for Violation of the Federal Securities Laws
    Type: Complaint Date on the document: 07/01/1998
    Declaration Of John K. Grant In Support Of The Boren Plaintiff Group's Motion To Be Appointed Lead Plaintiffs Pursuant To §21d(A)(3)(B)
    Type: Declaration Date on the document: 08/28/1998
    Notice Of Motion, Motion And Memorandum Of Points And Authorities In Support Of The Boren Plaintiff Group's Motion To Be Appointed Lead Plaintiffs Pursuan
    Type: Motion Date on the document: 08/28/1998
    Notice Of Motion, Motion And Memorandum Of Points And Authorities In Support Of The Boren Plaintiff Group's Motion To Consolidate For All Purposes
    Type: Motion Date on the document: 08/28/1998
    Declaration of Steven Chroman in Support of the Bisson Group's Motion for Appointment of Lead Plaintiffs and Lead Counsel Pursuant to Section 21D
    Type: Declaration Date on the document: 08/31/1998
    Memorandum of Points and Authorities in Support of the Bisson Group's Motion for Appointment of Lead Plaintiffs and Lead Counsel Pursuant
    Type: Motion Date on the document: 08/31/1998
    Litigants
    Type: Other Date on the document: 09/02/1998

    REFERENCE COMPLAINT
    In Re: Smart Modular Technologies, Inc. Securities Litigation
     COURT: N.D. California  DOCKET NUMBER: 98-CV-20692
     JUDGE NAME: Hon. James Ware
     DATE FILED: 11/30/1998  SOURCE: Business Wires
     CLASS PERIOD START: 07/01/1997  CLASS PERIOD END: 05/21/1998
     TYPE OF COMPLAINT: Consolidated and/or Amended
     PLAINTIFF FIRMS NAMED IN COMPLAINT:
  • Milberg, Weiss, Bershad, Hynes & Lerach LLP (San Diego, CA)
      600 West Broadway, 1800 One America Plaza, San Diego, CA, 92101
       (voice) 800.449.4900, (fax) , support@milberg.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
    Consolidated Class Action Complaint For Violation Of The Federal Securities Laws
    Type: Complaint Date on the document: 11/30/1998
    Defendants' Notice of Motion
    Type: Motion Date on the document: 02/09/1999
    CIVIL DOCKET FOR CASE #: 98-CV-20692
    Type: Docket Date on the document: 04/14/1999
    Declaration Of John K. Grant In Support Of Plaintiffs' Opposition To Defendants' Motion To Dismiss Consolidated Complaint
    Type: Declaration Date on the document: 04/14/1999
    Notice Of Motion And Motion To Strike Exhibits 1, 4, And 6-8 Submitted In Support Of Defendants' Motion To Dismiss
    Type: Motion Date on the document: 04/14/1999
    Plaintiffs' Opposition to Defendants' Motion to Dismiss
    Type: Motion Date on the document: 04/14/1999
    Plaintiffs' Opposition To Defendants' Motion To Dismiss Consolidated Complaint
    Type: Motion Date on the document: 04/14/1999
    Amended Notice Of Motion To Strike Exhibits 1, 4, And 6-8 Submitted In Support Of Defendants' Motion To Dismiss
    Type: Motion Date on the document: 04/26/1999
    Reply Memorandum
    Type: Other Date on the document: 05/26/1999
    Reply In Support Of Motion To Strike Exhibits 1, 4, And 6-8 Submitted In Support Of Defendants' Motion To Dismiss
    Type: Motion Date on the document: 05/28/1999
    Plaintiffs' Notice of Motion
    Type: Notice Date on the document: 07/27/1999
    Defendants' Opposition to Plaintiffs' Motion
    Type: Motion Date on the document: 08/23/1999
    Plaintiff's Reply in Support of Motion
    Type: Motion Date on the document: 08/31/1999
    U.S. District Court Civil Docket
    Type: Docket Date on the document: 01/26/2001

     OTHER DOCUMENTS
    Litigants
    Case Name and/or Number: Cha v. Smart Modular Tech., et al
    Type: Other Date on the document: 04/22/1998
    Class Action Complaint for Violation of the Federal Securities Laws
    Case Name and/or Number: Woszczak v. Smart Modular Technologies, Inc., et al.
    Type: Complaint Date on the document: 07/02/1998
    Complaint for Violation of Federal Securities Laws
    Case Name and/or Number: Bisson, et al v. Smart Modular Tech, et al
    Type: Complaint Date on the document: 07/09/1998
    Class Action Complaint For Violation Of The Federal Securities Laws
    Case Name and/or Number: D'Amato v. Smart Modular Tech, et al
    Type: Complaint Date on the document: 07/15/1998
    Class Action Complaint For Violation Of The Federal Securities Laws
    Case Name and/or Number: Cha v. Smart Modular Tech., et al
    Type: Complaint Date on the document: 07/16/1998
    Notice of Publication Pursuant to Local Rule 23-1(a)
    Case Name and/or Number: Bisson, et al. v. Smart Modular Technologies, Inc., et al.
    Type: Notice Date on the document: 07/28/1998
    Class Action Complaint for Violation of Federal Securities Law
    Case Name and/or Number: Chang v. Smart Modular Tech, et al
    Type: Complaint Date on the document: 08/13/1998
    CIVIL DOCKET FOR CASE #: 98-CV-20795
    Case Name and/or Number: Cha v. Smart Modular Tech., et al
    Type: Docket Date on the document: 08/14/1998
    Litagants
    Case Name and/or Number: Bisson, et al v. Smart Modular Tech, et al
    Type: Other Date on the document: 08/14/1998
    CIVIL DOCKET FOR CASE #: 98-CV-20714
    Case Name and/or Number: Bisson, et al v. Smart Modular Tech, et al
    Type: Docket Date on the document: 09/02/1998
    CIVIL DOCKET FOR CASE #: 98-CV-20793
    Case Name and/or Number: D'Amato v. Smart Modular Tech, et al
    Type: Docket Date on the document: 09/02/1998
    CIVIL DOCKET FOR CASE #: 98-CV-20794
    Case Name and/or Number: Woszczak v. Smart Modular Technologies, Inc., et al.
    Type: Docket Date on the document: 09/02/1998
    Litigants
    Case Name and/or Number: Woszczak v. Smart Modular Technologies, Inc., et al.
    Type: Other Date on the document: 09/02/1998
    Litigants
    Case Name and/or Number: D'Amato v. Smart Modular Tech, et al
    Type: Other Date on the document: 09/02/1998
    Litigants
    Case Name and/or Number: Chang v. Smart Modular Tech, et al
    Type: Other Date on the document: 09/02/1998
    CIVIL DOCKET FOR CASE #: 98-CV-20898
    Case Name and/or Number: Chang v. Smart Modular Tech, et al
    Type: Docket Date on the document: 09/08/1998
    Memorandum of Points
    Case Name and/or Number: Reagan, et al. v. Smart Modular Technologies, Inc.
    Type: Other Date on the document: 12/21/1998
    Plaintiffs' Memorandum of Points and Authorities in Opposition to Defendants' Motion for a Stay of Proceedings
    Case Name and/or Number: Reagan, et al. v. Smart Modular Technologies, Inc.
    Type: Other Date on the document: 01/15/1999
    Reply Memorandum in Support of Defendants' Motion to Stay Proceedings
    Case Name and/or Number: Reagan, et al. v. Smart Modular Technologies, Inc.
    Type: Other Date on the document: 01/29/1999
    Order Granting Defendants' Motion to Stay Proceedings
    Case Name and/or Number: Reagan, et al. v. Smart Modular Technologies, Inc.
    Type: Order Date on the document: 02/22/1999
    Notice Of Pendency And Proposed Settlement Of Class Action - State Court
    Case Name and/or Number: Reagan
    Type: Settlement Date on the document: 12/19/2002

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