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Symantec Corporation
Conclusion: According to the docket dated October 26, 1999, the parties reached an agreement to settle. The Stipulation of Settlement dated August 23, 1999 outlines the terms of the settlement. On October 26, 1999, Order by Judge Jeremy Fogel granted motion in support of motion for approval of plan of allocation, and granted motion in support of application for attorney fees and reimbursement of expenses. The court also issued the Final Judgment dismissing the case.
The original complaint alleges that during the Class Period, defendants engaged in a fraudulent scheme and course of business that operated as a fraud or deceit on all persons who purchased or otherwise acquired Symantec stock. As set forth hereafter, these false and misleading statements included statements about (1) Symantec's new Windows 95-related utility software products known as Norton Navigator, Norton AntiVirus and Norton Utilities; (2) Symantec's Enterprise products; (3) Symantec's sales in Europe; and (4) other aspects of Symantec's business. Furthermore, Symantec's financial statements for its first and second quarters of fiscal 1996 (ended June 30 and September 29, 1995) were false and misleading in violation of Generally Accepted Accounting Principles.
INDUSTRY CLASSIFICATION:
SIC Code: 7372
Sector: Technology
Industry: Software & Programming
| FIRST IDENTIFIED COMPLAINT IN THE DATABASE |
| Joseph R. Molinari, Jr., et al. v. Symantec Corporation, et al. |
| COURT: N.D. California | DOCKET NUMBER: 97-CV-20021 |
| JUDGE NAME: Hon. William A. Ingram |
| DATE FILED: 01/07/1997 | SOURCE: Internet | | CLASS PERIOD START: 06/09/1995 | CLASS PERIOD END: 01/08/1996 | | TYPE OF COMPLAINT: First Consolidated | | 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 (San Diego, CA)
600 West Broadway, 1800 One America Plaza, San Diego, CA, 92101
(voice) 800.449.4900, (fax) , support@milberg.com
_____________________________________________
TOTAL NUMBER OF PLAINTIFF FIRMS: 2 | |
| DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT | | Class Action Complaint for Violation of the Securities Exchange Act of 1934 | | Type: Complaint | Date on the document: 01/06/1997 | | Notice Of Motion, Motion And Memorandum In Support Of Defendants' Motion To Dismiss Plaintiffs' Complaint For Violation Of The Securities Exchange Act Of 1934 (Fed. R. Civ. P. 9(b), 12(b)(6)) | | Type: Other | Date on the document: 03/24/1997 | | Notice Of Motion, Motion And Memorandum In Support Of Separate Motion Of Defendants Boesenberg, Wang, Taylor, Laing And Witte To Dismiss Plaintiffs' Complaint For Violation Of The Securities Exchange Act Of 1934 (Fed. R. Civ. P. 9(b), 12(b)(6)) | | Type: Motion | Date on the document: 03/24/1997 | | Notice of No Opposition to Appointment of Lead Plaintiffs Pursuant to Section 21D(a)(3)(B) of the Securities Exchange Act of 1934 and for Approval of Lead Plaintiffs' Choice of Counsel | | Type: Notice | Date on the document: 04/01/1997 | | Declaration of David C. Walton | | Type: Declaration | Date on the document: 04/21/1997 | | Declaration of Helen J. Hodges in Support of Plaintiffs' Opposition to Defendants' Motions to Dismiss | | Type: Declaration | Date on the document: 04/21/1997 | | Plaintiffs' Memorandum in Opposition to Defendants' Motions to Dismiss | | Type: Other | Date on the document: 04/21/1997 | | Reply Brief In Support Of Defendants' Motion To Dismiss Plaintiffs' Complaint For Violation Of The Securities Exchange Act Of 1934 (Fed. R. Civ. P. 9(b), 12(b)(6)) | | Type: Brief | Date on the document: 05/12/1997 | | Reply Memorandum In Support Of Separate Motion Of Defendants Boesenberg, Wang, Taylor, Laing And Witte To Dismiss Plaintiffs' Complaint For Violation Of The Securities Exchange Act Of 1934 | | Type: Other | Date on the document: 05/12/1997 | | Reply Memorandum in Support of Plaintiffs' Cross-Motion to Strike Certain Evidence Offered by Defendants on Their Motions to Dismiss and Opposition to Counter-Motion to Strike | | Type: Other | Date on the document: 05/19/1997 | | Notice and Cross-Motion to Strike Certain Evidence Offered By Defendants on Their Motions to Dismiss and Memorandum in Support Thereof | | Type: Motion | Date on the document: 06/23/1997 | | Plaintiffs' Supplemental Submission Of Authority Pursuant To Local Rule 7-3(e) | | Type: Other | Date on the document: 12/08/1997 | | Plaintiffs' Supplemental Submission Of Authority Pursuant To Local Rule 7-3(e) | | Type: Other | Date on the document: 02/10/1998 | | Order Granting Defendants' Motion to Dismiss with Leave to Amend | | Type: Order | Date on the document: 02/17/1998 | | Order Re: Statement Chart | | Type: Order | Date on the document: 02/17/1998 |
REFERENCE COMPLAINT | | Joseph R. Molinari, Jr., et al. v. Symantec Corporation, et al. | | COURT: N.D. California | DOCKET NUMBER: 97-CV-20021 | | JUDGE NAME: Hon. Jeremy Fogel | | DATE FILED: 04/17/1998 | SOURCE: Business Wires | | CLASS PERIOD START: 06/09/1995 | CLASS PERIOD END: 01/08/1996 | | TYPE OF COMPLAINT: First Amended | | PLAINTIFF FIRMS NAMED IN COMPLAINT: |
Berman, DeValerio & Pease LLP
One Liberty Square, Boston, MA, 02109
(voice) (617) 542-8300, (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 (Los Angeles, CA)
355 S Grand Ave - Ste 4170, Los Angeles, CA, 90071-3172
(voice) 213.617.9007, (fax) ,
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
_____________________________________________
TOTAL NUMBER OF PLAINTIFF FIRMS: 4 | |
| DOCUMENTS FOR THE REFERENCE COMPLAINT | | First Amended Complaint For Violation Of The Securities Exchange Act Of 1934 | | Type: Complaint | Date on the document: 04/17/1998 | | Appendix of Authorities in Support of Defendants' Motions To Dismiss Plaintiff's First Amended Complaint | | Type: Other | Date on the document: 06/11/1998 | | Declaration of Michael L. Charlson in Support of Defendants' Motions To Dismiss Plaintiffs' First Amended Complaint | | Type: Motion | Date on the document: 06/11/1998 | | Defendants' Notice, Motion and Memorandum in Support of Motion to Strike Portions of Plantiffs' First Amended Complaint | | Type: Motion | Date on the document: 06/11/1998 | | Notice Of Motion, Motion And Memorandum In Support Of Defendants'Motion To Dismiss Plaintiffs' First Amended Complaint For Violation Of The Securities Exchange Act Of 1934 | | Type: Motion | Date on the document: 06/11/1998 | | Notice, Motion and Memorandum in Support of Motions of Defendants Boesenberg, Wang, Taylor, Laing and Witte To Dismiss Plaintiffs' First Amended Complaint | | Type: Motion | Date on the document: 06/11/1998 | | Request for Judicial Notice in Support of Defendants' Motion to Strike Portions of Plaintiffs' First Amended Complaint | | Type: Other | Date on the document: 06/11/1998 | | Declaration Of Kimberly C. Epstein In Support Of Plaintiffs' Memorandum Of Points And Authorities In Opposition To Defendants' Motion To Dismiss Plaintiffs' First Amended Complaint | | Type: Declaration | Date on the document: 07/31/1998 | | Notice Of Cross-Motion And Cross-Motion To Strike Certain Evidence Offered By Defendants On Their Motion To Dismiss Plaintiffs' First Amended Complaint And Memorandum Of Points And Authorities In Support Thereof | | Type: Motion | Date on the document: 07/31/1998 | | Plaintiffs' Memorandum of Points and Authorities in Opposition to Defendants' Motion to Dismiss Plaintiffs' First Amended Complaint | | Type: Other | Date on the document: 07/31/1998 | | Plaintiffs' Memorandum Of Points And Authorities In Opposition To Defendants' Motion To Strike Portions Of Plaintiffs' First Amended Complaint | | Type: Other | Date on the document: 07/31/1998 | | Plaintiffs' Memorandum Of Points And Authorities In Opposition To The Separate Motion Of Defendants Boesenberg, Wang, Taylor, Laing And Witte To Dismiss Plaintiffs' First Amended Complaint | | Type: Other | Date on the document: 07/31/1998 | | Defendants' Opposition to Plaintiffs' Cross-Motion to Strike Certain Evidence Offered by Defendants | | Type: Motion | Date on the document: 09/08/1998 | | Defendants' Reply Memorandum in Support of Motion to Strike Portions of Plaintiffs' First Amended Complaint | | Type: Other | Date on the document: 09/08/1998 | | Reply Memorandum In Of Separate Motion Of Defendants Boesenberg, Wang, Taylor, Laing And Witte To Dismiss Plaintiffs' First Amended Complaint | | Type: Other | Date on the document: 09/08/1998 | | Reply Memorandum in Support of Defendants' Motion To Dismiss Plaintiffs' First Amended Complaint | | Type: Other | Date on the document: 09/08/1998 | | Supplemental Appendix of Authorities in Support of Defendants' Motions To Dismiss Plaintiffs' First Amended Complaint | | Type: Other | Date on the document: 09/08/1998 | | Statement of Additional Recent Decision re: Motions to Dismiss Complaint | | Type: Other | Date on the document: 08/11/1999 | | U.S. District Court Civil Docket | | Type: Docket | Date on the document: 10/26/1999 | | U.S. District Court Civil Docket | | Type: Docket | Date on the document: 10/26/1999 |
| OTHER DOCUMENTS | | |
| Case Name and/or Number: |
| Type: | Date on the document: |
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