Buy.com, Inc. - Securities Class Action

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_______________
Copyright (c) 2001
Stanford Law School

Buy.com, Inc. Summary: According to a Press Release dated 7/12/2001 a complaint was filed against Buy.com allegeing violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. The complaint further alleges that the Prospectus was materially false and misleading because it failed to disclose, among other things, that: (i) Merrill Lynch, Bear Stearns, Robertson Stephens, Goldman Sachs and Smith Barney had solicited and received excessive and undisclosed commissions in exchange for which they allocated to those investors material portions of the restricted number of Buy.com shares issued in Buy.com IPO; and that they had entered into agreements with customers whereby they agreed to allocate Buy.com shares to those customers in the Buy.com IPO in exchange for which the customers agreed to purchase additional Buy.com shares in the aftermarket at pre-determined prices.

INDUSTRY CLASSIFICATION:
SIC Code: 5734
Sector: Services
Industry: Retail (Technology)

COMPANY/ISSUER NAME:	Buy.com, Inc.
COMPANY/ISSUER TICKER:	BUYX
COMPANY WEBSITE:	http://www.buy.com

FIRST IDENTIFIED COMPLAINT IN THE DATABASE

Joel Abrams, et al. v. Buy.com, Inc., et al.

COURT: S.D. New York	DOCKET NUMBER: 01-CV-06323
JUDGE NAME: Hon. Shira A. Scheindlin
DATE FILED: 07/11/2001	SOURCE: Business Wires
CLASS PERIOD START: 02/07/2000	CLASS PERIOD END: 12/06/2000
TYPE OF COMPLAINT: Unamended/Unconsolidated
PLAINTIFF FIRMS IN THIS OR SIMILAR CASE:
Beatie & Osborne LLP 599 Lexington Avenue, 42nd Floor, New York, NY, 10022 (voice) 212.888.9000, (fax) 212.888.9664, Bernstein Liebhard & Lifshitz LLP (New York, NY) 10 E. 40th Street, 22nd Floor, New York, NY, 10016 (voice) 800.217.1522, (fax) , info@bernlieb.com Bull & Lifshitz 18 East 41st St., New York, NY, 10017 (voice) 212.213.6222, (fax) 212.213.9405, Cauley, Geller, Bowman, Coates & Rudman LLP (San Diego, CA) 225 Broadway, Suite 1900, San Diego, CA, 92010 (voice) 619.702.7350, (fax) 619.702.7351, 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 Schiffrin & Barroway LLP 3 Bala Plaza E, Bala Cynwyd, PA, 19004 (voice) 610.667.7706, (fax) 610.667.7056, info@sbclasslaw.com Seeger Weiss LLP (New York) One William Street, New York, NY, 10004 (voice) 212.584.0700, (fax) , info@seegerweiss.com Wechsler Harwood LLP 488 Madison Avenue 8th Floor, New York, NY, 10022 (voice) 212.935.7400, (fax) , info@whhf.com Wolf Haldenstein Adler Freeman & Herz LLP 270 Madison Avenue, New York, NY, 10016 (voice) 212.545.4600, (fax) 212.686.0114, newyork@whafh.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 9

DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT
Class Action Complaint for Violations of the Federal Securities Laws
Type: Complaint		Date on the document: 07/11/2001

REFERENCE COMPLAINT

In Re Buy.com, Inc. Initial Public Offering Securities Litigation

COURT: S.D. New York	DOCKET NUMBER: 01-CV-06323
JUDGE NAME: Hon. Shira A. Scheindlin
DATE FILED: 04/19/2002	SOURCE: Business Wires
CLASS PERIOD START: 02/07/2000	CLASS PERIOD END: 12/06/2000
TYPE OF COMPLAINT: Consolidated and/or Amended
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Bernstein Liebhard & Lifshitz LLP (New York, NY) 10 E. 40th Street, 22nd Floor, New York, NY, 10016 (voice) 800.217.1522, (fax) , info@bernlieb.com Milberg Weiss Bershad & Schulman LLP (New York) One Pennsylvania Plaza, 49th Floor, New York, NY, 10119 (voice) 212.594.5300, (fax) 212.868.1229, info@milbergweiss.com Milberg Weiss Bershad Hynes & Lerach LLP (New York, NY) One Pennsylvania Plaza, New York, NY, 10119-1065 (voice) 212.594.5300, (fax) , Schiffrin & Barroway LLP 3 Bala Plaza E, Bala Cynwyd, PA, 19004 (voice) 610.667.7706, (fax) 610.667.7056, info@sbclasslaw.com Sirota & Sirota LLP 110 Wall Street 21st Floor, New York, NY, 10005 (voice) 888.759.2990, (fax) 212.425.9093, Info@SirotaLaw.com Stull, Stull & Brody (New York) 6 East 45th Street, New York, NY, 10017 (voice) 310.209.2468, (fax) 310.209.2087, SSBNY@aol.com Wolf Haldenstein Adler Freeman & Herz LLP 270 Madison Avenue, New York, NY, 10016 (voice) 212.545.4600, (fax) 212.686.0114, newyork@whafh.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 7

DOCUMENTS FOR THE REFERENCE COMPLAINT
Consolidated Amended Class Action Complaint For Violations Of The Federal Securities Laws
Type: Complaint		Date on the document: 04/19/2002
U.S. District Court Civil Docket
Type: Docket		Date on the document: 08/13/2003

OTHER DOCUMENTS

Case Name and/or Number:
Type:		Date on the document:

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