SAC Capital Management, LLC : Fairfax Financial Holdings Limited

Company and Case Information

IMPORTANT INFORMATION | INDEX OF FILINGS | SEARCH

Home

Index of Filings

News and Press Releases

Filings

Decisions

Settlements

Litigation Activity Indices

Top Ten List

Annual/Quarterly Updates

Clearinghouse Research

Articles & Papers

Search

Related Sites

About Us

Local Rules

Sponsors

Register

_______________
Copyright (c) 2001
Stanford Law School

SAC Capital Management, LLC : Fairfax Financial Holdings Limited Conclusion: On April 9, 2007, an Amended Complaint was filed against all defendants. That day, the plaintiffs also filed a motion to appoint Lead Plaintiff. On April 26, 2007, the plaintiffs filed a Notice of Voluntary Dismissal, and on May 8, 2007, the Court entered the Order by Judge Dennis M. Cavanaugh dismissing the case without prejudice.

The original class action lawsuit was filed on behalf of all sellers of common stock of Fairfax Financial Holdings Limited (NYSE:FFH) over the New York Stock Exchange during the Class Period, seeking to pursue remedies under the Securities Exchange Act of 1934. The Complaint alleges that the case "arises from a massive, illegal stock market manipulation scheme that has targeted and severely harmed ... shareholders of Fairfax, and has resulted in immense ill-gotten profits for defendants S.A.C. Capital, Exis Capital, Third Point, Rocker Partners and other extremely powerful hedge funds." The Complaint further alleges that Defendants "launched a manipulation scheme ... which was an abusive short selling strategy coupled with a public relations campaign chock full of false and misleading statements about Fairfax, its executives, its business, and its common stock price designed to drive down (Fairfax's) stock price."

INDUSTRY CLASSIFICATION:
SIC Code: 6331
Sector: Financial
Industry: Insurance (Prop. & Casualty)

COMPANY/ISSUER NAME:	SAC Capital Management, LLC
COMPANY/ISSUER TICKER:	FFH
COMPANY WEBSITE:	http://www.fairfax.ca

FIRST IDENTIFIED COMPLAINT IN THE DATABASE

Edgar Holomon, et al. v. SAC Capital Management, LLC, et al.

COURT: D. New Jersey	DOCKET NUMBER: 07-CV-00640
JUDGE NAME: Hon. Dennis M. Cavanaugh
DATE FILED: 02/07/2007	SOURCE: Notice of Filing
CLASS PERIOD START: 12/18/2002	CLASS PERIOD END: 07/25/2006
TYPE OF COMPLAINT: Unamended/Unconsolidated
PLAINTIFF FIRMS IN THIS OR SIMILAR CASE:
Brower Piven The World Trade Center-Baltimore. 401 East Pratt Street, Suite 2525 , Baltimore, MD, (voice) , (fax) , Seeger Weiss LLP (New York) One William Street, New York, NY, 10004 (voice) 212.584.0700, (fax) , info@seegerweiss.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 2

DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT
Class Action Complaint - Jury Trial Demanded
Type: Complaint		Date on the document: 02/07/2007
Amended Class Action Complaint
Type: Complaint		Date on the document: 04/09/2007
Notice of Voluntary Dismissal
Type: Notice		Date on the document: 04/26/2007
U.S. District Court Civil Docket
Type: Docket		Date on the document: 05/08/2007
Voluntary Dismissal Order
Type: Order		Date on the document: 05/08/2007

OTHER DOCUMENTS
Notice of Removal
Case Name and/or Number: Fairfax Financial Holdings Limited, et al. v. SAC Capital Management, LLC, et al.
Type: Notice		Date on the document: 09/05/2006
U.S. District Court Civil Docket
Case Name and/or Number: Fairfax Financial Holdings Limited, et al. v. SAC Capital Management, LLC, et al.
Type: Docket		Date on the document: 01/16/2007

WARNING AND DISCLAIMER OF LIABILITY:
The information included on this Web site, whether provided by personnel employed by Stanford Law School or by third parties, is provided for research and teaching purposes only. Neither Stanford University, Stanford Law School, nor any of their employees, agents, contractors, or affiliates warrant the accuracy or completeness of the information or analyses displayed herein, and we caution all readers that inclusion of any information on this site does not constitute an endorsement of the truthfulness or accuracy of that information. In particular, this Web site contains complaints and other documents filed in federal and state courts, which make allegations that may or may not be accurate. No reader should, on the basis of information contained in or referenced by this Web site, assume that any of these allegations are truthful.

Go to Search page | Go to Case Index page | Back to Top

�