Secure Computing Corporation - Securities Class Action

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_______________
Copyright (c) 2001
Stanford Law School

Secure Computing Corporation Summary: The original complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price.

On July 2, 2007, a Class Action Amended Complaint For Violations Of Federal Securities Laws was filed. On August 16, 2007, the defendants filed a motion to dismiss the Amended Complaint, and on March 4, 2008, the Court issued the order denying the defendants’ motion to dismiss. On August 29, 2008, the lead plaintiff filed a motion for class certification. On December 31, 2008, the lead plaintiff filed a Stipulation of Settlement and motion for preliminary approval of the settlement. The proposed settlement is in the amount of $3,600,000 in cash.

On February 9, 2009, District Court Judge Samuel Conti granted the motion for preliminary approval of the settlement. A Settlement Hearing will be held on June 26 2009, to determine whether the Settlement, as set forth in the Stipulation, should be approved as fair, just, reasonable and adequate. On July 8, 2009, Judge Conti approved the settlement, the plan of allocation and granted the motion for attorney fees. The action was dismissed with prejudice.

INDUSTRY CLASSIFICATION:
SIC Code: 3577
Sector: Technology
Industry: Computer Peripherals

COMPANY/ISSUER NAME:	Secure Computing Corporation
COMPANY/ISSUER TICKER:	SCUR
COMPANY WEBSITE:	http://www.securecomputing.com

FIRST IDENTIFIED COMPLAINT IN THE DATABASE

Rosenbaum Capital, LLC, et al. v. Secure Computing Corporation, et al.

COURT: N.D. California	DOCKET NUMBER: 07-CV-00392
JUDGE NAME: Hon. Samuel Conti
DATE FILED: 01/19/2007	SOURCE: Notice of Filing
CLASS PERIOD START: 05/04/2006	CLASS PERIOD END: 07/11/2006
TYPE OF COMPLAINT: Complaint (Unamended and Unconsolidated)
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Federman & Sherwood (Oklahoma City) 120 North Robinson, Suite 2720, Oklahoma City, OK, 73102 (voice) 405-235-1560, (fax) , wfederman@aol.com Green Welling LLP (San Francisco,) 595 Market Street, Suite 2750, San Francisco,, CA, 94105 (voice) (415) 477-6700, (fax) (415) 477-6710, gw@classcounsel.com Law Offices of Marc S. Henzel (Bala Cynwyd) 273 Montgomery Ave. Suite 202, Bala Cynwyd, PA, 19004 (voice) 610.660.8000, (fax) 610.660.8080, securitiesfraud@comcast.net _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 3

DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT
Class Action Complaint for Violations of Federal Securities Laws - Jury Trial Demanded
Type: Complaint		Date on the document: 01/19/2007
U.S. District Court Civil Docket
Type: Docket		Date on the document: 01/26/2007
Declaration Of Robert Green III Support Of Movant Thomas Group’s Motion For Appointment Of Lead Plaintiff; And For Approval Of Its Choice Of Counsel As Lead And Liaison Counsel For The Class
Type: Declaration		Date on the document: 03/19/2007
Movant Thomas Group’s Notice Of Motion; Memorandum Of Points And Authorities In Support Of Motion For Appointment Of Lead Plaintiff; And For Approval Of Its Choice Of Counsel As Lead And Liaison Counsel For The Class
Type: Motion		Date on the document: 03/20/2007
[Proposed] Order Granting Movant Thomas Group’s Motion For Appointment Of Lead Plaintiff And For Approval Of Its Choice Of Lead And Liaison Counsel
Type: Order		Date on the document: 03/20/2007
Stipulation And Proposed Order Continuing Date Of Case Management Conference
Type: Order		Date on the document: 04/06/2007
Defendants’ Response To Motion For Appointment Of Lead Plaintiff And Approval Of Class Counsel
Type: Other		Date on the document: 04/13/2007
Stipulation And Order Continuing Date Of Case Management Conference
Type: Order		Date on the document: 04/16/2007
Order Granting Movant Thomas Group’s Motion For Appointment Of Lead Plaintiff And For Approval Of Its Choice Of Lead And Liaison Counse
Type: Order		Date on the document: 05/03/2007
Notice Of Change In Counsel
Type: Notice		Date on the document: 05/16/2007
ADR Certification By Parties And Counsel
Type: Other		Date on the document: 06/08/2007
Notice Of Need For ADR Phone Conference
Type: Notice		Date on the document: 06/08/2007
Stipulation And Proposed Order To Modify Briefing Schedule
Type: Order		Date on the document: 06/14/2007
Alternative Dispute Resolution Program
Type: Other		Date on the document: 06/18/2007
Notice
Type: Other		Date on the document: 06/18/2007
Stipulation And Order To Modify Briefing Schedule
Type: Order		Date on the document: 06/18/2007
Second Stipulation Extending Defendants' Time To Answer Complaint
Type: Order		Date on the document: 04/15/2008

REFERENCE COMPLAINT

Rosenbaum Capital, LLC, et al. v. Secure Computing Corporation, et al.

COURT: N.D. California	DOCKET NUMBER: 07-CV-00392
JUDGE NAME: Hon. Samuel Conti
DATE FILED: 07/02/2007	SOURCE: Docket
CLASS PERIOD START: 05/04/2006	CLASS PERIOD END: 07/11/2006
TYPE OF COMPLAINT: Consolidated Complaint
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Federman & Sherwood (Oklahoma City) 120 North Robinson, Suite 2720, Oklahoma City, OK, 73102 (voice) 405-235-1560, (fax) , wfederman@aol.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 1

DOCUMENTS FOR THE REFERENCE COMPLAINT
Class Action Amended Complaint For Violations Of Federal Securities Laws
Type: Complaint		Date on the document: 07/02/2007
Certification Of Interested Entities Or Persons
Type: Other		Date on the document: 08/16/2007
Defendant's Request For Judicial Notice And Consideration Of Documents In Support Of Motion To Dismiss
Type: Other		Date on the document: 08/16/2007
Notice Of Motion; Defendants' Motion To Dismiss For Failure To State A Claim; And Memorandum Of Points And Authorities In Support
Type: Motion		Date on the document: 08/16/2007
Proof of Service
Type: Other		Date on the document: 08/16/2007
[Proposed] Order Granting Defendants' Motion To Dismiss For Failure To State A Claim
Type: Order		Date on the document: 08/16/2007
Plaintiffs’ Memorandum Of Law In Opposition To Defendants’ Motion To Dismiss
Type: Memorandum		Date on the document: 10/01/2007
Plaintiff T. Paul Thomas' Unopposed Motion To Withdraw As Co-Lead Plaintiff
Type: Motion		Date on the document: 10/19/2007
Order Granting Plaintiff T. Paul Thomas' Unopposed Motion To Withdraw As Co-Lead Plaintiff
Type: Complaint		Date on the document: 10/25/2007
Reply Memorandum In Support Of Defendants' Motion To Dismiss For Failure To State A Claim
Type: Memorandum		Date on the document: 10/31/2007
Stipulation And [Proposed] Order Rescheduling Initial Case Management Conference And Related Deadlines
Type: Order		Date on the document: 11/12/2007
Plaintiff's Opposed Application To File Surreply To The Reply Memorandum In Support Of Defendants' Motion To Dismiss For Failure To State A Claim
Type: Other		Date on the document: 11/14/2007
Plaintiff's Opposed Application To File Surreply To The Reply Memorandum In Support Of Defendants' Motion To Dismiss For Failure To State A Claim
Type: Other		Date on the document: 11/15/2007
Stipulation And Order Rescheduling Initial Case Management Conference And Related Deadlines
Type: Order		Date on the document: 11/15/2007
Plaintiff's Surreply To Defendants' Reply Memorandum In Support Of Defendants' Motion To Dismiss For Failure To State A Claim
Type: Other		Date on the document: 11/19/2007
Order Denying Defendants' Motion to Dismiss
Type: Order		Date on the document: 03/04/2008
Stipulation And [Proposed] Order Rescheduling Initial Case Management Conference And Related Deadlines
Type: Order		Date on the document: 03/11/2008
Stipulation And Order Rescheduling Initial Case Management Conference And Related Deadlines
Type: Order		Date on the document: 03/11/2008
Stipulation Extending Defendants' Time To Answer Complaint
Type: Other		Date on the document: 03/11/2008
Second Stipulation Extending Defendants' Time To Answer Complaint
Type: Other		Date on the document: 04/14/2008
Stipulation Of Settlement
Type: Other		Date on the document: 12/31/2008
Order Preliminarily Approving Settlement And Approving The Form And Manner Of Notice
Type: Order		Date on the document: 02/09/2009
Final Judgment
Type: Other		Date on the document: 07/08/2009
Order Approving Award Of Attorneys' Fees And Reimbursement Of Expenses
Type: Order		Date on the document: 07/08/2009
U.S. District Court Civil Docket
Type: Docket		Date on the document: 12/22/2009

OTHER DOCUMENTS

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

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