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Case Status:    SETTLED
On or around 01/12/2001 (Other)

Filing Date: December 17, 1997

According to the docket posted on the site, on August 10, 2000, the plaintiffs and defendants entered into a Stipulation and Agreement of Settlement. On October 26, 2000, Order and Final Judgment for Bernard Indart against Fine Host Corp, Deloitte & Touche, NationsBanc, CIBC Oppenheimer and certain Individual Defendants was signed by Judge Janet C. Hall. The settlement was approved and the case settled.

Furthermore, on February 13, 1998, the plaintiffs in the actions had filed a Motion for Consolidation and for Appointment as Lead Plaintiffs and for Approval of A Selection of Lead Counsel (the "Motion"). On March 25, 1998, the Motion was granted. Lead Plaintiffs filed a Consolidated Amended Complaint on May 14, 1998. On June 29, 1998, the Company and certain of the individual defendants moved to dismiss the claim asserted under Section 11 of the Securities Act of 1933. The other individual defendants moved to dismiss the complaint in its entirety. On October 22, 1998, the Court granted the motion to dismiss the entire complaint as to certain individual defendants and denied the Company's motion to dismiss the claim asserted under Section 11 of the Securities Act of 1933. On December 9, 1998, the plaintiffs amended the complaint to add Deloitte & Touche LLP as a defendant. On March 10, 1999, the plaintiffs further amended the complaint to add William R. Berkley, former director and Chairman of the Board of the Company, Joshua A. Polan, former director of the Company, NationsBank Montgomery Securities and CIBC Oppenheimer defendants.

The original complaint charges Fine Host Corp. and certain officers and directors of the Company during the relevant time period with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, by, among other things, issuing to the investing public false and misleading financial statements and press releases concerning Fine Host's assets, income, earnings and expenses. Because of the issuance of a series of false and misleading financial statements and press releases concerning Fine Host's financial results, the price of Fine Host common stock was artificially inflated during the Class Period.

COMPANY INFORMATION:

Sector: Services
Industry: Restaurants
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: FINE
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: D. Connecticut
DOCKET #: 97-CV-2619
JUDGE: Hon. Janet C. Hall
DATE FILED: 12/17/1997
CLASS PERIOD START: 02/07/1997
CLASS PERIOD END: 12/12/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA)
    600 West Broadway, 1800 One America Plaza, Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA), CA 92101
    800.449.4900 · support@milberg.com
  2. Schatz & Nobel, P.C.
    330 Main Street, Schatz & Nobel, P.C., CT 06106
    800.797.5499 860.493.6290 · sn06106@AOL.com
No Document Title Filing Date
COURT: D. Connecticut
DOCKET #: 97-CV-2619
JUDGE: Hon. Janet C. Hall
DATE FILED: 05/14/1998
CLASS PERIOD START: 02/07/1997
CLASS PERIOD END: 12/12/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Berger & Montague PC
    1622 Locust Street, Berger & Montague PC, PA 19103
    800.424.6690 215.875.4604 · investorprotect@bm.net
  2. Dechert Price & Rhoads
    30 Rockefeller Plaza, Dechert Price & Rhoads, NY 10112
    212.698.3544 ·
  3. Hurwitz & Sagarin
    147 North Broad St., Po Box 112, Hurwitz & Sagarin, CT 06460-0112
    203.877.8000 ·
  4. Milberg Weiss Bershad Hynes & Lerach LLP (New York, NY)
    One Pennsylvania Plaza, Milberg Weiss Bershad Hynes & Lerach LLP (New York, NY), NY 10119-1065
    212.594.5300 ·
  5. Schatz & Nobel, P.C.
    330 Main Street, Schatz & Nobel, P.C., CT 06106
    800.797.5499 860.493.6290 · sn06106@AOL.com
No Document Title Filing Date
No Document Title Filing Date