According to the docket posted on the website, the parties reached a stipulation and agreement of settlement on September 25, 2003. On December 23, 2003, the court gave its Order and Final Judgment approving the settlement.

Pursuant to the Notice of Settlement, a Settlement Fund consisting of $11.7 million in cash, plus interest, has been established.

The plaintiff alleges that Fore Systems and its management, in violation of Section 10(b) of the Securities Exchange Act of 1934, in a scheme to artificially inflate the price of Fore Systems' stock, misled investors about its ability to compete, the demand for its products, and the performance of new products being introduced. In fact, Fore Systems was suffering slow sales growth and a general decline in both its domestic and international markets.