Case Page

 

Case Status:    DISMISSED    
On or around 05/26/1998 (Date of order of final judgment)

Filing Date: January 30, 1998

According to the docket posted and the Company's Form 10-Q for the quarterly period ended June 30, 1998, plaintiff and the defendant have agreed that plaintiff will voluntarily dismiss all claims against all defendants in that action. On May 18, 1998, the Stipulation and Order by Judge Ronald M. Whyte dismissed the case.

The complaint charges Cor and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Specifically, the complaint alleges that throughout the Class Period, defendants caused Cor to disseminate, through public statements and SEC filings, false and misleading statements about the results of the clinical trials for its drug Integrilin for use in patients with unstable angina and non-Q-wave myocardial infarction. The complaint further alleges that defendants engaged in this wrongful conduct for the purpose of allowing the Company to raise more than $59 million in proceeds by completing a public offering of Cor common stock at artificially inflated prices.

COMPANY INFORMATION:

Sector: Healthcare
Industry: Biotechnology & Drugs
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CORR
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: N.D. California
DOCKET #: 98-CV-20104
JUDGE: Hon. Ronald M. Whyte
DATE FILED: 01/30/1998
CLASS PERIOD START: 08/25/1997
CLASS PERIOD END: 01/28/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Bernstein Litowitz Berger & Grossmann LLP (Westfield, NJ)
    220 St. Paul Street, Bernstein Litowitz Berger & Grossmann LLP (Westfield, NJ), NJ 07090
    908.928.1700 908.301.9008 · blbg@blbglaw.com
  2. 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
No Document Title Filing Date