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Case Page

 

Case Status:    SETTLED
On or around 12/01/1999 (Date of order of final judgment)

Filing Date: April 02, 1997

According to the docket posted on the site, a Notice of Settlement Conference and Settlement Conference and Order was entered on November 18, 1998. The Stipulation and Order of Settlement was entered on April 01, 1999. Then on November 29, 1999, Judge William J. Rea signed the Final Judgment and Order.

The original Complaint charges CREG, and certain of its officers and directors, with violating the federal securities laws. The plaintiff claims that defendants misrepresented and concealed material facts concerning the Company's financial results, including that the Prospectus for the Offering contained materially false and misleading financial statements, and failed to disclose that the Company's financial statements were not prepared in accordance with Generally Accepted Accounting Principles.

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