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.

COMPANY INFORMATION:

Sector: Consumer Cyclical
Industry: Audio & Video Equipment
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CREG
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: C.D. California
DOCKET #: 97-CV-2139
JUDGE: Hon. William J. Rea
DATE FILED: 04/02/1997
CLASS PERIOD START: 05/21/1996
CLASS PERIOD END: 03/10/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Goodkind Labaton Rudoff & Sucharow LLP
    100 Park Avenue, Goodkind Labaton Rudoff & Sucharow LLP, NY 10017
    212.907.0700 212.818.0477 · info@glrslaw.com
  2. Hanzman, Criden, Korge, Chaykin, Ponce & Heise, P.A.
    200 S. Biscayne Blvd., Hanzman, Criden, Korge, Chaykin, Ponce & Heise, P.A., FL 33131
    ·
  3. Lionel Z. Glancy
    1801 Avenue of the Stars Suite 308, Lionel Z. Glancy, CA 90067
    310.201.9150 ·
No Document Title Filing Date
COURT: C.D. California
DOCKET #: 97-CV-2139
JUDGE: Hon. William J. Rea
DATE FILED: 01/27/1998
CLASS PERIOD START: 05/21/1996
CLASS PERIOD END: 03/10/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Goodkind Labaton Rudoff & Sucharow LLP
    100 Park Avenue, Goodkind Labaton Rudoff & Sucharow LLP, NY 10017
    212.907.0700 212.818.0477 · info@glrslaw.com
  2. Lionel Z. Glancy
    1801 Avenue of the Stars Suite 308, Lionel Z. Glancy, CA 90067
    310.201.9150 ·
No Document Title Filing Date
No Document Title Filing Date