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Case Status:    SETTLED
On or around 07/21/2000 (Date of order of final judgment)

Filing Date: March 12, 1998

According to the docket posted, on July 12, 2000, the Court entered the Order by U.S. District Judge Consuelo B. Marshall awarding attorneys’ fees to plaintiffs’ counsel in the amount of 25% of the settlement amount and reimbursement of litigation expenses. On July 21, 2000, the Court entered the Order and Final Judgment by Judge Consuelo B. Marshall. The Court conditionally certifies the federal litigation as a class action, and, pursuant to Rule 23 of the FRCP, the Court approves the settlement as set forth in the stipulation and finds that the settlement is fair.

On July 20, 1998, the Court appointed lead plaintiff and lead counsel, and granted the motion to consolidate the actions. On September 11, 1998, the plaintiff filed a Consolidated Amended Complaint, and on January 8, 1999, the defendants responded by filing motions to dismiss the Consolidated Amended Complaint. Before the judge ruled on the motions to dismiss, a Second Consolidated Amended Complaint was filed. On November 16, 1999, a Stipulation for Settlement was filed, and on December 16, 1999, the court entered the Order preliminarily approving the settlement.

The original Complaint charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10-b(5) by, among other things: issuing false misleading statements regarding CyberMedia's financial condition as well as its present and future business prospects and improperly accounting for its return reserves in violation of Generally Accepted Accounting Principles.

COMPANY INFORMATION:

Sector: Technology
Industry: Software & Programming
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CYBR
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 #: 98-CV-01811
JUDGE: Hon. Consuelo B. Marshall
DATE FILED: 03/12/1998
CLASS PERIOD START: 07/22/1997
CLASS PERIOD END: 01/30/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Stull, Stull & Brody (Los Angeles)
    10940 Wilshire Boulevard - Suite 2300, Stull, Stull & Brody (Los Angeles), CA 90024
    310.209.2468 ·
  2. Weiss & Yourman (Los Angeles, CA)
    10940 Wilshire Blvd - 24th Floor, Weiss & Yourman (Los Angeles, CA), CA 90024
    310.208.2800 310.209.2348 · info@wyca.com
No Document Title Filing Date
COURT: C.D. California
DOCKET #: 98-CV-01811
JUDGE: Hon. Consuelo B. Marshall
DATE FILED: 03/08/1999
CLASS PERIOD START: 07/22/1997
CLASS PERIOD END: 01/30/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Stull, Stull & Brody (Los Angeles)
    10940 Wilshire Boulevard - Suite 2300, Stull, Stull & Brody (Los Angeles), CA 90024
    310.209.2468 ·
  2. Weiss & Yourman (Los Angeles, CA)
    10940 Wilshire Blvd - 24th Floor, Weiss & Yourman (Los Angeles, CA), CA 90024
    310.208.2800 310.209.2348 · info@wyca.com
No Document Title Filing Date
No Document Title Filing Date