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Case Status:    DISMISSED    
On or around 05/04/1998 (Date of order of final judgment)

Filing Date: April 14, 1997

According to the closing Order, dated 05/01/1998, from U.S. District Judge
Charles A. Legge of the United States District Court For The Northern District Of California, the defendants' motion to dismiss the amended complaint was granted with prejudice because the stock purchasers did not meet the heightened pleading requirements that were imposed in cases alleging violation of federal securities laws.
The original complaint charged Nellcor and certain of its officers and directors with violations of the federal securities laws and alleged that defendants participated in a fraudulent scheme and course of business that operated to manipulate Nellcor's stock price and to defraud and deceive Nellcor investors by disseminating statements and information which misrepresented the success of Nellcor's August 1995 acquisition of Puritan Bennett, the attempted integration of Nellcor's and Puritan Bennett's sales forces and the strength of Nellcor's Homecare business following Nellcor's merger with Puritan Bennett.

COMPANY INFORMATION:

Sector: Healthcare
Industry: Medical Equipment & Supplies
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: NELL
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 #: 97-CV-1319
JUDGE: Hon. Charles A. Legge
DATE FILED: 04/14/1997
CLASS PERIOD START: 09/29/1995
CLASS PERIOD END: 04/16/1996
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA)
    100 Pine Street - Suite 2600, Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA), CA 94111
    415.288.4545 415.288.4534 ·
  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
  3. Schiffrin & Craig, Ltd.
    Three Bala Plaza East Suite 400, Schiffrin & Craig, Ltd., PA 19004
    610.667.7706 610.667.7056 ·
  4. Spector & Roseman, PC
    2000 Market Street, 12th Floor, Spector & Roseman, PC, PA 19103
    215.864.2400 ·
No Document Title Filing Date
COURT: N.D. California
DOCKET #: 97-CV-1319
JUDGE: Hon. Charles A. Legge
DATE FILED: 01/15/1998
CLASS PERIOD START: 09/29/1995
CLASS PERIOD END: 04/16/1996
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA)
    100 Pine Street - Suite 2600, Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA), CA 94111
    415.288.4545 415.288.4534 ·
  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
  3. Schiffrin, Craig & Barroway
    3 Bala Plaza, East, Suite 400, Schiffrin, Craig & Barroway, PA 19004
    610-667-7706 ·
  4. Spector & Roseman, PC
    2000 Market Street, 12th Floor, Spector & Roseman, PC, PA 19103
    215.864.2400 ·
No Document Title Filing Date
No Document Title Filing Date