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Case Status:    SETTLED
On or around 03/15/2001 (Date of order of final judgment)

Filing Date: October 21, 1997

According to the docket dated December 05, 2003, the parties filed a Stipulation of Settlement on November 15, 2000. The court in its Minute Order preliminary approves order in connection with settlement proceedings; joint motion for preliminary approval of class action settlement pursuant to Rule 23 of the Federal Rules of Civil Procedure is granted. On March 07, 2001, plaintiffs filed Motion for final approval of class action settlement and fee application; Memorandums of law; Notice. In its Minute Order dated March 14, 2001, the court gave order and final judgment. Plaintiffs' motion for final approval of class action settlement [98-1] and fee application is granted [98-2].This case is hereby dismissed with prejudice and without costs, except as provided in the stipulation. The case is terminated.

According to the firm's 10-Q filing dated November 12, 1999, on April 9, 1998, the plaintiffs voluntarily dismissed their Securities Act claims. On May 5, 1998, the defendants moved to dismiss the remaining counts of the complaint. That motion was denied on March 31, 1999 and defendants' answer was filed on June 25, 1999. On July 30, 1999, defendants filed a motion seeking reconsideration of the denial of their motion to dismiss.

The original complaint asserts claims for violations of Section 10(b) and 20(a) of the Securities Exchange Act of 1934. The complaint alleges violations of the federal securities laws, based on defendants' false representations of the company's current financial and business conditions as well as the company's future business prospects. Plaintiff alleges that defendants withheld material information from -- and made false representations in -- publicly disseminated press releases and other materials which artificially inflated the price of NextLevel common stock.

COMPANY INFORMATION:

Sector: Services
Industry: Broadcasting & Cable TV
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: NLV
Company Market: New York SE
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. Illinois
DOCKET #: 97-CV-7362
JUDGE: Hon. Ann C. Williams
DATE FILED: 10/21/1997
CLASS PERIOD START: 07/28/1997
CLASS PERIOD END: 10/16/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Schiffrin & Barroway LLP
    3 Bala Plaza E, Schiffrin & Barroway LLP, PA 19004
    610.667.7706 610.667.7056 · info@sbclasslaw.com
  2. Weiss & Yourman (New York, NY)
    The French Building, 551 Fifth Ave., Suite 1600, Weiss & Yourman (New York, NY), NY 10126
    212.682.3025 212.682.3010 · info@wyca.com
No Document Title Filing Date
COURT: N.D. Illinois
DOCKET #: 97-CV-7362
JUDGE: Hon. Ann C. Williams
DATE FILED: 02/20/1998
CLASS PERIOD START: 07/25/1997
CLASS PERIOD END: 10/15/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Robert D. Allison & Associates
    122 S. Michigan Avenue Ste 1850 , Robert D. Allison & Associates, IL 60603
    ·
  2. Schiffrin & Barroway LLP
    3 Bala Plaza E, Schiffrin & Barroway LLP, PA 19004
    610.667.7706 610.667.7056 · info@sbclasslaw.com
  3. 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